A natural gas furnace is the most cost-effective way to heat your home, particularly if you live in a cold climate. However, Reuters says the price of natural gas is anticipated to rise dramatically during the winter heating season. Learn why the price of natural gas is going up 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 gone up globally, according to Reuters. This is due to the fact the demand for energy is now greater than the available supply.
How More Expensive 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 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
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 a few things 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:
- Evaluating and cleaning gas burners for correct operation.
- Examining the heat exchanger for cracks to avoid deadly carbon monoxide leaks.
- Tracking warm air flow and blower operation to ensure peak performance.
- Examining the gas valve to make sure fuel supply pressure is correct.
- Inspecting electrical parts for problems.
- Taking a look at your thermostat to make sure it’s working correctly.
Having your HVAC system serviced each year helps manage energy use, decreases 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 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 better while helping you save money.
With our best-value Maintenance+™, you'll enjoy 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 products
- 100% guarantee on repairs for one year*
- Lifetime thermostat warranty
- Home Health Report Card and 29-point visual check on each visit
For the greatest peace of mind, 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. Install 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 regulate your HVAC system from your smartphone or tablet from bed in the morning, or just about anyplace in the world. You'll receive real-time updates on how much energy you're using.
The best smart thermostats for central heating have:
- Wi-Fi capability with an app to manage 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 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 has valuable rebates for installing 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 take care of creating an efficient schedule that likely reduces your heating bill, but you'll need to set it for a few days so it can learn 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 warmer and your heating bill in check:
- 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 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 getting energy-saving windows in the future, such as double pane with insulating gas or triple pane.
- Set ceiling fans to reverse 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 retain 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 unrestricted. 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 affects how heating systems distribute warm air.
- Consider installing 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 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, pinpoint air leaks and more.
While You're Sleeping
The National Sleep Foundation says most people do best in a cold room. During the winter, that can vary from 60-67 degrees, depending on your personal preferences.
Try experimenting with your thermostat for about a week to choose the ideal temperature. Start with the temperature set at 67 degrees and decreasing it by a degree every night. You might feel chilly initially, but you'll probably be amazed how comfortable you can be at a lower temperature. And how much it can affect your heating bill!
While You're Away
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 crank up your furnace when you return, instead of switching it back to 68. This won't warm your home up faster. 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 set 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. Upgrade Your Furnace
Replacing your old, 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. In other words, this rating measures how efficiently your furnace uses fuel for heat.
Newer furnaces have an average AFUE of 95%, while old models only achieve around 80%. Buying a new furnace that's 15% more efficient can lead to major savings on your heating bills over your furnace's life. While your precise utility bill savings will vary based on area weather and your temperature preferences, these savings could help your primary heating source pay for itself in time through a lower natural gas bill.
When to Begin Thinking about Furnace Installation
Here are a few other indications 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 avoid being without heat when your furnace goes out for good.
- Repair frequency and price. If your furnace repair bills are more than half the cost of a new system, we suggest getting a new one. This also applies if repairs are becoming more frequent.
- Decreased comfort and more expensive heating bills. As your furnace ages, it needs more energy. You'll notice this through your home being less comfortable and your heating bill being higher.
- Unusual noises. It's normal for your furnace to make some sound as it turns on and off. But some noises, specifically rattling, banging or screeching, are a clear 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 suggest your furnace is consuming more fuel and may even be generating carbon monoxide, which can be fatal in large doses. Furnaces seeping this life-threatening gas should be replaced immediately.
We realize that furnace replacement is a major investment. It can also be a shock that you're not fully ready for. That's why we have the Service Experts Advantage Program™. This hassle-free subscription program is transforming home comfort by covering everything, with no large up-front cost or down payment necessary.
For just one reasonable monthly fee, you'll get:
- A new, high-efficiency furnace, plus valuable manufacturer's rebates
- 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 extra 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 More on Heating Costs with Knochelmann Service Experts
Although natural gas prices are on the rise, there are many ways to reduce your heating bill with our Expert assistance. To get started, call us at 859-905-0834 for an appointment and we'll take a look at 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.