Tips to Save on Heating Costs

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As outside temperatures fall, indoor temps and heating costs go up! And this winter may come at a higher cost. In fact, while fueling up at the gas station, you’ve seen the impact of our 6.8% inflation rate first-hand. U.S. households on natural gas heat are expected to pay 25% more than last year. With that in mind, let’s look at some easy habit changes that will benefit our budgets and our environment.

  1. Add rugs to your floors to help insulate rooms. Dress in layers, warm sweaters and socks. Use flannel sheets and more blankets at night.
  2. Clean or change air filters. Debris is unclean for breathing and will impede warm air circulation. 
  3. Lower the thermostat by 7-10 degrees when everyone is out for the day. Use a thermostat that automatically adjusts according to your schedule. 
  4. Have a pro inspect and tune up your furnace. The cost can be well worth the savings since old furnaces can work at just 60 to 70% efficiency.
  5. Contact your utility company for a free home check-up. Service or upgrade costs may be offsettable by federal tax credits and/or utility rebates
  6. Check windows for leaks. Detect them by lighting a candle and watching if it blows in a certain direction. If you find any, seal them up with caulking, foam insulation or plastic insulation sheets.
  7. Open the shades during sunlight hours and close at night to retain the heat.
  8. Use heaters to warm up isolated areas instead of turning on entire heating zones if all the space is not in use. Also, close vents in rooms not being used to avoid unnecessary output.
  9. Switch to LED light bulbs. They use about 75 percent less energy and last about 25 times longer than incandescent bulbs. Though the initial cost is higher, it pays off over time. 
  10. Reduce your water heater temperature to 120 degrees, which is safer for skin and easier on heating costs.

Questions? Want more information on Freedom? Contact your personal Freedom Federal Credit Union representative, Patrice Ricciardi at pricciardi@freedomfcu.org or call 410-612-2135!

About Freedom Federal Credit Union

Freedom Federal Credit Union is proud to be your financial partner. Freedom serves and is open to anyone who lives, works, worships, attends school, volunteers, or has family in Harford or Baltimore County, MD. As a credit union, we are committed to putting you first, not shareholders, and helping you achieve your financial goals.

Learn more at freedomfcu.org or call 410-612-2135 to see how we can help. 

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