Keep the Heat, Lower the Bill: Four Tips For Lowering Your Heating Bill

Tue, Dec 10, 2013

Budgeting

The current cold wave enveloping large parts of the United States may prompt you to turn up the heat in your own home to avoid the bone-chilling effects of the weather. The downside to that, though, is that this can leave you with a humongous heating bill. In order to find a balance against the cold, here are some tips in keeping the heat in and thus lower your bill in the long run.

Tip No. 1: Make improvements in your home heating system. Much of the wasted heat can be attributed to two things: generation losses and dissipation. The heat is lost to the point where it is generated in your home, namely the furnace and its attached pipes and up to the vents and the thermostat. Thus, it is best to check on your heating pipes as well as your furnace to ensure it’s clean, as rust and other elements will contribute to an inefficient furnace. Also, swaddling the heating pipes would also result in a more efficient distribution of heat. As for heat dissipation, simple replacement of weatherstrips, adjusting door thresholds and plugging holes in the walls would help in keeping the heat in and the unwelcomed cold out.

Tip No. 2: Using indoor vents and fans wisely. This is one of the major issues in efficiently distributing the heat throughout the home. Indoor vents are often blocked by rugs or furniture which is a loss of heat and additional costs. It is also good to have fans near vents in order to help push the warm air around specific areas in the room, called heat zones. These heat zones would be the focal points of the heat as they are the most used areas in a home. Thus, heating the house becomes more efficient as the most used areas in the home are the ones using the heat instead of the whole house. Another trick is the use of curtains and drapes, as they traps heat and prevent the cold air outside from cooling down the house, thus keeping the heat and lowering the bill.

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Tip No. 3: Bundling up at home. Many fail to realize that one way in keeping the heat and lowering the cost of heating is through the use of layers of clothing. If this is effective outside, it can be exponentially so inside. Thus, one can lower the thermostat by putting on a couple more layers of clothing even when at home. Not only can the people in the home bundle up, but a homeowner can also bundle up their actual home. This can be done by ensuring all the walls are properly sealed, including weatherproofing the windows as well as properly covering the fireplace vents and insulating the attic access. So when wrapping yourself up, don’t forget to wrap up your home as well.

Tip No. 4: Upgrading the thermostat and radiator. This is one of the major areas where one can definitely keep in the heat and lower the bill. Upgrading one’s thermostat, such as the one with a timer to allot a schedule as to the temperature at given times. Turning off the heat would just increase the cost of reheating a cold home. The new age thermostat would lower the heat at set specific times in order to maintain the temperature of the home at a manageable level. Another improvement needing to be done would be upgrading one’s radiator, if it is still being used for the heat. There are many low-cost appliances such as thermostats and radiators that can provide more efficient heat delivery systems in one home but a small investment in this area can go a long way in saving for one’s heating bill.

As can be seen, there need not be major changes or improvements made in one’s home in order to keep the heat in without the extravagant cost. Small changes, such as small changes in the heating system, wise use of fans and vents, bundling up with clothes and upgrading appliances would put small savings that can become large ones at the end of each month.

Dave Landry Jr. is a personal finance manager and small business owner located in Southern California. For more on Dave’s work, visit DepositAccounts.com for advice on savings accounts, bank rates and much more. Dave hopes this article helps you get ideas for saving on your next heating bill.

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