Conserving Energy Reduces Heating Costs

- 3:11 pm - December 29th, 2014

Be wary of those who claim converting from oil to gas heat is a sound saving strategy. While oil prices are falling, gas heating costs are on the rise, and according to the Consumer Energy Council of America, “Switching fuels is an expensive gamble and not one that CECA recommends.” So then how can you save energy and reduce your heating bills? For starters, follow these five tips for lowering your energy costs.

  1. If your boiler or furnace is more than 15 years old, consider upgrading to a new, high-efficiency heating system, which could save you up to 40% on your heating costs while making your home more comfortable than ever.
  2. Whether or not an upgrade is in order, make sure you schedule an annual tune-up of your heating and cooling systems. A tune-up can reduce your energy costs by as much as 10% and provides preventive maintenance to help reduce the chance of a system breakdown.
  3. Ask your local Oilheat dealer to perform an energy audit on your home. A home energy audit uncovers heat loss and can show you how to save about $100 per month through energy-saving home improvements such as air sealing and insulation. Rebates and financing are available for these services in many areas.
  4. Lower your water heating costs by investing in an oil-fired water heater, which provides low-cost access to a virtually unlimited supply of hot water. If you already have an oil-fired water heater, turn your water heater thermostat down to 120°F.
  5. Use Advanced Power Strips wherever you have appliances plugged in that aren’t always in use, like toasters, microwaves, televisions and cable boxes. An Advanced Power Strip will block the current so that no energy is wasted and can easily save you around $100 a year.