Money Basics Tips

Winter home utility savings tips

January 7, 2020

Utility bills tend to go up in the winter as we’re spending more time indoors. But you don’t have to freeze in order to manage your utility bills. Check out some easy, cost-savings tips to stay warm without breaking the bank.

Use a programmable thermostat

Let your thermostat do the work; life is busy enough without adding in one more thing to do and remember. A programmable thermostat allows you to set your heating schedule during the week: warmer during the times you’re home and colder for the times you’re away.

Take advantage of sunshine

Sunshine is the original free heat source. Open curtains or blinds on south-facing windows during sunny days to heat your home naturally. Close them at night to insulate your home and keep cold drafts away.

Eliminate drafts

Weatherize your drafty windows with a window insulator kit. They’re easy to install and you can remove them when warmer weather returns. Use weatherstripping or draft stoppers at the bottoms or your doors. You’d be surprised how much cold air comes through even those tiny cracks!

Use your ceiling fans

Change the rotation of your ceiling fans each season to optimize airflow throughout your home. Fans should run counterclockwise in summer to push warm air up and clockwise in winter to push warm air down.

Furnace maintenance

Keeping your furnace running properly can save you a lot of money. Having your furnace inspected or serviced annually has several benefits, from detecting gas or carbon monoxide leaks to ensuring proper air flow. And make sure you change your filter regularly. Their efficiency decreases the more dirt, dust and allergens it traps from the air.

Bundle up

Layer up when you’re inside to save on heating costs. Wear a sweatshirt or sweater over your t-shirt. Wear socks or fuzzy slippers to keep your feet warm. And lay down rugs to warm up cold floors. You can also layer your bedding with cozy blankets to keep you sleeping soundly.

Use a humidifier

It does more than just make the dry air in your home more comfortable. A humidifier can help lower utility costs because humidified air feels warmer, allowing you to lower the thermostat. You get the added benefits of relieving dry skin, hair and reduced risk of illnesses like the flu.

This information is presented for educational purposes only. It is not intended as, nor should it be construed to be, legal, financial or other professional advice. Please consult with your attorney or financial advisor to discuss any legal or financial issues involved with credit decisions.

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