10 Ways to Save Money on Heating Oil

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Living along the Jersey Shore area comes with two undeniable truths: frigid temperatures and steep heating expenses. Local residents rely on their furnaces and boilers to stay warm and comfortable during the chilly winter season. While turning off the heating system is not an option, there are several ways to cut down on heating oil costs without compromising comfort and safety. This discussion will tackle several strategies to help you lower your heating expenses. 

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10 Ways to Save Money on Oil Heating Costs

Here are ten valuable tips for cutting your heating oil costs and reducing your energy bills:

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1. Use a Smart Oil Gauge

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You need accurate data to make smart decisions. Whether it is in business or for your home heating needs, understanding the numbers is crucial. A smart oil gauge can measure your heating system’s consumption rate on an hourly, daily, weekly, monthly, and yearly basis. This automated monitoring streamlines the management of your oil tank. It provides real-time information about the tank’s status, indicating whether it is running low or nearly full. Armed with this data, you can implement fuel-saving strategies and see immediate results.

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2. Install a Programmable Thermostat

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Every household operates on its own schedule. Some are bustling in the early morning rush as the family prepares for work and school. Others experience the most activity during lunch or dinner gatherings. Heating requirements fluctuate accordingly. A programmable thermostat empowers homeowners to schedule the system to activate or deactivate at precise times throughout the day. This will align with established routines. It also allows for temperature adjustment, ultimately enhancing the heating system’s efficiency.

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3. Replace the Air Filters Regularly

Maintaining your heating system diligently is crucial in preventing most issues and maintaining optimal performance. Regularly clean the area around the furnace and oil tank. Take this opportunity to inspect for any leaks, signs of rust, or other irregularities. Follow the manufacturer’s guidelines and frequently replace air filters every month to a few months or more if you notice a significant dirt buildup on the surface. 

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4. Get a Professional HVAC Tune-up

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Heating systems consist of intricate components that work together to provide warmth in homes. Any of these components can malfunction. Professionals have the expertise to detect problems before they disrupt the heating process. They can assess electrical connections, clean the system’s interior, and replace worn-out parts. Schedule an annual comprehensive tune-up. Do this during the fall when temperatures are milder and you can afford to turn off the furnace for an extended period temporarily.

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5. Seal Perimeter Openings

The doors and windows of your home can permit cold outdoor air to infiltrate through tiny openings. Even when closed, these gaps may still exist. Run your hand along the sides to detect drafts that keep the indoor air chilly. Drafts can cause the heating system to exert effort to reach the desired thermostat settings. Sealing these gaps with caulking and weatherstripping can significantly reduce your heating oil consumption.

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6. Improve Insulation

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Assess your insulation. Check if it is effectively retaining warmth. If not, your home can benefit from enhanced insulation to ward off the cold. In cases where the current insulation is compromised due to moisture or pest damage, it may be necessary to replace it with fresh insulation. The updated insulation will impede heat transfer, maintaining a warmer interior for extended periods. Your furnace won’t need to operate as vigorously, resulting in reduced oil consumption. The energy savings will eventually offset the high cost of the insulation.

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7. Exclude Unoccupies Spaces

For larger homes, there are often rooms that go unused for extended periods, like guest rooms or storage spaces. You can close the vents leading to these areas to reduce the system load. This will prevent them from receiving heated air until the vents are reopened. This can lead to decreased oil consumption by the furnace or boiler.

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8. Purchase Heating Oil During the Summer

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Commodity prices are known to vary in response to shifts in supply and demand. Prices often decrease when there is an abundant supply and reduced demand for specific products. For instance, heating oil is in high demand during the winter months. During the summer, fewer people require it as warm weather naturally provides warmth and comfort. Oil suppliers frequently lower prices to attract customers. This presents an opportunity for you to contact them for a new fuel oil delivery and take advantage of the cost savings by replenishing your oil tank. 

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9. Avoid Special Deliveries

A full heating oil tank does not always guarantee enough supply throughout the entire winter season. Some tanks can run low or empty while the cold weather persists. You will then need a mid-season refill. Whenever possible, schedule oil deliveries during regular business hours to save on oil heating costs. Emergency deliveries during nighttime, weekends, or holidays often incur higher charges. Companies must compensate their workers for the inconvenience. It is best to reserve such deliveries for genuine emergencies when you have completely run out of fuel. Schedule a refill when your tank reaches approximately 30% full to prevent emergencies. 

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10. Limit Bathroom Fan Use

Bathroom fans enhance air circulation, manage moisture, and eliminate odors. However, they can contribute to heat loss in your home by rapidly expelling indoor air. Use them accordingly and avoid leaving them on longer than needed. Some fans have built-in timers that automatically shut off after a set duration. Experiment with the timer settings. Aim to reduce the fan’s operating time while still achieving satisfactory results.

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You can lower your heating expenses by making simple adjustments in your household. Alter your daily routines, undertake home enhancements, and incorporate smart devices into your heating system. These changes do not require much time, money, or effort, yet they can substantially reduce your heating oil consumption. You don’t need to do everything on your own. Hire HVAC experts for cost-effective yearly maintenance checks. They can assist you with persistent problems and offer valuable heating tips.

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Lawes Company offers trusted and affordable heating oil deliveries. We are known for our honest heating oil prices and skilled services. Not only that, but we also offer HVAC services which also impact how much fuel your system requires to keep your home warm and safe.

We offer different heating oil plans and financing options as a way to customize your fuel deliveries to meet your needs. Be sure to contact Lawes Company today to ask for more information or request service.

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