Should You Leave Your Heat On All Day or Turn It Off? Which is Cheaper?

Which option will help you save on your energy bills?

Person operating a thermostat
(Image credit: Getty Images)

With energy prices still high, heating your home is proving difficult for many to afford. These elevated prices are leading many to search for alternative ways to save on energy bills during the winter. And the solution can be easier than you think. If you’ve ever wondered whether or not you should leave your heat on low all day or turn it off when you’re gone, keep reading.

On average, a typical household spends $6,888 annually on utility bills, shelling out $1,644 each year on electricity bills alone. But you can slash your bills by setting your thermostat to the proper temperature for the appropriate amount of time. To save money on heating, the Department of Energy recommends turning your thermostat down to 68°F to 70°F while you're awake, and even lower when you're sleeping or away from home. They claim you can save as much as 10% a year on heating and cooling by turning your thermostat back 7°F to 10°F for 8 hours a day from its normal setting.

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Erin Bendig
Personal Finance Writer

Erin pairs personal experience with research and is passionate about sharing personal finance advice with others. Previously, she was a freelancer focusing on the credit card side of finance, but has branched out since then to cover other aspects of personal finance. Erin is well-versed in traditional media with reporting, interviewing and research, as well as using graphic design and video and audio storytelling to share with her readers.