Kiplinger's guide on how to save on utility bills.Electric heaters vs radiators: is it better to spot heat or heat the whole house?.Don't forget to claim the energy efficiency home improvement tax credits from the Inflation Reduction Act of 2022.įor more energy-saving content, check out our home savings hub.Once you have the audit in hand, apply fixes like caulking, weather stripping, insulation, and air filter changes.Consider getting a home energy audit to identify fixes that optimize efficiency and comfort. ![]() Keep your thermostat setting at 68 degrees for the majority of each winter day.If you only use certain rooms in your home, try to use spot heating rather than running your whole home system.No matter your choice, you can also meaningfully lower your heating costs by doing a few important things. In the long run, a well-maintained natural gas boiler system provides the most cost-effective option for the average homeowner across the U.S. And geothermal systems aren't even an option for homeowners without land for an underground trench. While geothermal electric heat pumps can save you money over the most cost-efficient natural gas boilers, they involve hefty installation costs and may not be sufficient to fully heat your home, depending on your region. The most common electric heat systems have higher monthly operating costs compared with the most common natural gas systems, based on the most recent U.S. The Efficiency Maine Trust provides the following cost breakdown for gas heating systems: The EIA report also shows that gas-heating households in the Northeast and Midwest are projected to pay $1,000-$1,100 for the season, based on colder temperatures and higher demand, while homes in the West and South will pay between $700-$800. This forecasted increase comes from both higher expected prices and consumption. The EIA estimates that homes heated by natural gas will spend about $930 this winter, 28% more than they spent last winter. In addition, many homeowners may not be able to use the most efficient geothermal heat pump type, which requires digging a large trench near or under your home, according to the DOE. However, the American Council for an Energy-Efficient Economy reports that heat pumps may not provide enough heat in especially cold northern regions, resulting in a need for alternative fuel sources and higher bills. This type of upgrade saves you on a monthly basis, but you should include sizable upfront installation costs as part of your bill calculations. With a simple design that is easy to configure, these heating units can be direct vented or installed with a flue. More expensive options like geothermal heat pumps can reduce energy use by up to 60%. Gas Radiant We specialize in gas infrared products that provide efficient radiant heating solutions in both high intensity and low intensity configurations. ![]() The most common type, ducted air-source heat pumps, reduces energy use by approximately 50%. Department of Energy (DOE), installing a more energy-efficient electric heat pump can reduce energy usage in your home significantly, compared to traditional electric resistance heating such as furnaces and baseboard heaters.
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