So, it seems like not much has changed lately….inflation? Check. Russia doing Russia things because theyre Russia? Check. Dementia-addled President? Check. Gas still being insane? Check.
This is not the New Normal I was promised.
But…it is what it is, as the kids say. Now that July is here it is time to start thinking about fall and winter. If inflation, ‘supply chain issues’, and fuel prices don’t stop what they are currently doing, I can see this being an uncomfortably cold winter for many folks. Might be a lot of people turning the thermostats down a bit lower than they might do otherwise.
I always keep a cold house in the winter, so it’s no big deal to me. I usually keep the thermostat around 63-65 in the winter. But if you’re one of those people that needs 72 degrees all the time….well… this winter might be the one where youre eyes jump out of your skull likein a Tom-n-Jerry cartoon when you see your heating bill.
Years ago I signed up for ‘budget billing’ with my utility company. Basically, they take the entire previous years worth of utility charges, add them up, divide by twelve, and the result is what they bill you for each month regardless of your usage. At the end of the year you either owe them or you have a credit built up with them. Advantage? Predictable payments every month. In the summer, my heating bill is only a few bucks but in the winter it can be around $150+ per month. (Natural gas, in case youre curious.) But by the time the cold weather rolls around I’ve usually built up enough padding over the summer that the higher winter bills are mitigated by the credits from ‘overpaying’ over the summer. From a monthly budget standpoint, this is the way.
Given the proven adage of there beingno problem that can’t be made worse by having .gov get involved, I can see the Biden people ‘doing something’ to ‘keep Americans warm’ this winter. Tax credits? Price controls? Moratoriums on service disconnections for unpaid bills? Dare I say it….nationalization? Who knows? But what I do know is that now is the time to be making plans for bizarre inflation-adjusted, scarcity-affected heating costs this winter….not five minute after the mercury dips into freezing.
Get the window insulation, weather stripping, electric space heaters, propane/kero heaters now because a) theyre only going to be more expensive in the fall and b) they won’t be available in the fall. Or, easier and less work, start socking away money now to be ready to pay for the increased heating costs that are virtually guaranteed to be coming this winter.
