Follow These Expert Home Heating Tips To Save Money as Gas Prices Go Up This Winter

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Get ready — winter is coming, and so are those big gas bills to heat your home. According to the latest data in the Consumer Price Index for August 2022, the cost of natural piped gas is on the rise — 3.5% higher than the month prior and a drastic 33% higher than 12 months prior.

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All of that means heating bills for winter 2022-2023 could jump by a large percentage this season — analysts at the New York Times project 20% more, in fact. They also noted that natural gas is the most common way Americans heat their homes and the supply of the utility has been hampered by the ongoing war in Ukraine. The country’s invasion by Russia has cut down on global reserves, which has sent prices surging for pumped heating fuel, much as the conflict has done for gasoline costs this year.

The newspaper spoke with Mark Wolfe, executive director of the National Energy Assistance Directors’ Association, who claimed natural gas prices are skyrocketing even more than current rates of inflation. Adding to the problem is the fact that two government programs that assisted families with large utility bills during the pandemic — the Home Energy Assistance Program and the American Rescue Plan — are depleted this year unless Congress chooses to step in.

There are things you can do, however, to help bring down the costs of your heating bill this winter, said Anthony Carrino, Trane Residential partner and a 25-year expert in the world of construction and home design. Speaking with GOBankingRates, Carrino says there are a few ways to upkeep your HVAC system that will help it run more efficiently and bring down the heating bill in the process.

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1. Regular Maintenance (and Timing)

First and foremost, he advises, maintenance is key. And it should be done on a yearly basis. “Think of it like going for regular checkups at the doctor rather than waiting for the time when you need heart surgery, and only finding that out after having a heart attack,” Carrino illustrated.

And timing is key, he added. “The middle of summer is the worst time to have air conditioning serviced and the middle of winter is the worst time to have heating serviced. So I’m always looking at the shoulder seasons, meaning the fall right now, as the time to get your heating system looked at.”

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This not only ensures your system is running properly and efficiently (which ultimately saves on your gas bill), avoids back order issues if you need replacement parts, as well as prevents emergency services and having to pay up to four times the standard service fee. “Doing maintenance and also replacing things when HVAC techs are not in the highest of demand will save your pocket,” said Carrino. 

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2. Replace HVAC Filters as Necessary

A simple thing you can do yourself at home is change your HVAC filters. “I’ve been harping on this tip for 10 years and will never stop,” Carrino highlighted. “It’s something you can do yourself and takes a maximum of five minutes. […] The idea is that the more you replace that filter, the more efficiently your system runs. If you have a clogged filter, your system is working two to four times as hard to suck the same amount of air through the same filter in order to condition it for your home.”

Carrino shared that the best way to do this is by pulling out the existing filter to see the size you need for a replacement. You can find them typically in front of a return air vent versus the register (the actual mechanism that pushes the hot or cold air into a room). Carrino advised it’s best to change out the filter every 30-45 days if you live in a home with smokers, pets, asthmatics or anyone with bad allergies; if you don’t have any of those conditions in the home, once a season is fine.

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3. Install Smart Thermostat

It was also recommended to keep heating bills low with the aid of a smart thermostat. If you don’t have one yet, they are relatively easy to install (or affordable to do with a technician) and can save some real cash. “Given how pervasive they are in the industry now, there’s no reason you shouldn’t be using one of them,” Carrino pointed out.

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Many smart thermostats work off an app, so you can change settings on your phone when you are out and about, which is certainly ideal for setting up a daily schedule. “If you know you’re out of the house from 8 am to 5 pm, for example, there’s no reason to keep your heat or air conditioning at that super comfortable level,” advised Carrino. “Even a couple degree change in the thermostat setting for a few hours is going to be reflected in your energy bill, so I strongly recommend this option.”

4. Consider Alternative Heating System Options

If you really want to save big on your heating bill, Carrino pointed to replacing your entire HVAC system to something more modern, called a dual fuel unit, a technology that Trane has developed. It works similar to a hybrid car concept where you get the benefits of both an electric, air-sourced heat pump and a gas furnace.

“Electric heat pumps run very efficiently so long as your outdoor air temperature is 40 degrees or above. Once you get under the 40-degree mark, it starts to get more costly to run the electric heat because the system has to work harder to get the air temperature to where you want it to be,” Carrino noted, adding, “The dual fuel system is able to utilize the electric part of the heat pump and produce heat for your home at a really efficient rate and then, as it dips into the colder temps as we get into later November through February, it will in fact start to utilize gas. So it’s a system that is smart enough to know which is the most economical fuel to use at a given time.”

Though the cost would be more of an upfront investment to install a new system, it could be worth it in the long run and may be part of Biden’s Inflation Reduction Act rebates that reward homeowners for making energy-efficient modifications to their homes. The guidelines for the program are still being developed, but Carrino thinks there’s a good chance dual fuel systems are part of it considering their high energy efficiency rating.

Besides getting a new HVAC system, scheduling regular maintenance, changing filters and upgrading to a smart thermostat are good practices to get started on now before winter hits and as the devastating ongoing conflicts in Europe trickle down closer to home.

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“So long as that fuel supply remains constrained and we have to fight to open up reserve energy stores we have here, prices will likely stay on the higher end,” Carrino surmised, adding of his expert tips, “These are nominal dollars to pay to find out about a problem before it’s a catastrophe and it will help you to keep the HVAC system running super efficiently.”

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About the Author

Selena Fragassi joined GOBankingRates.com in 2022, adding to her 15 years in journalism with bylines in Spin, Paste, Nylon, Popmatters, The A.V. Club, Loudwire, Chicago Sun-Times, Chicago Tribune, Chicago Magazine and others. She currently resides in Chicago with her rescue pets and is working on a debut historical fiction novel about WWII. She holds a degree in fiction writing from Columbia College Chicago.
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