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Insights on money, career and trading

3 Tips for Reducing Your Heating and Cooling Costs

Posted on July 3, 2018 by Daniel at 11:03 pm

Depending on where in the world you live, you might have very extreme weather that you’re always trying to escape from while in your home. For people in this type of situation, this likely also means that you have a few months out of the year where your heating or cooling bills skyrocket. Even with planning for this, these months can have a big impact on your overall budget. So to help you financially make it through these more challenging months, here are three tips that just might help you reduce your heating and cooling costs this year.

Close The Gaps Around Doors

When you’ve spent the time and money to heat or cool your home, the last thing you want to have happen is for all that air to escape from your home. But if you have space around your doors or windows, this is exactly what’s going to happen to you. And if it does, you’ll end up spending more money than you should be heating or cooling more air than you should be. To keep this from happening to you, Brett Martin, a contributor to Popular Mechanics, recommends that you close these gaps either by adjusting the threshold so that there’s less space around the door or by adding things like weather stripping to minimize the space there is between your home and the door that leads outside.

Consider A Programmable Thermostat

Another thing that can end up costing you a lot of money is if you’re always playing around the temperature you’ve set for your house. To eliminate the need for this, you may want to consider getting a programmable thermostat that can keep track of the temperature for you. With these devices, Arianne Large, a contributor to Angie’s List, shares that you can use these smart thermostats to turn up the heat or cooling when necessary and turn it back down when it’s not needed. While it might cost a bit up front, using this type of thermostat can save you a lot when it comes to both energy consumption and your energy bills.

Upgrade Your Appliances

To reduce your energy bills during this time, Charlene Oldham, a contributor to Time Money, recommends that you’re also careful with your appliances. If you’ve had them for a while, considering upgrading to ones that will use less energy. And if you’re trying to keep your home cool, make sure you’re using appliances that produce their own heat during the cooler times of the day so you’re not having to overuse your air conditioning. You can also adjust things like your hot water heater depending on the time of year to save yourself some money as well.

If you’re hoping to keep yourself comfortable all year without having to spend a fortune to do it, consider using the tips mentioned above to help you do just that.

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Insights on money, career and trading