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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.

Energy-efficient windows are judged on their performance according to a few different factors, including heat transfer, air leakage, light transference, and condensation resistance. If you're unsure whether a window is energy-efficient, look for an ENERGY STAR® label from the U.S. Environmental Protection Agency (EPA). If various products, including windows, meet energy-efficiency standards set by the federal government, the EPA issues this label to help consumers identify energy-efficient products.

Energy-efficient windows cost more than other window types, but they can help you save on your monthly energy bills, get you some breaks on your taxes, and even increase the value of your home. According to Michael S. Regan, Administrator of the U.S. Environmental Protection Agency, when people invest in green upgrades like energy-efficient windows, they save energy, money, and more.

Fireplaces can theoretically help you save on heating bills if you lower the temperature throughout the rest of your home and heat only a single room that you occupy using the fireplace. However, in most cases, homeowners won’t save any money on heating bills. Gas and electric fireplace inserts could actually lead to a spike in your respective energy bills if you use them frequently, and if you don’t keep up with chimney maintenance and repairs, your traditional masonry fireplace could actually be a source of heat loss in the winter.