5 Means of Energy Assistance To Save Money This Winter

Loving couple watching tv in their winter lodge while lying on the sofa stock photo
andresr / iStock.com

Low temperatures and record-high inflation mean a big increase in home energy bills. In fact, nearly half of U.S. households that heat primarily with natural gas will spend 30% more than they did last winter. The 41% of households using electric heat are expected to spend 6% more, according to the Winter Fuels Outlook 2021 report from the U.S. Energy Information Administration.

Inflation Fighting: The Best (and Worst) Things To Buy Each Month To Save Money
See: How To Beat Inflation at Costco and Other Grocery Stores

However, there are resources available to help with energy assistance this winter.

1. Low Income Home Energy Assistance Program

The Low Income Home Energy Assistance Program (LIHEAP) is offered through the U.S. Department of Health and Human Services (HHS). This program helps keep families safe and healthy by offering help with home energy bills, weatherization and minor energy-related home repairs. 

Make Your Money Work for You

According to Benefits.gov, you may be eligible to participate if you receive Supplemental Nutrition Assistance Program benefits, Supplemental Security Income or if you’re a part of the Temporary Assistance for Needy Families program.

2. Weatherization Assistance Program

The Weatherization Assistance Program (WAP) through the U.S. Department of Energy helps lower energy costs by improving the energy efficiency of households. According to Benefits.gov, this program can help households save an average of $283 a year.

Related: Tide Detergent Among P&G Products Raising Prices Due to Inflation — What Other Necessities Could See Cost Increases?

3. Housing and Public Utilities Category

You can also look through the Housing and Public Utilities category of benefits on Benefits.gov and filter by state or another subcategory. 

4. Benefit Finder

Benefits.gov also has a Benefit Finder questionnaire to help find government assistance that you may be eligible to receive. When filling out the questionnaire, you’ll answer questions about your current situation. The Benefit Finder will give your results and provide you with the next steps to apply for benefits.

Make Your Money Work for You

Learn: Unplug These Appliances That Hike Up Your Electricity Bill
Find: U.S. Employers Plan To Hike Pay by 3.4% in 2022 — Will It Be Enough To Offset Inflation?

5. Cost-Effective Energy Tips

You can also take steps at home to reduce your household’s energy costs. Here are a few tips from the U.S Department of Energy:

  • Lower the temperature in your home while you’re away. Lowering your thermostat 7 to 10 degrees for at least 8 hours can reduce your heating costs by 10% per year. 
  • Reduce your usage of hot water.
  • Check heating ducts and vents for any air leaks. A leak causes your heating system to work harder and costs you more in the long run. 

More From GOBankingRates

About the Author

Josephine Nesbit is a freelance writer specializing in real estate and personal finance. She grew up in New England but is now based out of Ohio where she attended The Ohio State University and lives with her two toddlers and fiancé. Her work has appeared in print and online publications such as Fox Business and Scotsman Guide.

Best Bank Accounts of May 2022

Untitled design (1)
Close popup The GBR Closer icon

Sending you timely financial stories that you can bank on.

Sign up for our daily newsletter for the latest financial news and trending topics.

Loading...
Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.