Will an Ohio Cold Snap Come?
Even for homes getting the cheapest electricity rates, winter is the most expensive time of the year. Furnace run times and the high price of natural gas, can lead to some of the worst Ohio energy bills of the year. Let’s not forget that a variety of factors may lead to this winter being colder than last year. That’s why it’s important for Ohio homes to get ready for a possible cold snap. Let’s talk about how you can weatherize your home, so you don’t waste energy and lose money.
How Likely Is Ohio Cold Snap?
NOAA predicted close to 57% odds that a La Nina could form. If this happens, it would lead to more snow in the state. As a result, more homes would need heat to keep warm and comfy. This would then lead to higher-than-predicted natural gas demand and higher prices.
Despite this, EIA predictions hold that this year’s energy prices should be close to the same as last year. While the north will likely be colder, there is plenty of natural gas in storage. However, we don’t know how cold things will get. Plus, cold snaps are growing more common. Each year, there is a chance that the Polar Vortex could destabilize, usually in late December or early January. If it does, then it would bring extended periods of intense cold. At more than a month out, it’s hard to predict with real certainty. So it’s smart to plan ahead and prepare for the worst, while we hope for the best.
Ohio Home Weatherization
The first thing you’ll want to look into, is weatherizing your home. Weatherizing projects help you save money, by reducing your home’s energy loss. They can make your home more comfortable all year round and help you save more on Ohio natural gas prices.
To start, give your home an energy assessment to seal air leaks. You can do this yourself for doors, windows, and accessible pipes with caulk or expanding foam. Be sure to call your utility or energy company to see if they offer free or discounted professional assessments. Once you’re done, you’ll likely know where to start, to keep your home nice and sealed.
Did you know that heat loss through old, inefficient windows is responsible for about 25%-30% of home energy loss? You can limit this loss by replacing your windows with energy efficient options. In fact, estimates show that you could save anywhere from $100-$583 per year if you replace all your windows.
DIY Ohio Energy Savings
You can also save money by making time for these DIY energy saving projects.
For example, insulating your water heater tank can save you 7%-18% on your bills per year. You would just need a tape measure, marker, scissors, gloves and a duct mask, electrical tape, someone to help you, and a water heater insulating blanket kit. This would cost about $30, but your local utility may offer discounted kits or rebates.
Lastly, be sure to check out these quick 10 energy saving tips.
Get Ready for the Coming Cold
It’s too early to predict for sure when Ohio will face a cold snap this winter. However, that uncertainty is more than enough of a reason to get ready. Weatherize your home and start saving energy today so you can keep more of your money.
You can also find savings by shopping for the best electricity rates at https://www.ohenergyratings.com. We also keep you up to date with news and tips that could affect your bills.