Heating your home costs more than any other energy bill, accounting for about 29% of utility expenses. Learn what you can do to save money without sacrificing warmth. Plus, find out how to protect your wallet from an unexpected furnace breakdown.
8 Ways to Save on Heating Costs
1. Schedule a heating system checkup. Get professional servicing on your heating system to keep it running efficiently, which may save you money. This typically includes replacing dirty filters and checking for leaks.
2. Consider an energy audit. A trained energy assessor can evaluate your home and develop a plan to improve efficiency and lower your bills.
3. Insulate your hot-water system. Place foam sleeves around water pipes in or near exterior walls and cover your water heater with an insulation blanket.
4. Seal window and door leaks. Once you identify where air is leaking into your home, seal these areas with weather stripping or caulking. Temporary plastic window film and door sweeps may also help.
5. Add or replace windows. If caulking isn’t enough to stop leaks, consider storm windows which are coated. Or think about replacing the entire window with a higher energy-rated version.
6. Check attic insulation. If the insulation in your attic looks uneven or thin, you probably need to add more. It’s often best to hire a trained insulator since this can be challenging work.
7. Batten down the basement. Warmth escaping through uninsulated basement walls and windows accounts for up to one-third of heat loss in an average home. Contact a certified professional to insulate and seal this space.
8. Seek out savings and rebates. Ask your utility company about savings opportunities such as paperless billing and price locks. You may also be eligible for rebates by taking steps to reduce your energy use.
Another way to help you stay warm this winter while managing your budget is a home warranty service agreement. This typically covers major systems like HVAC, plumbing, and electrical, and includes appliances, such as refrigerators, ovens, and dishwashers. Coverage varies based on the plan and options you choose.
You may begin requesting service 30 days after you purchase an annual contract. Systems and appliances of any age are eligible as long as they’re in good working order when the coverage term begins.
If you’re interested in a home warranty service agreement, contact your Westwood agent for a no-obligation quote.
Please Note: This article is for general informational and educational purposes only. It does not represent any specific insurance policy and does not modify any provisions, limitations, or exclusions of any current policy.
