How to Save on Home Heating Costs as Natural Gas Goes Up
A natural gas furnace is the most cost-effective way to heat your home, especially if you live in a cold climate. However, Reuters says the cost of natural gas is expected to rise dramatically during the winter heating season. Learn why the price of natural gas is getting more expensive and how to save on gas heating bills this year.
Why Is Natural Gas Getting More Expensive?
Each year, the U.S. Energy Information Administration (EIA) produces a winter fuel outlook. Energy costs have already gotten more expensive globally, according to Reuters. This is because the need for energy is now greater than the available supply.
How Higher Natural Gas Prices Will Impact You
Higher natural gas prices will impact you as you turn on your heating system and get utility bills. Here’s about how much it will impact the average household during the six-month winter heating season, as compared to 2020.
- Average heating bill for 2020 season: $573, or about $95.50 monthly.
- Average heating bill for 2021 season: $746, or about $124.33 monthly. That’s about a 30% increase from the previous year.
4 Secrets for Saving on Heating Costs
Compared to other fuel sources, a natural gas heating system is still the most affordable and most efficient way to heat your home. And there are several steps you can take to you can do to keep your heating costs affordable this winter. Here’s how you can spend less on your gas heating bill.
1. Request a Furnace Tune-Up
Schedule furnace maintenance from an HVAC professional before the heating season begins. You’ll get greater] efficiency and it’s {cheaper than repairing your heating system later on in the year.
This service includes:
- Testing and cleaning gas burners for correct operation.
- Examining the heat exchanger for cracks to avoid deadly carbon monoxide leaks.
- Monitoring warm air flow and blower operation to ensure peak performance.
- Examining the gas valve to ensure fuel supply pressure is correct.
- Checking electrical parts for damage.
- Checking your thermostat to ensure it’s working correctly.
Having your HVAC system serviced each year helps manage energy use, decreases the chance of breakdowns and may even make your heating system last longer. Plus, most manufacturers require it to keep your valuable warranty valid. This warranty protects you if a major component, like the heat exchanger, breaks on your home’s heating system during a certain period.
We know you’re busy and that it’s easy to forget about booking your furnace tune-ups. That’s why we provide membership programs designed to make your life easier while helping you save money.
With our best-value Maintenance+™, you’ll enjoy regular preventive maintenance plus:
- Energy savings up to 30%**
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- 100% guarantee on repairs for one year*
- Lifetime thermostat warranty
- Home Health Report Card and 29-point visual check on each visit
2. Install a Smart Thermostat
HVAC professionals recommend replacing your programmable thermostat with one that’s “smart” to save money on your energy bill. This means it uses Wi-Fi, so you can control your HVAC system from your smartphone or tablet from bed in the morning, or just about anyplace in the world. You’ll get real-time updates on how much energy you’re using.
The best smart thermostats for central heating have:
- Wi-Fi capability with an app to control it from a smartphone or computer.
- A color screen that displays the current temperature and humidity levels at home, as well as outside weather forecasts so you can adjust accordingly.
- Eco mode settings that automatically set the thermostat to save you more money.
- Smart programming that creates an energy-efficient heating schedule based on your temperature preferences.
Your energy company probably offers valuable rebates for installing a smart thermostat, since they’re ENERGY STAR® qualified. These rebates may cover a part or even the full cost of the thermostat, so check with your natural gas supplier before you buy one.
3. Choose Energy-Efficient Thermostat Settings
Your smart thermostat will take care of making an efficient schedule that potentially lowers your heating bill, but you’ll need to program it for a few days so it can learn your temperature preferences. We recommend following these winter thermostat settings from the U.S. Department of Energy and ENERGY STAR.
When You’re at Home
Your thermostat should be set to 68 degrees for maximum energy savings. If this feels too chilly, these ways to save can help keep your home feeling warmer and your heating bill under control:
- Choose window treatments that block heat loss, like as honeycomb shades, plantation shutters or window blankets, which are thick quilts.
- Open south-facing window treatments during the day to let in natural heat from the sun. Keep your windows covered at night to seal out cold air.
- Cover drafty windows with plastic sheeting to prevent air leaks. Consider getting energy-saving windows later on, such as double pane with insulating gas or triple pane.
- Set ceiling fans to counterclockwise so they can disperse warm air that collects near the ceiling.
- Have an HVAC professional seal heating ducts. This is often done through putting metallic tape on gaps and helps you retain more hot air from your heating system.
- Add weather stripping on windows and doors. Weather stripping is very good at stopping cold air drafts and keeping warm air where it belongs.
- Make sure heating vents are open. Closing vents in rooms you don’t use is a bad idea since it can affect air balance and make your furnace work harder. Also, try not to block vents as this affects how heating systems distribute warm air.
- Consider adding more ceiling insulation, since your home leaks a lot of hot air through the attic.
- Schedule an energy audit through your natural gas company. This service is usually free and offers valuable advice on how to save money and lower your heating bill. It may help you determine how much insulation you need to add, find air leaks and more.
While You’re Sleeping
The National Sleep Foundation says most people sleep best in a cool room. During the winter, that can range from 60-67 degrees, depending on your personal preferences.
Try testing your thermostat for about a week to find the right temperature. Begin with the temperature set at 67 degrees and decreasing it by a degree every night. You might feel cold initially, but you’ll probably be amazed how comfortable you can be at a cooler temperature. And how much it can affect your heating bill!
While You’re Gone
If you don’t have any pets, you can turn down your thermostat as cool as 50 degrees. This keeps your heating system running and your pipes from freezing. But don’t be tempted to jack up your furnace when you get back, instead of setting it back to 68. This won’t heat your home up quicker. It’ll just increase your heating bill and result in wear and tear on your furnace.
If you have pets, you can use the Department of Energy’s advice to set your thermostat back 7-10 degrees while you’re gone. Doing this while you’re at the office can save you up to 10% on heating bills each year.
4. Upgrade Your Furnace
Updating your outdated, inefficient heating system is one of the smartest ways to save on heating bills. A furnace’s efficiency is measured in AFUE, or Annual Fuel Utilization Efficiency. In other words, this rating measures how efficiently your furnace uses fuel for heat.
Newer furnaces have an average AFUE of 95%, while older models only achieve around 80%. Getting a new furnace that’s 15% more efficient can lead to big savings on your heating bills over your furnace’s life. While your precise utility bill reductions will vary based on local weather and your temperature preferences, these savings could help your primary heating source pay for itself in time through a lower natural gas bill.
When to Start Considering Furnace Installation
Here are a few other signs that it’s time to begin thinking about furnace installation:
- Age. Many furnaces last between 15-20 years with proper maintenance. If yours is close to this age, you should begin preparation for replacement to prevent being without heat when your furnace breaks down for good.
- Repair frequency and cost. If your furnace repair bills are greater than half the cost of a new system, we recommend getting a new one. This also applies if repairs are becoming more frequent.
- Reduced comfort and more expensive heating bills. As your furnace gets older, it consumes more energy. You’ll notice this through your home being less comfortable and your heating bill being more expensive.
- Weird noises. It’s normal for your furnace to make some noise as it turns on and off. But some noises, particularly rattling, banging or screeching, are an obvious sign that something’s awry. Based on the severity of the problem, it may just be better to buy a new furnace.
- Yellow burner flames. Your furnace’s burner flames should always be blue. Yellow flames mean your furnace is using more fuel and may even be creating carbon monoxide, which can be fatal in big doses. Furnaces seeping this deadly gas should be taken out right away.
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- Lifetime thermostat warranty
- Home Health™ Report Card and 29-point visual check on every appointment
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Save More on Heating Costs with Service Experts Heating, Air Conditioning & Plumbing
Although natural gas prices are going up, there are countless ways to lower your heating bill with our Expert assistance. To get started, contact us at 866-397-3787 for an appointment and we’ll take a look at what you can do to save money this winter!
*For HVAC Service Memberships, certain warranty exclusions and limitations apply. See your signed agreement for full terms and conditions. For the Advantage Program™, please see your signed Advantage Program Agreement for full details and exclusions. Lease with approved credit; visit ServiceExperts.com for details. **Potential savings may vary depending on age and condition of equipment, personal lifestyle, system settings, equipment maintenance, and installation of equipment and duct system.
