Heating Fuel Prices Set To Soar This Winter

You might need to budget for higher heating costs—there’s another high gas price lurking to strike this winter.

| July 2008 Web

With it getting so hot, you might be searching for any excuse to daydream about the cooler winter months. Here’s a really good reason why this winter should be on your mind.

Prices for propane, natural gas and heating-oil have seen a 30 to 100 percent increase from last year. The Wall Street Journal reports that natural gas users may see a 30- to 50- percent cost increase, and heating oil users may see a 50 to 100 percent increase next winter.

Here are some tips to help you proactively combat a price crunch this winter:

Winterize your house: Weather-strip the windows or replace inefficient windows. Seal up any gaps in your home that allow drafts.

Talk to your gas utility company: Gas companies usually have a payment plan that will spread the cost over the whole year and lock you in at a good rate. Consider having your tank topped off when the prices are lower.

Consider alternatives: Wood burning and pellet stoves are excellent home-heating options that are more sustainable than gas or electric.

4/10/2014 10:07:49 AM

Gas and electric bills have been on a steady rise for over a decade now with an increase in fossil fuel costs considerably higher than the rate of inflation, and people have been constantly coming up with new ways to become more energy efficient such as maximising the insulation of the property and using a radiant heat source such as http://www.underfloorheatingsystems.co.uk instead of conventional central heating. I recently switched to a system and have considerably reduced my annual spend on heating bills.

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