A report from the state of Maine has many residents very worried, just as the heating season kicks into full gear. The projections for a very cold winter, added to economic and political uncertainties around the world, have pushed fuel prices higher in many corners of the country. Mainers are among those who will feel the impact of these higher prices. It has been estimated that the average property owner in the state will pay thirty cents more per gallon for gas and oil than they paid last year. Add this fact to the projections for a long and arduous heating season and you can understand the concerns of the property owners. According to the formal projections of the state, the average residential property owner can expect to shell out approximately $400 more this year, in order to keep their homes warm and comfortable.
Those forecasts are not unique to the state of Maine. Many people throughout the country are facing similar situations as they try to adjust for the growing utility expenses expected in 2017. As the prices increase, more and more property owners are looking for ways to maximize the efficiency of their HVAC systems. That means more action in the controls and sensors market. After all, many of these add-ons can drastically improve the efficiency of systems – in residential, commercial, and industrial buildings. Better efficiency means less energy consumption. That means fewer gallons of fuel to pay for – perhaps even enough of a decrease to counteract the $400 hike expected.
If you are concerned, or are already beginning to see the impacts of increase fuel costs in your property, then it is worth a call to the local HVAC technicians. It may be possible to upgrade your system at very little out-of-pocket expense, in order to save large sums on monthly utility bills.