10+ Easy Ways to Save Money on Heating Bills (and 2 Expensive Ones to Avoid) (2024)

I’m all about ways to save on heating right now. Because get this…Recently our utilities provider decided they would like to raise rates by 8% every year for the next few years until 2024. Rising heat costs are a fact of life, but there’s always ways that we can save money on heating.

(What that means for everyone is that their rates will rise by over 50% over the few years.My heart goes out to those people like my grandma on a fixed income.Because a rise like that will hurt these people the most. It’s going to hurt us too.)

Luckily there are a few things we can do to battle rising heating costs, no matter what type of heating you have.

Let’s save money on heating!

Table of Contents

Get a Programmable Thermostat

I wassurprised at how much this helped our bills. We had it set to drop at night, which was better for sleeping. Then the furnace would kick on before we got up, go back down while we were at work. The savings were significant.

Added bonus! Many companies are seeing the benefits and you can get rebates on your new thermostat. Make sure to check with your utilities company.

Turn Down the Thermostat

If you don’t want to spring for a new thermostat, then turning down your thermostat is a easy way to go. This can save quite a bit of money. Don’t like the cold? Pop on a sweater or cozy up with a blanket. It’s the easier option.

Check out these programmable thermostats

Upgrade Your Insulation

There are a lot of programs out there that will cover your upgrade or give you grants to do so. You should check your area’s utility provider before doing this. Since you may need approval before getting started. If you are in an older house, upgrading your insulation will help cut your heating costs in the winter, and cooling costs in the summer. If you are in an older house the insulation could be quite old and in need of upgrading.

Upgrade Your Windows?

My belief is that upgrading your windows for the energy savings isn’t as great of a savings as you likely think. While the windows of today would embarrass the windows of earlier generations. Windows are expensive and in all honesty you probably won’t see the cost savings from the upgrade.

Another thing to consider. If you do have an old house, upgrading the windows won’t give you much savings when the walls still have 100 year old insulation in it. Just my thoughts, but I would avoid this one

Upgrade your Furnace

If you have an old furnace that is getting the job done but remembers disco, then you need to think about switching it out. Furnaces have come a long way in the past 20 years and upgrading could cut your heating budget down big time.

Stop the Air From Leaking Out

No matter what you do make sure to plug any hole you might have around your door and windows. Leaking air can quickly add up in the cold months. If you can see through the crack in the door it’s probably a good time to fix the gaps. (Hint, if you have ice around doors and windows there is likely air passing through. See if there is a way to plug it up.

Stop leaks with this foam spray

Replace Your Furnace Filter

I have a reminder set for this one. All the dust from your house goes through your ducts and ends up in that filter. When the filter gets clogged the furnace needs to work more to get the heat through. Replacing them can help you save money on utility bills.

Click here to save on new furnace filters

Go Geothermal

There are a few benefits of going green. Usually there is some sort of government incentive or grant. There is a higher up front cost but the savings can add up over time. Having geothermal for 7 years now I can say I love having the house at the same temperature year round. That said from the builders I have spoken with to install in an existing house. Like everything it could make sense for your situation.

Unless you are building a new home, geothermal probably isn’t the smart way to save money on heating.

Bundle Up

Personally I love a cooler house, I love wearing sweaters and a blanket on the couch is one of my favourite things at the end of a long day. Doing this can help you keep the house cooler than you normally would and save money on heating costs.

Use Free Heat from the Oven

Ever heat something up in the oven and then shut the door. There is some good heat in that oven that is going to waste. Leave the door open and allow the heat to flow out into the kitchen. Just make sure there are no little ones around to touch it.

Get an Energy Audit to Save Money on Heating Bills

If you have the money getting an energy audit done can help you find out where you house is short on heat and help you cut costs over the lifetime of your heating bills. Provided you put the suggestions into place.

Use the Fans to Circulate Your Heat

Heat rises, if you can put your ceiling fans on reverse it will push down the heat and you can benefit from it fast.

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Share the good word about how to save money on heating bills this winter

10+ Easy Ways to Save Money on Heating Bills (and 2 Expensive Ones to Avoid) (1)

10+ Easy Ways to Save Money on Heating Bills (and 2 Expensive Ones to Avoid) (2024)

FAQs

What can I turn heat on to save money? ›

The smaller the difference between the indoor and outdoor temperatures, the lower your overall cooling bill will be. You can easily save energy in the winter by setting the thermostat to around 68°F to 70°F while you're awake and setting it lower while you're asleep or away from home.

How to keep heating costs down? ›

8 Ways to Lower Your Heating Costs
  1. Caulk and weather strip. ...
  2. Insulate your attic. ...
  3. Change your air filter. ...
  4. Get your heating system inspected. ...
  5. Install a programmable thermostat. ...
  6. Set your thermostat at 70 degrees or lower. ...
  7. Let the sun heat your house. ...
  8. Sign up for budget billing.
Jan 9, 2023

What is the quickest and easiest way to save money on energy bills? ›

Shut down devices you're not using. Curbing energy waste from devices that may appear to be switched off but are still using electricity (aka “energy vampires”) is another simple way to lower your electric bills. To make it easier to turn off all devices at once, consider an advanced power strip.

Does turning down the thermostat save money? ›

During winter, the lower the temperature inside your home, the slower the heat loss, so if you can keep the temperature lower for long periods of time – like when you are sleeping or at work – you will save more energy and reduce your heating bill.

What temperature to keep house so pipes don't freeze? ›

But while a lower temperature may reduce your heating bill, it could mean disaster if a cold temperatures hit, and your pipes freeze and burst. This doesn't mean you have to keep your house as warm as normal — any temperature 55 degrees or higher is appropriate to keep your pipes safe.

Is it cheaper to leave the heater on all day? ›

Ultimately then, the key to cost effective home heating isn't to leave the system on all day every day. It will save you money in the long run to properly insulate your home, ensuring you won't need to use as much energy to keep your home at a comfortable temperature.

What is the least expensive way to heat your home? ›

Cheapest ways to heat your home
  • Ceramic Heaters. ...
  • Oil-Filled Heaters. ...
  • Fan Heaters. ...
  • Convector Heaters. ...
  • Panel Heaters. ...
  • Storage Heaters. ...
  • Space Heaters. ...
  • Heated clothes airers.

Does cutting your heat on and off cost more? ›

Does turning the heat on and off raise the bill each month? The answer is no. Adjusting your thermostat to lower settings when you're not home or when you're asleep can actually lead to significant heating bill savings.

Is it cheaper to turn off or down the heat? ›

It's More Advisable to Turn the Heat Down, Not Off

If you really want to save money and avoid the problems associated with turning off the heat at night, what you should do instead is just turn it down.

What runs your electric bill up the most? ›

Which home appliances use the most electricity?
  1. Heating and cooling: 45-50% The largest electricity consumer in the average household is your heating and cooling appliance. ...
  2. Water heater: 12% ...
  3. Lighting: 9-12% ...
  4. Refrigerator: 8% ...
  5. Washer and dryer: 5% ...
  6. Electric oven: 3% ...
  7. Dishwasher: 2% ...
  8. TV and cable box: 2%
Dec 20, 2022

What bills can I reduce? ›

How to save on water, gas and electricity
  • Choose paperless billing.
  • Pay by direct debit.
  • Use a smart meter.
  • If you've got older appliances, upgrading to more energy efficient ones could save you money in the long term.
  • Shower instead of having a bath.
  • Wash at lower temperatures and use eco cycles to cut your water bill.
Dec 12, 2023

Does unplugging appliances save electricity? ›

When your devices are plugged in but not in use, they consume electricity, known as the phantom effect. As a result, unplugging those devices can save electricity. Do not worry about unplugging every gadget; simply plug what you can into a power strip so you can unplug less.

What is the cheapest temperature to keep your house in winter? ›

A temperature of 68 degrees Fahrenheit is often considered the best temperature to set thermostat in winter to save money. But why is 68 degrees the best winter thermostat setting? In winter, heat loss through walls, windows, and doors is a significant contributor to energy wastage.

What temperature should I keep my house to save money? ›

What temperature should you keep your house at? Or better yet, “What is the most energy saving temperature to set my thermostat at?” According to ENERGYSTAR.gov, the ideal home temperature should be between 70 to 78 degrees Fahrenheit.

What temperature should my house be in winter? ›

A detailed study from the National Renewable Energy Laboratory found residents preferred a wintertime heater setting between 67 °F and 70 °F (19 °C to 21 °C). The Department of Energy recommends a winter heat setting of 68 °F (20 °C), which matches up very well with the temperatures most of us are comfortable with.

Is 72 a good temperature for heat in the winter? ›

While there are occupants in the house, it is advised for homeowners to set their thermostats between 68 and 72 degrees to promote maximum comfort. A pleasant temperature for everyone in the house, regardless of the apparel they are wearing, is between 68 and 72 degrees, which is neither too warm nor too cool.

What heat temperature saves the most money? ›

According to the US Department of Energy, it's best to keep your thermostat at 68 degrees Fahrenheit for most of the day during the winter season. For maximum efficiency, you should also designate eight hours per day during which you turn the temperature down by between 7 and 10 degrees.

Is 75 a good temperature for heat? ›

Typically, our bodies are most comfortable when the air inside our home is 74-76 degrees. So, a safe setting is 75 degrees. However, this is only necessary when you're in your home.

What is the most economical way to heat? ›

Cheapest ways to heat your home
  • Ceramic Heaters. ...
  • Oil-Filled Heaters. ...
  • Fan Heaters. ...
  • Convector Heaters. ...
  • Panel Heaters. ...
  • Storage Heaters. ...
  • Space Heaters. ...
  • Heated clothes airers.

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