Want to save money in winter? Turn down the heat!

OK, we know it’s cold outside and we know that there are very few people that really, truly like to be cold but the fact is, if you’re keen on saving big bucks this winter, one of the very best, top of the heap ways to do it is to turn down the heat in your home, especially during the day.

The first thing you need to do is take a look at the thermostat in your home and, if you don’t have one that’s programmable, you really should invest in one.  Being able to program the heat rather than turn it up or down willy-nilly all day long is very helpful and will definitely help you save. The US Department of Energy says that for every degree of temperature you reduce the heat you’ll save between 1 and 3 % on your heating bill, an amount that can really add up if you have a big house.

The recommended temperature for any home during the winter is 68 degrees.  If you have the heat higher than this you’re not only being silly you’re wasting money. The fact is, if you really don’t want to be cold you should put on some warmer clothes.  For that matter you can open the curtains and let in the sun, sit in whatever room is getting sun and change seats and rooms as the day changes, and stay upstairs if that’s an option because heat rises and the upstairs will generally be warmer.

Want to save almost 30% on your heating bill this winter?  Turn the temp down to 55 degrees at night (or lower if you can take it) and you’ll save huge amounts of money.  Worried about getting up to a freezing cold house? If you have the programmable thermostat we talked about above you can set it to heat the house in the morning so that when you get up you don’t freeze.

Keep in mind that, contrary to popular belief, it doesn’t actually cost more to heat the house back up after it gets cold.  The ambient heat that the house has will keep it warm even after the heat is off, a savings that will more than make up for the cost to reheat the house in the morning.

Simply put, the best way to save money on your heating bills this winter is to not waste heat.  Bundle up, open the curtains to let the sun and warmth in, tell the kids to run around if they’re cold and by the end of the winter you’ll have saved more than a pretty penny.

2 thoughts on “Want to save money in winter? Turn down the heat!

  1. Pingback: Carnival of Personal Finance #399

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