Seven Tips for Saving on Home Heating Oil Costs

No matter how your home is heated, energy costs always seem to be rising. Fortunately, there are ways that you can cut costs without freezing when the weather turns cold. Here are seven tips for saving on home heating oil.

Insulate Your Home

If you have an older home, it may not be insulated well, which can allow cold air to seep into the house and lower the temperature. Check the attic, basement, and walls for insulation and install it where there isn’t any. By insulating your home, you can prevent losing up to 60% of the warm air from the heating system.

Purchase Oil Early

During the winter, heating oil costs usually increase because it is in high demand. One way to save money is to purchase as much oil as you can in the early fall from heating oil suppliers in Cheltenham. Along with buying oil at a lower price, you can save more when you buy more as the cost for delivery is lower for larger orders.

Turn Thermostat Down

Reducing the temperature in your home can help save money on heating oil costs because your boiler won’t use as much. However, you don’t have to bundle up in jumpers or coats to stay warm during the winter. By turning the thermostat down by only 1ºC, you can save up to 10% per year on the fuel bill.

Have Boiler Serviced

An older boiler that hasn’t been serviced can end up costing much more to operate then one that has been well maintained. Ideally, boilers should be serviced every year and if it has been some time since yours has been serviced or if it has been set up incorrectly, it may be running at too high of a temperature, which uses more oil. By having it serviced and checked, it will run better, use less fuel and help you save money during the winter.

Avoid Debit Payments

While it can be convenient to use direct debit for your heating oil bill, you can end up spending more money. It can prevent you from shopping around for the least expensive oil supplier since you’re already committed to debiting your account. However, by paying for an oil shipment in advance, you will usually save money over the long run.

Use an Additive

There are additives that you can add to the tank of your boiler to improve its efficiency. Additives also prevent sludge buildup and reduce breakdowns, rust, and debris. One bottle of additive will usually treat up to 1,400 litres of oil.

Protect Tank

Oil thefts usually increase during the winter so you will want to add security devices around the tank. Add a lock to the tank and consider installing lights that turn on when motion is detected. However, make sure that they are set so not every creature will set them off; otherwise, every stray cat in the neighbourhood can trigger them.

By following these tips, you can save on home heating oil costs and still be cosy in your home during the winter.

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