ANSWERS: 1
  • <h4 class="dechead">On One Hand: Varies by Size

    The amount of oil you will need to heat your home depends on the size of both your home and family. Bigger houses will need more oil, especially with more people using hot water, washing their laundry or cooking. According to the Energy Information Administration, the average family uses 800 to 900 gallons of heating oil per year.

    On the Other: Try to Conserve

    Oil prices can spike during periods of high demand, so families should consider ways to save energy and reduce their bill during the cold season. A home energy audit can ensure that the home furnace and appliances are running correctly. Also make sure windows and doors are properly insulated, both through caulking and weather-stripping. Even a programmable thermostat can regulate the heating in the home and save energy when the house is not in use.

    Bottom Line

    Most families will use 800 to 900 gallons of heating oil per year, although conservation and energy management can reduce usage and lead to a lower bill. Taking basic steps around the home to save energy and insulate your home can protect you against spikes in price and make heating your home more affordable.

    Source:

    Energy Information Administration Short Term Outlook

    EIA tips for conservation

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