The average American household spends $1000 each year heating their home. By implementing the suggestions given, you could save 10-25% on your home heating bill.
Here are some of the tips:
1. Reduce thermostat by one degree when you’re home-1-3% savings.
2. Reduce it by 10 degrees while you are sleeping or at work-10-15% savings.
3. Reduce temperature on hot water heater by 20 degrees-6% savings.
4. Put an insulating blanket on hot water heater-4-9% savings.
5. New/proper/adequate home insulation-20% savings
We’ve done all of these things except #3. We had to replace the insulation in our attic, as it was the original (60+ years old) and pretty worthless. My husband did all the removal work himself which was quite laborious, but it saved us $2000. The new insulation cost us about $1500 but it did qualify for the 2010 tax credit. It will take some years for us to recoup that spending, but we had to do it. After one season, we have definitely felt the difference. We are using so much LESS oil and electricity, despite being home more.
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