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 expected to rise significantly during the winter heating season. Learn 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?
Each year, the U.S. Energy Information Administration (EIA) releases a winter fuel outlook. Energy costs have already gone up around the world, according to Reuters. This is due to the fact the demand for energy is now higher than the available supply.
How Higher Natural Gas Prices Will Impact You
Higher natural gas prices will impact you as you turn 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, as compared 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
Compared to other fuel sources, a natural gas heating system is still the most affordable 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 save 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 consists of:
- Evaluating and cleaning gas burners for correct operation.
- Checking the heat exchanger for cracks to prevent dangerous 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 right.
- Checking electrical parts for damage.
- Taking a look at your thermostat to ensure it’s working correctly.
Having your HVAC system maintained each year helps manage energy use, reduces the likelihood of breakdowns and may even make your heating system last longer. Plus, most manufacturers require it to keep your valuable warranty applicable. This warranty protects you if a significant part, like the heat exchanger, fails on your home's heating system during a specific period.
We know you're busy and that it's easy to forget about booking your furnace tune-ups. That's why we provide membership programs created to make your life easier 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 charges—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 each visit
For the greatest comfort, there's Armor+™. This plan offers 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 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 regulate your HVAC system from your smartphone or tablet from bed when you wake up, or just about anyplace in the world. You'll get real-time updates on how much energy you're consuming.
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 adjust 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 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 handle creating an efficient schedule that likely lowers your heating bill, but you'll need to program it for a few days so it can pick up on your temperature preferences. We suggest 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 in check:
- Use 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 upgrading to energy-saving windows later on, such as double pane with insulating gas or triple pane.
- Set ceiling fans to counterclockwise so they can disperse warm air that collects near the ceiling.
- Have an HVAC professional seal heating ducts. This is often done through putting 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 should be.
- Make sure heating vents are open. Shutting off vents in rooms you don't use is a bad idea since it can impact 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 extra 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 usually free and provides valuable advice on how to save money and lower your heating bill. It may help you determine how much insulation you need to add, find air leaks and more.
While You're Sleeping
The National Sleep Foundation says most people sleep best in a cold room. During the winter, that can vary from 60-67 degrees, depending on your personal preferences.
Try testing your thermostat for about a week to choose the right temperature. Begin with the temperature set at 67 degrees and lowering it by a degree every night. You may feel chilly initially, but you'll probably be amazed how comfy you can be at a cooler temperature. And how much it can affect your heating bill!
While You're Gone
If you don't have any pets, you can set your thermostat as low as 50 degrees. This keeps your heating system operating and your pipes from icing. But don't be tempted to crank up your furnace when you get back, instead of setting it back to 68. This won't heat your home up quicker. It'll just drive up your heating bill and result in wear and tear on your furnace.
If you have pets, you can use the Department of Energy’s advice to set your thermostat back 7-10 degrees while you're away. Doing this while you're at the office can save you up to 10% on heating bills each year.
4. Upgrade Your Furnace
Updating your outdated, inefficient heating system is one of the smartest 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.
Modern furnaces have an average AFUE of 95%, while old models only attain around 80%. Getting a new furnace that's 15% more efficient can result in major savings on your heating bills over your furnace's life. While your exact utility bill savings 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 thinking about furnace installation:
- Age. Most furnaces run between 15-20 years with proper maintenance. If yours is near this age, you should start planning for replacement to avoid being without heat when your furnace goes out for good.
- Repair frequency and cost. If your furnace repair bills are greater than half the cost of a new system, we suggest getting a new one. This also applies if repairs are becoming more frequent.
- Reduced comfort and more expensive heating bills. As your furnace ages, it uses more energy. You'll see this through your home being less comfortable and your heating bill being more expensive.
- Unusual noises. It's normal for your furnace to make some noise as it turns on and off. But some noises, particularly rattling, banging or screeching, are an obvious sign that something's wrong. Based on the seriousness 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 consuming more fuel and may even be generating carbon monoxide, which can be dangerous in large doses. Furnaces seeping this deadly gas should be replaced right away.
We realize that furnace replacement is a major investment. It can also be a surprise that you're not completely prepared for. That's why we offer the Service Experts Advantage Program™. This stress-free subscription program is changing home comfort by covering everything, with no big up-front cost or down payment needed.
For just one low 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 added charge*
- 15% discount on air purification products
- Lifetime thermostat warranty
- Home Health™ Report Card and 29-point visual check on every appointment
- Regular preventive maintenance and energy savings up to 30%**
H2: Save Money on Heating Costs with Barlow Service Experts
Although natural gas prices are on the rise, there are countless ways to lower your heating bill with our Expert assistance. To get started, contact us at 801-436-8985 for an appointment and we'll see 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.