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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.

The number one culprit of high energy bills is older appliances, especially fridges and freezers that are left on all the time. These two appliances tend to last a long time, which is good, but it also means that newer models are usually significantly more energy-efficient due to upgraded technology. The second most common reason for a high bill is heating and air conditioning.

Not all homes are suited for solar panel systems. Older roofs or those in poor condition may need repairs or replacement before solar panels can be installed. Some other factors to consider are the amount of sunlight your roof receives, the roof’s orientation and pitch, and any shading from nearby trees or buildings.

Leaving lights on raises the electric bill, but not as much as having high-wattage light bulbs. The best way to save on electric costs is to swap your light bulbs to LED or CFL bulbs that use far fewer watts. You can also use smart lights and light switches to control usage via a smartphone or voice-controlled device.