We are already feeling the pain every time we fill the tanks on our cars. So far, we have not seen the rapid increase in costs for energy use in our homes. Part of that is due to the fact that summer means electricity use to cool our homes. Since electric power comes from a number of sources, and many of these do not have the same reliance on oil and gas, electric rates have not jumped as sharply as other energy costs.
Just wait until the snow starts to fly. The price of natural gas is up 86 percent over last winter. Anyone think it is going to drop? We can expect to be paying heating bills twice as high as last year. For us, that means an additional $300 or more every month. That is simply not in our budget.
As I have been cutting the junk out of our woodline I have begun to collect the dry wood and set aside the green logs to dry. Our master bedroom is on the second floor and open to the family room, where the fireplace is. We figure we can set the furnace to 60 degrees, buid a fire, and let the heat rise. As for summer, I expect I can build a large room in the basement for about $500. Even on the hot days, it is still pretty cool down there.