5 Quick Tips to Lower Your Heat and Electric Bills This Winter
Don't let utility bills bust your budget. Here's how to save money this season.
One of the most obvious ways to save money in the winter is to lower the thermostat.
Most of the US is into full winter now -- not the brisk chill of early December, but the full-on freeze that always seems to hit at the end of the year. When it's cold outside, it's cozy to crank up the thermostat, but that comfort can come at the cost of high winter heating bills.
While home heating bills in general might be a bit lower this winter than last, there are still months of winter to go, and a few smart decisions now can bring you financial rewards by the time taxes are due in the spring.
Read more: Best Smart Thermostats for December 2024
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Below we explore five ways that you can cut your heating bill all winter long, with tips that range from easy lifestyle adjustments to investing in better equipment. (You can also save on heating costs with this small home upgrade and set your thermostat to this ideal temperature).
1. Turn down the thermostat
We've all likely heard this advice, but it bears repeating since it's the easiest and most direct way to save on energy costs. It might feel nice to keep the home toasty so you don't have to bundle up as much. The US Department of Energy states that you could save as much as 10% annually on heating costs by turning down the thermostat 7 to 10 degrees Fahrenheitfor eight hours per day.
The beautiful part of turning down your thermostat is that you might do it while you're not home during the day so you don't even notice the difference. You might also consider lowering the thermostat at night. According to the Mayo Clinic, sleeping in colder temperatures might even aid in our body's natural temperature drops at night and lead to more restful sleep. You might want to try keeping your house cooler at night, and if you find you don't mind it or even like it, you just found an easy way to save on heating costs this winter.
Today's smart thermostats even make it easier than ever. You simply set a prerecorded schedule for when you'd like the house to drop several degrees and when to rise several degrees. Set the heat to go up a bit before you tend to get up in the morning, and your house will be warm when you need to get out of bed.
2. Go green with renewable energy
Solar handles electricity output, so it might not seem like going solar would affect your heating bills. If you run an entirely electric central heating system, you might not have to pay gas heating bills at all. This is admittedly the most involved tip on the list. You might have to invest in a solar array, a solar battery and even installing central electric heating. That way, you avoid the fluctuating costs of natural gas.
The great part about solar is that the panels can still collect energy for your home even in the winter. They just need some extra TLC, like removing the snow from them in northern climates or insulating batteries. You can learn more about winter solar panel care in our guide.
You might also look into which credits are available in your area for solar and if you qualify, such as the 26% tax credit. Solar panels also have the popular benefit of allowing you to sell surplus energy back to the utility companies if your local utility participates.
If going all solar in your home isn't a time or monetary commitment you can make right now, you might even look for other green ways to save on your overall electric and heating expenses. One easy way is to outfit your camper with portable solar panels. You might even look into small solar gadgets that can take the load off that heating/electric bill, like solar device chargers or a solar water heater kit.
3. Upgrade your equipment
If you're running an old furnace, chances are you're burning more energy than you need to be. According to the US Department of Energy, fuel efficiency ratings on newer high-efficiency heating systems can run from 90 to 98.5%, as opposed to older low-efficiency systems at 56 to 70%. With electricity prices getting more erratic recently, now might be the time to invest.
You might also look into different ways that you can heat your home. We mentioned all-electric systems supported by solar panels above, but there are also heat pumps instead of furnaces. Heat pumps transfer heat from outside, so they tend to be a popular consideration in more temperate climates. You can learn more about heat pumps vs. furnaces in our guide.
4. Six easy tips for managing your home's temperature
Beyond updating your equipment, playing with your thermostat or investing in a renewable energy alternative, you can also make little changes that help with your heating bill. These likely won't overhaul your heating bill like new equipment would, but if you feel every little bit helps, you can try a few options like:
- Open your window shades, curtains or blinds to let the sun in during the day, as that will put less stress on your furnace.
- Even baking or cooking at home is an easy way to heat up your home during the day.
- Put draft stoppers on the doors.
- Winterize your windows with storm windows outside or plastic covering inside.
- Keep your heating vents clear of dust and debris.
- Portable, efficient space heaters can mean turning down the overall temperature but keeping the room you're in warm.
Sometimes little lifestyle habits may leave you surprised about how much you've saved on the energy bill.
5. Check your home for air leaks
An incredibly important part of making sure your home isn't effectively leaking money in the winter is to make sure your home has no air leaks. Call the professionals to check for any air leaks in your home; they'll likely perform a blower door test.
You might also want to insulate and seal your home against energy or heat loss yourself. You can read more about how to insulate and air seal in our guide.
A few final tips to help you save
Since electric costs and heating costs are the same bill for many people, you can even work on reducing your electric consumption to help with that bill overall. Here are several resources to help you save on your electric bill:
- Free and easy tips for saving on your electric bill
- 24 tips for saving on electricity
- Smart devices to help with utility bill costs
- Ways to use weatherstripping around your home
It's also hard to know where to save on your electric bill if you don't know what the biggest energy sinks in your home are. Enter smart plugs with energy monitoring, which helps you read how much energy each device in your home takes and helps you track your energy output.
Down the line, if you should ever move, you may want to make sure the house you're buying is energy efficient. That will help reduce the urge to scream when you open your winter energy bill in the future, as well as other utility bills. This guide shows the different types of systems to keep an eye out for when house hunting. There are obvious signs that the home might be energy efficient, like the giant solar array on the roof. Subtler sustainability signs to watch out for include water harvesting systems, tankless water heaters and reclaimed wood.
More money-saving tips
- Peak and Off-Peak Energy Explainer: Save Money, Find the Cheapest Time to Use Electricity
- How Much Money Can You Actually Save by Turning off Lights Around Your House?
- 27 Practical and Easy Ways to Cut Costs Around Your Home Now
- Try This Easy Ceiling Fan Hack to Save on Money and Energy Bills
- Energy Star Appliances: Can They Really Save You Money?
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