Enroll in your utility’s budget plan
Spreading your energy costs evenly over 12 months can help you maintain your household budget and make planning easier. With a budgeted payment based on your consumption history, you can avoid the shock of a high heating bill after the holidays, when heating demands are highest. If you can’t hedge your fuel costs like this because you use fuel oil, try switching to natural gas. You’ll see an immediate reduction in your heating expenditures, and take advantage of a cool 12 percent increase in efficiency.
Also, home heating and cooling upgrades don’t have to break the bank. MassSave offers a zero percent, seven-year HEAT Loan financing plan that will allow Boston homeowners to upgrade their heating systems on a same-as-cash basis over seven years. Since most home heating systems will last at least twice as long as the loan term, it makes sense to take advantage of these loans (and rebates) to get lower operational costs right now. — Joseph C. Wood, Boston Standard Co.