In fall 2022, the National Energy Assistance Directors Association warned that heating costs will be the highest in 10 years as households pay nearly 18% more this winter. Between the 2020-21 and 2022-23 winters, home energy costs increased by 36%. What can you do to stay warm and save energy costs?
The National Resources Defense Council advises that you check your home for air leaks:
- Nearly one-third of a home’s heat loss occurs through windows and doors.
- Air can leak through electrical outlets, baseboards, and attic hatches.
- Caulking leaks can save the average household up to $166 per year.
- Weather-stripping windows can save up to $83 per year.
Next, check your energy usage habits:
- Lowering the thermostat by 10 to 15 degrees Fahrenheit for 8 hours at night can save as much as 10 percent on your heating bills.
- A smart thermostat saves about $180 per year in energy costs.
- Just one LED bulb can save you $50 over its lifespan. Multiply that by the average number of light sockets in a home – 40 for a savings of $900.
- A gaming console uses at least 10 times more energy to stream a movie than a Roku box or smart TV app.
Geico.com suggests lowering your water heater from 140 degrees to 120 degrees to save as much as $400 annually. Keeping a fan running clockwise pushes warm air near the ceiling back into the room. And don’t forget to close the fireplace hamper when not in use.