Lower Your Heating Bill in Five Steps

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Posted on 11/16/2010

Temperatures are dropping. Utility bills are soaring. And your income is holding steady. This is an equation that just doesn’t add up and if you’re like most people, when the holidays roll around you need every penny you can get your hands on. Here are five steps to take to lower your heating bill.


Add Insulation - Improving the insulation in your home can reduce your utility bills by nearly a third. Add insulation to your attic before the end of the year and you may qualify for a federal tax credit equal to 30 percent of the cost up to $1500.


Close Up the Fireplace - It’s kind of ironic, but fireplaces can be a major source of heat loss. Make sure any cracks and leaks are sealed. The damper or flue should be shut tightly when the fireplace isn’t being used. If you don’t already have glass doors covering the opening of your fireplace you may also want to install them to keep warm air from escaping up the chimney.


Lower Your Thermostat - For every degree you lower your thermostat for a full 24-hours you can save up to three percent on your bill. Want to save even more? Adjust your thermostat down by 10 to15 percent for a full eight-hour period each day and you’ll slash your utility bills by ten percent. An easy way to do this is to drop the heat down when you’re asleep. Just snuggle up under another blanket and dream of the money you’ll be saving.


Turn on a Ceiling Fan - We usually think of ceiling fans as a way to stay cool, but a ceiling fan can also help you stay warm. Think back to middle school science class, when you learned that hot air rises. Turning a ceiling fan on in reverse will push that warmer air back down so you can actually enjoy it.


Pick up Some Duct Tape - Your heating ducts could be leaking hot air. Fix the problem by calling in a pro, or try to temporarily lower your heating bill by repairing holes and loose joints with duct tape. Make sure all ducts are securely sealed and you could cut as much as $300 off your heating bill each year.


By Alison Storm


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