A natural gas furnace is the most efficient way to heat your home, particularly if you live in a cold climate. However, Reuters reports the cost of natural gas is anticipated to rise dramatically 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 already gotten more expensive around the world, 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 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 affect 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 Secrets for Saving on Heating Costs
Compared 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 things 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 more efficiency and it's cheaper than fixing your heating system later on in the year.
This service includes:
- Testing and cleaning gas burners for proper operation.
- Examining the heat exchanger for cracks to avoid 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 correct.
- Inspecting electrical parts for damage.
- Taking a look at your thermostat to ensure it’s working right.
Having your HVAC system serviced each year helps control energy use, reduces the likelihood of breakdowns and may even make your heating system last longer. Plus, most manufacturers require it to keep your valuable warranty applicable. This warranty shields you if a significant part, such as the heat exchanger, breaks on your home's heating system during a certain period.
We know you're busy and that it's easy to forget about scheduling your furnace tune-ups. That's why we offer 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 costs—ever
- 15% discount on repairs and air purification solutions
- 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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- 100% parts and labor coverage for repairs*
- Air filter replacement
2. Get a Smart Thermostat
HVAC professionals recommend 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 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 instantly set the thermostat to save you more money.
- Smart programming that creates an energy-efficient heating schedule 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 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 creating an efficient schedule that potentially reduces your heating bill, but you'll need to set 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 more comfortable and your heating bill under control:
- 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 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 putting 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 very good at blocking cold air drafts and keeping warm air where it should be.
- Make sure heating vents are unrestricted. 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 loses a lot of hot air through the attic.
- Schedule an energy audit through your natural gas company. This service is usually 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 do 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 choose the right temperature. Start with the temperature set at 67 degrees and decreasing it by a degree every evening. You might feel chilly at first, but you'll probably be surprised how comfy you can be at a lower temperature. And how much it can impact your heating bill!
While You're Gone
If you don't have any pets, you can set your thermostat as cool as 50 degrees. This keeps your heating system operating and your pipes from freezing. But don't be tempted to jack 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 follow the Department of Energy’s advice to set 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 outdated, inefficient heating system is one of the best 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 old models only attain around 80%. Buying a new furnace that's 15% more efficient can lead to 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 savings could help your primary heating source pay for itself over time through a lower natural gas bill.
When to Begin Considering Furnace Installation
Here are a few other signs that it's time to begin considering furnace installation:
- Age. Many furnaces last between 15-20 years with adequate maintenance. If yours is close to this age, you should start planning for replacement to prevent being without heat when your furnace goes out for good.
- Repair frequency and price. If your furnace repair bills are more than half the price of a new system, we suggest getting a new one. This also is applicable if repairs are becoming more consistent.
- Decreased comfort and pricey 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 noise as it turns on and off. But some sounds, especially rattling, banging or screeching, are an obvious sign that something's awry. 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 consuming more fuel and may even be creating carbon monoxide, which can be deadly in big doses. Furnaces leaking this deadly gas should be replaced right away.
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- Expert installation at no extra cost
- 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 each visit
- 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 countless ways to reduce your heating bill with our Expert assistance. To begin, call us at 330-305-2799 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.