Cold weather is definitely on it's way. According to an article posted for Money Watch by Sara Sargent: "The average U.S. household can expect fuel expenditures to increase $585 versus the October 2007-March 2008 season, according to the Energy Information Administration." Over 8 million American homes are heated by oil and with the cost and quantity of oil being a concern.
5 Tips for Lowering your Winter heating bills:
- Discuss options for participating in a budget plan with your energy supplier. This will help stabilize your monthly payments.
- Before the weather turns cold, get a home energy audit to make sure your furnace and appliances are running as efficiently as possible.
- Weatherize your home: Install the proper insulation in your house and around your hot water heater. Caulking and weatherstripping windows and doors will seal out cold air to help save energy, too.
- Get a programmable thermostat and reduce temperature settings, especially when you're not at home.
- Invest in a new boiler. It might cost $5,000 or $6,000, but with the money you'll save on energy costs, it will pay for itself in three years.
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