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You can save money on heating oil through a combination of improving home efficiency and smart purchasing strategies.

Home Efficiency and Usage:

• Improve Insulation: Ensure your home, especially the basement and attic, is well-insulated and sealed against drafts to prevent heat leakage.

• Manage Your Thermostat: Use a properly calibrated and programmable thermostat. Lower the temperature by a few degrees, particularly when you are away from home or asleep.

Purchasing Strategies:

• Buy in the Off-Season: Order heating oil during the summer months when prices are generally at their lowest. This strategy is most effective if you have a large primary tank or a separate storage tank to accommodate bulk deliveries.

• Consider a Delivery Contract: Some companies offer contracts with a set price for the term. This can lead to savings if market prices for oil increase, but you might pay more if prices drop.

If you want to have hot water in your home and part of your plumbing system, you'll need a hot water heater. An alternative may be to heat water as you use it, such as by boiling what you need on the stove. But that's much less efficient and takes considerably longer than hooking up a water heater. Another option is to rely on appliances, such as a dishwasher or washing machine, that heat the water themselves.

When winter rolls around, and you turn the heat on for the first time in a year, it’s normal to sense a light odor. This could smell a little like burning because some dust has gathered in the heating unit over the warm months and will fade away shortly after. However, there are some smells you should watch out for and take caution around: an egg-like sulfur smell or an electrical burn odor would indicate there’s something wrong. Turn it off and call a professional for maintenance as soon as possible. 

While you’ll pay more upfront for a brand-new HVAC unit, you can save money in the long run. Here’s how to save on your new HVAC system:

• When purchasing a high-efficiency system, your energy bills will be lower in the future.

• You may be eligible for special offers from your local energy company.

• Depending on the system, you may be eligible for HVAC rebates and tax credits.

• Choose to replace your air conditioning unit and furnace simultaneously to save on labor and installation costs.