7 tips to save heat and money this winter
Here are a few ideas and tools to keep the cold out of your home and the savings in your wallet.
Last May, we gave you "13 cool tips for lower energy bills." Now that winter is approaching, many of the same tips apply to lowering your heating bill -- like cleaning your air filters and installing insulation. Here are some other quick tips and tools to help you prepare.
Use free online tools. Here's a Web-based tool from the U.S. Department of Energy that can help you save energy. You input your house's specifics and it produces ways you might save. Microsoft Hohm is another site that can help you map out an energy-saving strategy and compare your energy usage to that in similar homes in your area. Post continues after video.
Check out available tax credits before it's too late.
Tax credits are available for certain types of energy-saving home improvements, and they're expiring on Dec. 31.
Visit the Energy Star website to see the details of what qualifies, but below are the basics. The first list includes things that qualify for a tax credit of 30% of the cost, but only up to $1,500. The second lists improvements that qualify for a tax credit of 30% of the cost with no cap.
Qualifying improvements: 30% of the cost, $1,500 cap.
- Biomass stoves.
- Heating, ventilating, air conditioning.
- Insulation.(Note: Tax credit does not include installation costs, but you can do it yourself and get the credit for the materials.)
- Roofs (metal and asphalt).
- Water heaters (non-solar).
- Windows and doors.
Important: Only products that meet certain energy-efficiency qualifications are eligible for the credit. To find ones that qualify, either check the Energy Star website or simply ask the retailers you're dealing with.
Qualifying improvements: 30% of the cost, no cap.
- Solar energy systems.
- Geothermal heat pumps.
- Small wind turbines.
As above, only products that meet certain criteria will qualify. Check the Energy Star website or other sources, like purveyors of these products, for details.
Cost: As much as $200 per tree planted for you, or free if you plant them yourself and your city has a tree program, which many do, from Rochester, N.Y., to West Sacramento, Calif. Call City Hall and find out.
Cost: $200 for the low end and up to $350 for full-color displays with all the bells and whistles. Installing a thermostat isn't rocket science, but if you're not handy you may also have to pay for installation by a professional.
Cost: About $50 from your local hardware store, but see if you can rent one from a local tool-rental store, or at least split the cost with several neighbors.
You can also use the low-tech but time-tested method of finding leaks: Simply hold a burning candle near openings and look for a flicker that reveals movement of air.
- Keep the draperies and shades on your south-facing windows open during the day to allow the sunlight to enter your home and closed at night to reduce the chill you may feel from cold windows.
- Set your thermostat as low as is comfortable when home. Dress for the season: Lounging around your house in shorts during the winter is expensive.
- Lower your thermostat from 72 degrees to 65 degrees when you're not home or in bed. That alone can cut your heating bill by up to 10%.
- Make sure your furnace is properly maintained.
- Check the insulation in your attic, ceilings, exterior and basement walls, floors and crawl spaces to see if it meets the levels recommended for your area.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
CareerCast has released its list of jobs that really aren't as glamorous as they seem.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'