A natural gas furnace is the most cost-effective way to heat your home, particularly if you live in a cold climate. However, Reuters reports 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 Getting More Expensive?
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 need 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 switch on your heating system and receive utility bills. Here's about how much it will affect the average household during the six-month winter heating season, as compared 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
Schedule furnace maintenance from an HVAC professional before the heating season starts. You'll get more efficiency and it's less expensive than fixing your heating system later on in the year.
This service consists of:
- Testing and cleaning gas burners for correct operation.
- Checking the heat exchanger for cracks to prevent dangerous carbon monoxide leaks.
- Monitoring warm air flow and blower operation to guarantee peak performance.
- Inspecting the gas valve to ensure fuel supply pressure is correct.
- Checking electrical parts for problems.
- 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 chance of breakdowns and may even make your heating system last longer. Plus, many manufacturers require it to keep your valuable warranty applicable. This warranty shields you if a major component, like 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 overlook scheduling your furnace tune-ups. That's why we offer membership programs designed 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 every visit
2. Install a Smart Thermostat
HVAC professionals recommend 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 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 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 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 check with your natural gas supplier before you purchase one.
3. Choose Energy-Efficient Thermostat Settings
Your smart thermostat will handle making 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 recommend 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, 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 seal out cold air.
- Cover drafty windows with plastic sheeting to prevent air leaks. Consider upgrading to 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 collects 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 very good 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 more 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 often free and provides 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 Asleep
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 find the right temperature. Begin with the temperature set at 67 degrees and lowering it by a degree every evening. You might feel cold initially, but you'll probably be surprised how comfy you can be at a cooler temperature. And how much it can impact 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 running and your pipes from freezing. But don't be tempted to crank up your furnace when you get back, instead of switching it back to 68. This won't heat your home up faster. 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 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 every 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 measured in AFUE, or Annual Fuel Utilization Efficiency. Simply put, this rating measures how efficiently your furnace uses fuel for heat.
Newer 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 life. While your exact utility bill reductions 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 indications that it's time to begin considering furnace installation:
- Age. Most furnaces run between 15-20 years with proper maintenance. If yours is close to this age, you should begin 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 more than half the cost of a new system, we suggest getting a new one. This also is applicable if repairs are becoming more frequent.
- Reduced comfort and pricey heating bills. As your furnace ages, it consumes more energy. You'll see this through your home being less comfortable and your heating bill being more expensive.
- Weird noises. It's typical for your furnace to make some sound as it turns on and off. But some noises, especially rattling, banging or screeching, are a clear sign that something's awry. Based on the severity 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 using more fuel and may even be creating carbon monoxide, which can be deadly in large doses. Furnaces leaking this deadly gas should be replaced right away.
We realize that furnace replacement is a big investment. It can also be a surprise that you're not fully prepared for. That's why we have the Service Experts Advantage Program™. This hassle-free subscription program is revolutionizing home comfort by including everything, with no large up-front cost or down payment needed.
For only one reasonable monthly fee, you'll receive:
- A new, high-efficiency furnace, as well as 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 every appointment
- Annual preventive maintenance and energy savings up to 30%**
H2: Save Money on Heating Costs with Fras-Air/General Service Experts
Although natural gas prices are going up, there are lots of ways to reduce your heating bill with our Expert assistance. To begin, call us at 908-448-2154 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.