When winter arrives, many homeowners will rediscover how inefficient their home is at producing and retaining heat, a fact they can’t ignore when they look at their heating bills. If this describes your situation, it’s important to realize you don’t have to endure soaring heating bills that seem to get worse by the year, regardless of utility rates. Instead, you can implement the measures for how to save money on heating costs listed below, which are most effective when implemented together.
How to Save Money on Heating Costs: Five Strategies that Work
1. Install an Energy Efficient Furnace
Most furnaces last for decades, meaning many homes have a furnace whose efficiency standard is far from today’s standards. Old furnaces typically have a power to heat conversion ratio of roughly 60 percent, while today’s most efficient furnaces have a conversion ration that approaches 90 percent. By implementing a more efficient furnace, you can increase your home’s equity and reduce your heating bills at the same time.
2. Have your Home’s Envelope Inspected
A home’s envelope is the barrier of insulation that rests in the space between its interior and exterior walls, preserving internal temperature against external temperature. The best envelope for your home depends heavily on your climate. But if your home is over 20 years old, its envelope probably isn’t as efficient as the envelopes available today. Implementing a newer, more efficient envelope could reduce your home’s heating expense for the rest of your life.
3. Install an Efficient Boiler
Because your boiler provides hot water, it technically qualifies as a part of your home’s heating system. If your boiler is over ten years old, chances are its power to heat conversion ratio hovers at around 60 percent, whereas conversion ratios in today’s efficient boilers can approach almost 90 percent, a significant difference that can reduce how much power your home uses to attain heat.
4. Install New Doors and Windows
Doors and windows are a common target of residential energy efficiency assessments, as they have a tendency to let cold air in and warm air out. Replacing your doors and windows with more efficient models can significantly reduce your heating bill, as well as add equity to your home. When considering replacements, keep in mind that replacing all older windows and doors, except those that have antique or decorative value, is the best strategy for improving your home’s energy efficiency.
5. Repair What Your Can’t Replace
Although they more than make up for their cost in terms of reduced heating bills and increased home equity, the aforementioned measures can require a significant upfront investment. If you currently can’t make this investment, repairing your home’s energy inefficient elements, such as re-insulating old doors and windows and doing furnace repair for leaks, can still reduce your utility bill. Always remember hire a professional heating and cooling service for gas furnace repair.