Avoid CT Electric Winter Bill Spikes
Eversource and UI electricity supply auctions began last month. Which means later this month these CT utilities will likely announce their new default supply rates for January, 2023 . While we don’t yet know what their Price to Compare rates will be exactly, they’ll probably be higher. So, CT customers will probably have to weather an expensive winter. But don’t wait for the next year’s higher electric rates! Start shaving your electric bill now with these 7 tips.
Save On Your Winter Electric Bill
Earlier this month, Forbes warned about a recession and urged readers to find ways to cut spending. Inflation and volatility in the energy markets is creating expensive situations for most households. And when it comes to New England’s energy supply, the region’s dependency on natural gas is being squeezed by high demand, low supply, and increased global pricing. In fact, National Grid warned MA customers that rates could rise by 64%. So it’s reasonable to expect high energy prices in CT as well.
So by cutting your energy usage this winter, you could make some serious savings! Let’s see where to start.
Set Your Thermostat
Heating is the big budget killer during most winters. But you can save up to 10% a year on energy if you just turn your thermostat down 7-10 degrees for 8 hours a day when you’re away at work or asleep. A programmable thermostat makes this even easier because it does it automatically.
Seal Your Ducts
Your home air ducts circulate air through your furnace system and help maintain comfort. But you could be wasting a lot of money and energy if your ducts aren’t properly sealed or insulated. Inspect your ducts for holes and leaks. Then properly seal them to minimize energy loss.
Seal And Insulate Your Attics
Your attic space also contributes to overall home comfort. Proper insulation does a big job in keeping heat in during the winter and out during the summer. Plus, insulation can provide up to 11% in savings on energy costs per year.
Weatherstripping Windows And Doors
Make sure to inspect your windows and doors for leaks as well. Cracks or poor sealing can let in cold, humid air in the winter. Caulk and seal cracks and gaps, and add proper weatherstripping materials help seal drafts.
Energy-Efficient Window Coverings
Consider energy-efficient window coveringss. They save you up to 10% on heating costs in the winter by limiting heat loss. And during the summer they can prevent up to 20% in solar gained heat.
Replace Old Heating And Cooling Systems
Older heating and cooling systems use up a lot more energy than more modern systems do. If your system is 10-15 years old or older than it may be time to replace them. In fact, ENERGY STAR certified HVAC systems can save you up to 15-20% a year.
Consider Fireplace Heating
If your home has a fireplace, then you might consider firing it up this winter. That way you can cut a huge part of your winter electricity costs. Just be sure to follow these winter fireplace safety tips if you do.
Save On CT Electric Bill
The natural gas market suggests that your electricity rates could rise soon. So now’s the time to save money where we can. You can keep up with the news that affects your bills at https://www.ctenergyratings.com. You can also shop for great plans and find ways to save money on lower electricity rates.