Jack Frost is nipping at your wallet: prices to keep your home warm this winter will be higher. In some areas, it will approach up to $200 more than last year.
Forecasters have determined that New Yorkers will be seeing winter conditions very similar to last year, including below-freezing temperatures and massive snowstorms. So, why is it that even though the weather conditions will be similar, the amount of your heating bill won’t be?
Winter heating bills are going up.
Crude-oil prices are the reason behind your increasingly high heating bill. Those who live in the Northeast, primarily those who use heating oil as the source of heat, will see the biggest hikes in their heating bill. According to the U.S. Energy Information Administration, if you live in New York, you may see anywhere up to 10% increase on your energy bill. When broken down, that means homeowners can expect to shell out roughly $2,943 this winter in heating costs over last year’s $2,300.
Energy Saving Tips:
Before you give up hope, there are some ways you can save money this winter on your heating bill despite these astonishing figures.
- Complete an energy audit. An energy audit will help you to determine how much energy you’re using versus how much energy you should be using.
- Insulate your home. Did you know that only 20% of homes built before 1980 are well insulated? One of the best things you can do for your home and your energy bill is to add insulation in your attic and basement.
- Replace filters. Replace the filters on your furnace at least once a month, especially over the winter months. Also, keep the registers, baseboard heaters and radiators clean. It’s also best to ensure nothing is blocking the furnace; such as furniture, carpeting, drapes, or clothes.
- Invest in a humidifier. Add moisture to the air with a humidifier. When the weather starts to dip, the air inside the home can become very dry. Moist air feels warmer; as a result you’ll feel less prone to keep running to the heater to turn it up on those cold nights.
- Have fun with foam. Foam insulation gaskets installed behind electric outlets and switch plate covers will help keep the warm air inside your home longer.