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 anticipated 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) releases a winter fuel outlook. Energy costs have already gone up globally, according to Reuters. This is due to the fact the demand for energy is now greater than the available supply.
How Higher Natural Gas Prices Will Affect You
Higher natural gas prices will affect you as you turn 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, in contrast 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 cheapest 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 affordable this winter. Here's how you can spend less on your gas heating bill.
1. Request a Furnace Tune-Up
Request furnace maintenance from an HVAC professional before the heating season begins. You'll get more efficiency and it's less expensive than fixing your heating system later on in the year.
This service includes:
- Testing and cleaning gas burners for proper operation.
- Checking the heat exchanger for cracks to prevent deadly carbon monoxide leaks.
- Monitoring warm air flow and blower operation to ensure peak performance.
- Inspecting the gas valve to ensure fuel supply pressure is correct.
- Inspecting electrical parts for damage.
- Checking your thermostat to ensure it’s working correctly.
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, most manufacturers require it to keep your valuable warranty valid. This warranty shields you if a significant component, such as the heat exchanger, breaks on your home's heating system during a specific period.
We know you're busy and that it's easy to overlook scheduling your furnace tune-ups. That's why we offer membership programs created to make your life better while helping you save money.
With our best-value Maintenance+™, you'll receive regular preventive maintenance plus:
- Energy savings up to 30%**
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- 100% guarantee on repairs for one year*
- Lifetime thermostat warranty
- Home Health Report Card and 29-point visual check on each visit
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- Air filter replacement
2. Install 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 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 control it from a smartphone or computer.
- A color screen that shows the current temperature and humidity levels at home, as well as outside weather forecasts so you can adapt accordingly.
- Eco mode settings that instantly set 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 adding a smart thermostat, since they're ENERGY STAR® qualified. These rebates may cover a portion or even the full cost of the thermostat, so contact your natural gas supplier before you purchase one.
3. Select Energy-Efficient Thermostat Settings
Your smart thermostat will handle creating 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 suggest following 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 maximum energy savings. If this feels too chilly, these ways to save can help keep your home feeling warmer and your heating bill under control:
- 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 daytime 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 upgrading to energy-saving windows in the future, 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 stopping 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 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 adding additional 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 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 Asleep
The National Sleep Foundation says most people sleep best in a cool 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 find the ideal temperature. Begin with the temperature set at 67 degrees and lowering it by a degree each evening. You may feel chilly at first, but you'll likely be surprised how comfy you can be at a lower temperature. And how much it can impact your heating bill!
While You're Away
If you don't have any pets, you can set your thermostat as low as 50 degrees. This keeps your heating system operating and your pipes from icing. But don't be tempted to jack up your furnace when you return, instead of setting it back to 68. This won't heat your home up quicker. It'll just increase your heating bill and cause wear and tear on your furnace.
If you have pets, you can follow the Department of Energy’s suggestion to turn your thermostat back 7-10 degrees while you're gone. Doing this while you're at the office can save you up to 10% on heating bills each year.
4. Upgrade Your Furnace
Updating your old, inefficient heating system is one of the smartest ways to save on heating bills. A furnace's efficiency is measured in AFUE, or Annual Fuel Utilization Efficiency. In other words, this rating measures how efficiently your furnace uses fuel for heat.
Modern furnaces have an average AFUE of 95%, while old models only attain around 80%. Buying a new furnace that's 15% more efficient can result in major savings on your heating bills over your furnace's lifetime. While your exact utility bill savings will vary based on area weather and your temperature preferences, these cost savings could help your primary heating source pay for itself in time through a lower natural gas bill.
When to Begin Considering Furnace Installation
Here are a few other indications that it's time to begin thinking about furnace installation:
- Age. Most furnaces last between 15-20 years with proper maintenance. If yours is close to this age, you should start preparation for replacement to avoid being without heat when your furnace goes out for good.
- Repair frequency and cost. If your furnace repair bills are greater than half the price of a new system, we recommend getting a new one. This also applies if repairs are becoming more frequent.
- Decreased 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.
- Odd noises. It's typical for your furnace to make some sound as it turns on and off. But some sounds, specifically rattling, banging or screeching, are an obvious sign that something's wrong. Based on the severity of the issue, it may just be better to get a new furnace.
- Yellow burner flames. Your furnace's burner flames should always be blue. Yellow flames suggest your furnace is using more fuel and may even be producing carbon monoxide, which can be fatal in large doses. Furnaces leaking this dangerous gas should be replaced right away.
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- 15% discount on air purification products
- Lifetime thermostat warranty
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H2: Save Money on Heating Costs with Service Experts Heating & Air Conditioning
Although natural gas prices are on the rise, there are many ways to lower your heating bill with our Expert assistance. To begin, contact us at 321-428-7635 for an appointment and we'll see 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.