Nobody likes spending more on bills when seasons change. So let’s do something about it this winter – take the Winter Survival Guide challenge. Following the two steps could help you save hundreds of dollars over time, if not more.Step One: Are you on a Variable or Fixed Rate for natural gas?
Check your Gas South bill to see which rate plan you’re on – Variable or Fixed. Now, let’s determine which rate is best for you.
What’s the Difference?
- Variable Rates do as the name implies – fluctuate every month. What you pay this month could be more than the previous month, because Variable Rate prices are set by demand in the natural gas market.
- Fixed Rates remain unchanged throughout the term of your contract with Gas South – 6, 12 or 18 months.
Why Choose Fixed?
- Using 2014 rate prices, Fixed Rate customers saved 38% on natural gas compared to those on a Variable Rate – an average of more than $300 annually!
- A consistent rate helps you to better manage your household budget.
Why Choose Variable?
- A Variable Rate should be considered if you are only planning to stay at your current residence for less than six months.
- If you don’t like contracts, you would also want to choose a Variable Rate.
Money-Saving Tip: Already on a Fixed Rate plan? Make sure you check when your plan expires. If you don’t renew your Fixed Rate plan in time, you’ll be automatically placed on a Variable Rate which will likely lead to a spike in your gas bill.
Step Two: Energy-Saving Tips to do at Home
The less energy you use, the less you spend on bills – it’s that simple. So if you’ve taken step one, let’s keep moving in the right direction by applying the simple tips that are listed below, which can also have a major impact on your bill.
- Set Your Thermostat to 68 Degrees! For every degree lowered in the 60-to-70-degree heating range, you’ll save 5% on your heating costs. So, just a 2 degree decrease, from 70 to 68 degrees, rounds up to a 10% cut in your energy expenses.
- Seal Ducts! An often overlooked energy-waster is leaking ductwork, which can account for 25 to 30% of heating costs in some homes! If you’re comfortable doing a little DIY, check the tightness of ducts and be sure to plug any visible open spots with insulation material. You can also consider hiring a contractor to do it for you.
- Increase Ceiling Insulation! Want a quick 5 to 25% reduction in heating loss? Look above you – if your ceiling is uninsulated or scantily done so, it’s costing you money. For best results, consider increasing your insulation to up to R-38.
- Plug Door and Outlet Leaks! Check your doors and windows – they could be responsible for up to 10% of your energy costs being wasted. You can fix this by installing weather-stripping or caulk around leaky doors and windows.
For more energy-saving tips, check out Gas South’s guide: www.gas-south.com/PageContents/PDF/EnergySavingTips.pdf
Now that we’ve equipped you with the tools you need to save energy and money, you can rest easy during the coldest months of the year! Good luck and happy saving!