Save Big On Sky-Rocketing Heating Bills

Find out how to lower your heating bills during the cold winter months.

Jan. 18, 2008— -- The average household in America will be paying approximately $1900 on their energy bill this year. That's a couple of hundred dollars more than last year, thanks to record-high prices for heating oil.

"Good Morning America" contributor Wendy Bounds took us into her home to show us quick and easy ways to save money.

"The first step toward savings on energy in your home is to conduct an energy audit," Bounds advises. "And for long term savings, it pays to calls in some pros."

With an infrared camera an expert can identify all the areas in your house where you are losing heat. Once you know your weakest spots, you can come up with a plan whereby you can improve the performance of the home and save lots of money.

Get more tips on energy savings visit www.energystar.gov or www.green-star-insulation.com.

Another trick of the pro's is the blower door test. This device helps control the air pressure in your home and makes it easier to identify air leaks.

If you don't want to pay for a pro, here's what YOU CAN DO AT HOME:

Try a simple home test -- use a stick of incense and let the smoke trail tell you where you can save big.

"Even behind the pipes, check any outside opening that could mean costly leaks," Bounds explains.

The next step is to seal them up, any way you can. Options include, caulking, sealing and wrapping. "The pro's say this will help you save as much as 10% on your bill," says Wendy.

Another huge way to save is by upgrading your insulation, which could potentially reduce your home bill by another 10%.

Almost 85% percent of the energy used to wash your clothes is simply to heat the water up. Keep it on cold and it'll help you save.

Fireplaces are fun, but they can cost you. Use a flu pillow or a piece of mineral wool to block the flu -- WHEN IT'S NOT IN USE!

Let the sunshine in, or bundle up! Both will allow you to turn that thermostat and keep it controlled, especially when you are not at home. Even just turning it a few degrees can help you save.