Time to start saving for winter heating bills

Winter is still months away, but now may be a good time for residents to start saving up for their heating bills. With all the hot weather the Bronx has been seeing, it?s easy to push thoughts of winter

News 12 Staff

Jul 28, 2008, 10:52 PM

Updated 5,829 days ago

Share:

Winter is still months away, but now may be a good time for residents to start saving up for their heating bills.
With all the hot weather the Bronx has been seeing, it?s easy to push thoughts of winter heating prices aside. However, experts from Schildwacther Oil Companies say this year?s heating costs will cost 50 percent more than they did last year ? about a $2,000 increase for a one-family home.
There are some things residents can do to soften the blow higher prices will bring. One way is to work with the oil company to negotiate a price cap. Another is to enroll in a payment plan, where the estimated payments will be split up to make budgeting easier.
Residents can also enroll in a fixed price plan, but Schildwacther experts don?t advise this ? if oil prices fall, people with fixed pricing plans could get stuck paying more than necessary. ?A fixed price of $4.70 may seem good today but you?re not going to be happy in January if it?s at $3.50,? home heating expert Mark Schildwachter says.
Bronx residents can also save energy by cleaning their furnace filter once a month, installing a programmable thermostat and setting the thermostat temperature. Winterizing a home helps too ? blocking drafts will keep warm air inside.
People who use natural gas won?t be catching a break either. Even though it?s usually cheaper than oil, natural gas prices will also double in price this winter.


More from News 12
0:23
Trump is injured but 'fine' after apparent assassination attempt leaves rally-goer and gunman dead

Trump is injured but 'fine' after apparent assassination attempt leaves rally-goer and gunman dead

1:17
HEAT ALERT: Partly cloudy skies, humidity and isolated showers in New Jersey

HEAT ALERT: Partly cloudy skies, humidity and isolated showers in New Jersey

1:36
Security increased at Trump Tower following rally shooting

Security increased at Trump Tower following rally shooting

2:27
Political analyst weighs in on gun violence in wake of Trump rally shooting

Political analyst weighs in on gun violence in wake of Trump rally shooting

1:29
Expert: Security will be a high level concern at presidential events in wake of Trump rally shooting

Expert: Security will be a high level concern at presidential events in wake of Trump rally shooting

2:03
Poll: More than 40% of women skip or delay medical screenings and appointments

Poll: More than 40% of women skip or delay medical screenings and appointments

0:28
Authorities: 2 people seriously injured in Cherry Hill crash

Authorities: 2 people seriously injured in Cherry Hill crash

0:12
Authorities: Car crashes through home in Plainfield

Authorities: Car crashes through home in Plainfield

1:34
Political analyst: Shooting at Trump rally will bring changes to 2024 Presidential Election

Political analyst: Shooting at Trump rally will bring changes to 2024 Presidential Election

1:36
Official: 2 children, adult killed in West Orange house fire

Official: 2 children, adult killed in West Orange house fire

0:37
Police: Missing Connecticut teenager located in New Jersey

Police: Missing Connecticut teenager located in New Jersey

0:18
Hillsborough police: Man burned in homemade firework explosion

Hillsborough police: Man burned in homemade firework explosion

0:46
Police: Shooting, 2 stabbings reported within 6 hours earlier this week in Atlantic City

Police: Shooting, 2 stabbings reported within 6 hours earlier this week in Atlantic City

0:21
Prosecutor: East Hanover man sentenced to 15 years in prison for killing wife

Prosecutor: East Hanover man sentenced to 15 years in prison for killing wife

1:57
Stop & Shop to close 10 ‘underperforming’ locations across New Jersey

Stop & Shop to close 10 ‘underperforming’ locations across New Jersey

1:45
Police: Driver faces charges for striking man in hit-and-run road rage incident in Fair Lawn

Police: Driver faces charges for striking man in hit-and-run road rage incident in Fair Lawn

1:52
AT&T security breach hits nearly all cellular customers and landline accounts

AT&T security breach hits nearly all cellular customers and landline accounts

1:16
Prosecutor: Bergen County pastor charged with 21 counts of sexual offenses against teen

Prosecutor: Bergen County pastor charged with 21 counts of sexual offenses against teen

3:06
Jury ends first day of deliberations in Sen. Bob Menendez's corruption trial without a verdict

Jury ends first day of deliberations in Sen. Bob Menendez's corruption trial without a verdict

0:33
Jersey Proud: Jamesburg police ‘ticket’ children performing good deeds

Jersey Proud: Jamesburg police ‘ticket’ children performing good deeds