A natural gas furnace is the most efficient way to heat your home, especially if you live in a cool climate. However, Reuters reports the cost of natural gas is expected to rise significantly 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?
Every year, the U.S. Energy Information Administration (EIA) produces a winter fuel outlook. Energy costs have previously gotten more expensive around the world, according to Reuters. This is due to the fact the need for energy is now higher than the available supply.
How More Expensive Natural Gas Prices Will Affect You
Higher natural gas prices will impact you as you switch on your heating system and receive 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 Tips 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 several steps you can take to you can do to keep your heating costs down this winter. Here's how you can save on your gas heating bill.
1. Schedule a Furnace Tune-Up
Request furnace maintenance from an HVAC professional before the heating season begins. You'll get greater efficiency and it's less expensive than repairing your heating system later on in the year.
This service includes:
- Evaluating and cleaning gas burners for proper operation.
- Checking the heat exchanger for cracks to prevent dangerous carbon monoxide leaks.
- Monitoring warm air flow and blower operation to ensure peak performance.
- Examining the gas valve to make sure fuel supply pressure is correct.
- Checking electrical parts for problems.
- Taking a look at your thermostat to make sure it’s working right.
Having your HVAC system maintained each year helps manage energy use, reduces the chance 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, such as the heat exchanger, fails on your home's heating system during a certain period.
We know you're busy and that it's easy to overlook scheduling your furnace tune-ups. That's why we provide membership programs created to make your life easier while helping you save money.
With our best-value Maintenance+™, you'll receive regular preventive maintenance plus:
- Energy savings up to 30%**
- Guaranteed 24/7/365 priority service
- No trip or overtime charges—ever
- 15% discount on repairs and air purification products
- 100% guarantee on repairs for one year*
- Lifetime thermostat warranty
- Home Health Report Card and 29-point visual check on each visit
2. Get a Smart Thermostat
HVAC professionals advise updating 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 consuming.
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 adjust the thermostat to save you more money.
- Smart programming that creates an energy-efficient heating routine based on your temperature preferences.
Your energy company likely has 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 likely reduces your heating bill, but you'll need to program it for a few days so it can pick up on your temperature preferences. We recommend 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 chilly, these ways to save can help keep your home feeling more comfortable and your heating bill in check:
- Use 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 keep out cold air.
- Cover drafty windows with plastic sheeting to prevent air leaks. Consider upgrading to energy-saving windows in the future, like double pane with insulating gas or triple pane.
- Set ceiling fans to reverse 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 great at blocking cold air drafts and keeping warm air where it should be.
- Make sure heating vents are open. Shutting off vents in rooms you don't use is a bad idea since it can impact 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 loses a lot of hot air through the attic.
- Book an energy audit through your natural gas company. This service is often free and offers valuable advice on how to save money and lower your heating bill. It may help you identify 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 ideal temperature. Begin with the temperature set at 67 degrees and decreasing it by a degree each evening. You might feel cold initially, but you'll probably be amazed how comfy 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 operating and your pipes from icing. But don't be tempted to crank up your furnace when you get back, instead of setting it back to 68. This won't warm your home up quicker. It'll just drive up your heating bill and cause wear and tear on your furnace.
If you have pets, you can use the Department of Energy’s suggestion to turn 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. Get a New Furnace
Updating your outdated, 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 exact utility bill savings will vary based on local weather and your temperature preferences, these cost savings could help your primary heating source pay for itself over time through a lower natural gas bill.
When to Start Thinking about Furnace Installation
Here are a few other signs that it's time to begin thinking about furnace installation:
- Age. Most furnaces run between 15-20 years with adequate maintenance. If yours is close to this age, you should start preparation for replacement to prevent being without heat when your furnace goes out for good.
- Repair frequency and cost. If your furnace repair bills are more 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 see this through your home being less cozy and your heating bill being more expensive.
- Weird noises. It's typical for your furnace to make some sound as it turns on and off. But some noises, especially rattling, banging or screeching, are a clear sign that something's wrong. Based on the seriousness 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 gas and may even be creating carbon monoxide, which can be lethal in large doses. Furnaces leaking this hazardous gas should be replaced immediately.
We realize that furnace replacement is a major investment. It can also be a surprise that you're not fully ready for. That's why we offer the Service Experts Advantage Program™. This worry-free subscription program is changing home comfort by covering everything, with no large up-front cost or down payment needed.
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- No trip or overtime charges—ever
- Repairs, labor, parts and air filters at no extra 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 More on Heating Costs with Service Experts Heating & Air Conditioning
Although natural gas prices are going up, there are lots of ways to reduce your heating bill with our Expert assistance. To begin, contact us at 330-236-4793 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.