A natural gas furnace is the most efficient way to heat your home, especially if you live in a cool climate. However, Reuters says the price of natural gas is expected to rise significantly during the winter heating season. Learn why the price of natural gas is going up and how to save on gas heating bills this year.
Why Is Natural Gas Going Up?
Every year, the U.S. Energy Information Administration (EIA) releases a winter fuel outlook. Energy costs have previously gone up globally, according to Reuters. This is because the need for energy is now higher than the available supply.
How More Expensive Natural Gas Prices Will Impact You
Higher natural gas prices will impact you as you switch 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 last year.
- 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 last year.
4 Secrets for Saving on Heating Costs
In comparison 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 a few things you can do to keep your heating costs affordable this winter. Here's how you can save 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 more efficiency and it's cheaper than repairing your heating system later on in the year.
This service consists of:
- Evaluating and cleaning gas burners for correct operation.
- Examining the heat exchanger for cracks to prevent deadly carbon monoxide leaks.
- Monitoring warm air flow and blower operation to guarantee peak performance.
- Inspecting the gas valve to make sure fuel supply pressure is right.
- Checking electrical parts for damage.
- Taking a look at your thermostat to ensure it’s working correctly.
Having your HVAC system serviced each year helps manage energy use, reduces the likelihood of breakdowns and may even make your heating system last longer. Plus, many manufacturers require it to keep your valuable warranty applicable. This warranty shields you if a major component, like the heat exchanger, fails on your home's heating system during a specific period.
We know you're busy and that it's easy to forget about booking your furnace tune-ups. That's why we offer membership programs created to make your life easier while helping you save money.
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- Lifetime thermostat warranty
- Home Health Report Card and 29-point visual check on each visit
2. Get a Smart Thermostat
HVAC professionals advise replacing your programmable thermostat with one that's "smart" to save money on your energy bill. This means it connects to Wi-Fi, so you can control your HVAC system from your smartphone or tablet from bed in the morning, or just about anywhere in the world. You'll get real-time updates on how much energy you're consuming.
The best smart thermostats for central heating have:
- Wi-Fi capability with an app to manage 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 adjust the thermostat to save you more money.
- Smart programming that makes an energy-efficient heating routine 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 portion 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 reduces your heating bill, but you'll need to set it for a few days so it can learn your temperature preferences. We suggest using 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 the greatest energy savings. If this feels too cold, these ways to save can help keep your home feeling warmer and your heating bill in check:
- 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 stop air leaks. Consider getting energy-saving windows later on, like double pane with insulating gas or triple pane.
- Set ceiling fans to counterclockwise so they can disperse warm air that gathers near the ceiling.
- Have an HVAC professional seal heating ducts. This is often done through adding metallic tape on gaps and helps you keep more hot air from your heating system.
- Add weather stripping on windows and doors. Weather stripping is great at blocking 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 impacts how heating systems distribute warm air.
- Consider installing extra 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 provides valuable advice on how to save money and lower your heating bill. It may help you determine how much insulation you need to add, pinpoint air leaks and more.
While You're Sleeping
The National Sleep Foundation says most people do best in a cold room. During the winter, that can vary from 60-67 degrees, depending on your personal preferences.
Try testing your thermostat for about a week to choose the ideal temperature. Begin with the temperature set at 67 degrees and lowering it by a degree every night. You may feel cold at first, but you'll probably be surprised how comfortable you can be at a cooler temperature. And how much it can impact 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 icing. But don't be tempted to crank up your furnace when you return, instead of switching it back to 68. This won't warm 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 suggestion to set your thermostat back 7-10 degrees while you're away. Doing this while you're at work can save you up to 10% on heating bills every year.
4. Upgrade Your Furnace
Replacing your old, inefficient heating system is one of the smartest ways to save on heating bills. A furnace's efficiency is calculated in AFUE, or Annual Fuel Utilization Efficiency. Simply put, this rating measures how efficiently your furnace uses fuel for heat.
Modern furnaces have an average AFUE of 95%, while older models only attain around 80%. Getting a new furnace that's 15% more efficient can result in 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 over time through a lower natural gas bill.
When to Start Considering Furnace Installation
Here are a few other signals that it's time to begin considering furnace installation:
- Age. Many furnaces last between 15-20 years with proper maintenance. If yours is close to this age, you should start preparation for replacement to prevent being without heat when your furnace breaks down for good.
- Repair frequency and price. If your furnace repair bills are more than half the cost of a new system, we recommend buying a new one. This also is applicable if repairs are becoming more frequent.
- Decreased comfort and pricey heating bills. As your furnace gets older, it needs more energy. You'll notice this through your home being less cozy and your heating bill being more expensive.
- Unusual noises. It's typical for your furnace to make some noise as it turns on and off. But some sounds, particularly rattling, banging or screeching, are an obvious sign that something's wrong. Based on the seriousness of the problem, it may just be better to get a new furnace.
- Yellow burner flames. Your furnace's burner flames should always be blue. Yellow flames mean your furnace is consuming more gas and may even be creating carbon monoxide, which can be dangerous in big doses. Furnaces leaking this hazardous gas should be taken out right away.
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- Guaranteed 24/7/365 priority service
- No trip or overtime charges—ever
- Repairs, labor, parts and air filters at no added charge*
- 15% discount on air purification products
- Lifetime thermostat warranty
- Home Health™ Report Card and 29-point visual check on every appointment
- Annual preventive maintenance and energy savings up to 30%**
H2: Save Money on Heating Costs with Service Experts Heating & Air Conditioning
Although natural gas prices are on the rise, there are countless ways to lower your heating bill with our Expert assistance. To begin, contact us at 239-908-6991 for an appointment and we'll take a look at what you can do to spend less 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.