A natural gas furnace is the most efficient way to heat your home, especially if you live in a cold climate. However, Reuters says the price of natural gas is expected to rise dramatically during the winter heating season. Find out why the price of natural gas is getting more expensive and how to save on gas heating bills this year.
Why Is Natural Gas Going Up?
Every year, the U.S. Energy Information Administration (EIA) releases a winter fuel outlook. Energy costs have already gotten more expensive globally, according to Reuters. This is due to the fact the demand for energy is now higher than the available supply.
How More Expensive 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 affect the average household during the six-month winter heating season, in contrast to 2020.
- 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 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
Schedule furnace maintenance from an HVAC professional before the heating season begins. You'll get greater efficiency and it's cheaper than fixing your heating system later on in the year.
This service consists of:
- Evaluating and cleaning gas burners for proper operation.
- Examining the heat exchanger for cracks to avoid dangerous 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 right.
- Checking electrical parts for damage.
- Taking a look at your thermostat to ensure it’s working right.
Having your HVAC system serviced each year helps manage energy use, reduces the likelihood of breakdowns and may even make your heating system last longer. Plus, many manufacturers require it to keep your valuable warranty valid. This warranty shields you if a major part, such as the heat exchanger, fails on your home's heating system during a specific period.
We know you're busy and that it's easy to overlook booking your furnace tune-ups. That's why we provide membership programs designed 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%**
- Guaranteed 24/7/365 priority service
- No trip or overtime charges—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 every visit
For the greatest comfort, there's Armor+™. This plan provides all the benefits of Maintenance+, in addition to:
- 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 uses Wi-Fi, so you can regulate your HVAC system from your smartphone or tablet from bed when you wake up, or just about anywhere in the world. You'll get real-time updates on how much energy you're using.
The best smart thermostats for central heating have:
- Wi-Fi capabilities with an app to manage 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 automatically set 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 offers valuable rebates for installing a smart thermostat, since they're ENERGY STAR® qualified. These rebates may cover a part or even the complete cost of the thermostat, so contact your natural gas supplier before you purchase 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 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 maximum energy savings. If this feels too cold, 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, such 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 keep out cold air.
- Cover drafty windows with plastic sheeting to stop air leaks. Consider upgrading to energy-saving windows later on, 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 retain more hot air from your heating system.
- Add weather stripping on windows and doors. Weather stripping is great at preventing cold air drafts and keeping warm air where it belongs.
- 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 adding additional ceiling insulation, since your home leaks a lot of hot air through the attic.
- Book 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, locate 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 experimenting with your thermostat for about a week to choose the right temperature. Start with the temperature set at 67 degrees and lowering it by a degree each night. You may feel chilly at first, but you'll likely be surprised how comfortable you can be at a lower temperature. And how much it can affect your heating bill!
While You're Gone
If you don't have any pets, you can turn down your thermostat as low 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 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 result in 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 away. Doing this while you're at the office can save you up to 10% on heating bills each year.
4. Upgrade Your Furnace
Replacing 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. In other words, 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%. Buying a new furnace that's 15% more efficient can result in big savings on your heating bills over your furnace's lifetime. While your exact utility bill savings will vary based on local weather and your temperature preferences, these savings could help your primary heating source pay for itself in time through a cheaper natural gas bill.
When to Begin Considering 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 proper maintenance. If yours is close to this age, you should start planning for replacement to prevent being without heat when your furnace breaks down for good.
- Repair frequency and price. If your furnace repair bills are greater than half the price of a new system, we suggest getting a new one. This also applies if repairs are becoming more consistent.
- Decreased comfort and pricey heating bills. As your furnace gets older, it consumes more energy. You'll notice this through your home being less comfortable and your heating bill being higher.
- Unusual noises. It's typical for your furnace to make some sound as it turns on and off. But some noises, particularly 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 get a new furnace.
- Yellow burner flames. Your furnace's burner flames should always be blue. Yellow flames mean your furnace is consuming more gas and may even be creating carbon monoxide, which can be fatal in large doses. Furnaces seeping this deadly gas should be taken out right away.
We realize that furnace replacement is a big investment. It can also be a surprise that you're not completely prepared for. That's why we have the Service Experts Advantage Program™. This hassle-free subscription program is revolutionizing home comfort by covering everything, with no big up-front cost or down payment needed.
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- Expert installation at no extra charge
- 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
- Regular preventive maintenance and energy savings up to 30%**
H2: Save Money on Heating Costs with Atmostemp Service Experts
Although natural gas prices are going up, there are lots of ways to lower your heating bill with our Expert assistance. To get started, call us at 856-310-4824 for an appointment and we'll see what you can do to save 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.