How to save money on your heating bills in winter| Local News

Apartments with radiators may consider heat “reflectors”, foils or sheets of metal that sit behind the radiator and direct heat away from the wall and into the room.

When should I consider replacing my heating system?

Heating systems typically last around 12 to 20 years, depending on the type. But people often wait for systems to fail before replacing them, Anderson said. If yours is past its prime, you might want to request quotes for a replacement now. The cost will likely be higher if the unit breaks down during the winter and needs to be replaced urgently. Upgrading to a more efficient heating system can save up to 20% on energy costs, according to Energy Star.

According to HomeAdvisor, a contractor matchmaker service, a furnace replacement costs about $ 2,700 to $ 6,400 – more if you choose a high-efficiency model or if your ductwork needs repair.

“You’ll have to spend money up front, but you’ll save money for a long time,” said David Nemtzow, director of the Energy Department’s office of building technologies.

You may be able to pay for the upgrade through an “energy efficient mortgage” by including the cost in refinancing your home, said Steve Baden, executive director of the Residential Energy Services Network, or RESNET, which sets the standards and promotes the energy efficiency benefits of homes, focusing on new construction. Borrowers can often obtain better financing terms because lenders consider the value of savings on utilities. Details are available from Energy Star and Fannie Mae.

Tax credits are also available if you opt for a more efficient heating system or water heater.

At the very least, have your heating system inspected to make sure it is working well before the cold weather arrives. A professional will check the electrical connections, oil all moving parts, and perhaps change the filter (which you should do at least every four months, professionals say). “It’s worth getting a tune-up,” Mr. Anderson said.

What other actions can I take?

Do you remember the advice your father gave you when you were young? “Put on a sweater! Or, as a video from the Department of Energy advises, “Take a blanket. Invest in a new set of slippers. Make yourself a cup of tea. Depending on the ministry, it may take a while for your body to adjust, but you’ll appreciate the savings on your heating bill.