How to Stay Cozy in Winter without Breaking the Bank

When the dreaded cold months of winter arrive, it means many homeowners are put in a difficult conundrum to keep their homes warm without breaking the bank, and staying warm is becoming increasingly expensive.

As USA Today reports, the average cost of home heating is projected to remain at near record levels this winter after increases of an estimated 17.2% last year, according to the National Energy Assistance Directors’ Association. The organization released a report in September finding that the average American household is expected to pay anywhere from $787 to $2,094 in heating costs between October and March.

But resourceful homeowners can find plenty of ways to cut down on costs. Here are some tips from experts on how to stay warm this winter while still reducing your heating bills.

Have your HVAC Inspected

A heating system that’s running efficiently saves money. That means, the pricey cost of paying for a professional to come to your home and inspect your unit (anywhere from $150 to $500, Consumer Reports estimates) can pay off in the long run.

Climate-friendly heat pumps, for instance, can use up to 25% less fuel when they’re well-maintained, according to the U.S. Department of Energy. Inspections include replacing dirty filters and checking for safety issues like carbon monoxide leaks.

Get an energy efficient audit

An energy efficient audit could be a great way for homeowners to find where their homes heating and cooling efficiency is lacking, Narayanamurthy said.

Trained energy assessors can evaluate homes for issues like insufficient insulation or a heating system that might warrant replacement and then develop a plan for homeowners to address issues and lower energy bills.

The Home Performance with Energy Star program, a collaboration between the Department of Energy and and the Environmental Protection Agency, matches consumers in 20 states with reputable home performance contractors for assessments.

Check for tax incentives and rebates

If this all still sounds expensive, Narayanamurthy recommends you consider taking advantage of available rebates and tax credits through the Department of Energy.

Due to the recently approved Inflation Reduction Act, now may be a great time to install energy efficient products and replace heating systems that are 15 years old or older. Funding is available for all kinds of other upgrades as well, from doors, to windows, and to insulation. More information is available at energysaver.gov.

More steps to take to lower your heating costs

Experts offer a variety of other tips that, altogether, could cut down on cold air coming into your home and reduce the workload on your heating unit.

  • Weather-stripping doors and improving insulation helps to keep warm are in and cold air out.
  • Draft air coming in through windows may mean they’re in need of maintenance – or replacement altogether. But before getting new windows, homeowners can try to caulk them to prevent air leaks. If replacements are needed, Consumer Reporters recommends considering low-emissivity (low-e) storm windows, which are coated to help keep the warmth inside.
  • Cold air creeping in at the bottom of doors? A lengthy draft stopper (or even a rolled-up towel) is an inexpensive way seal it off.


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