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Old 06-16-2008, 08:28 AM
 
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I am house hunting on long island, mostly huntington. I am trying to get an idea on average, how much utilities cost on a monthly basis. Can anyone help me?
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Old 06-16-2008, 08:45 AM
 
Location: Huntington, NY
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There is no average --it depends on the size of your home and how much energy you use.

I live in a 2 bedroom Ranch in Huntington Village.

My electric bill is $200 per month give or take a few dollars. My forced air type heating uses electrical energy to push the heat through the house so it's highter in winter....but then the air conditioning makes it higher in summer. I have central air but I won't use it because last time I used the AC for a month my electric bill was $600. Screw that. I'll suffer. I got ceiling fans and other fans. My husband has a lot of computers running as he fixes computers so that ads to the electric but not much. I wash clothing once a week, about 5 loads. We're a pretty moderate famly and my electric bill rarely goes below $200

Heat? Oil? hahahahaahahahah who the hell knows what it's going to be??

The last house I lived in was OLD (1927), and the windows were OLD and the house was a 3 bedroom OLD colonial with a full basement. Not the biggest house but not the smallest. The oil burner was OLD and the oil tank was OLD.....My winter heating bill for 2006/2007 was $4,250. I almost died.
I moved in Oct of last year to this smaller home...well insulated, new windows, smaller home but nice size rooms. My oil heat bill for last year was under $2,000. What a difference insulation and good windows make.

Make sure you get a home that is not old and drafty!

We have no idea what the future will bring. People have said be prepared to pay up to $1,000 per month this winter to heat our homes. We have to learn to be conservative. Wear more clothing indoors, blankets etc.....

Live is gonna get tough
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Old 06-16-2008, 08:50 AM
 
Location: Inis Fada
16,966 posts, read 34,702,389 times
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Quote:
Originally Posted by lawoman4368 View Post
I am house hunting on long island, mostly huntington. I am trying to get an idea on average, how much utilities cost on a monthly basis. Can anyone help me?
I'm paying $260/mon LIPA. House about 2000 sq ft, outdoor hot tub (year round) I've replaced bulbs with CF bulbs whenever the old ones burn out. I finally gave in and had CAC installed, so I don't know how big a difference that will make.

Oil -- I used about 1100 gals last year -- oil HW heat.
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Old 06-16-2008, 01:50 PM
 
Location: Kings Park & Jamesport
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I nwould really need to tell us some more info, how many square feet & how old the house is to start.
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Old 06-21-2008, 07:05 PM
 
53 posts, read 659,404 times
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The house I am looking at was built in 1933, 5227 square feet, oiltwo heating zones, seperate water heater-what does this mean?
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Old 06-22-2008, 07:46 AM
 
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Please bear in mind that heating costs this coming year will be more expensive than last year because the per gallon and the per mmBtu price of heating oil and natural gas, respectively are much higher.

While wholesale gasoline prices have increased $1.21 a gallon or 54%, wholesale heating oil price have increased by greater amount: $1.74 a gallon or 85%, and are at a 33¢ a gallon premium to gasoline, whereas last year at this time, gasoline was at a 19¢ premium to heating oil, a swing of 52¢ in their price relationship, reflecting a global shortage of diesel fuel (heating oil and diesel fuel come from the same part of the crude oil distillate).

At the end of Friday's (June 20) trading, wholesale prices (gasoline and heating oil is in $/gallon, combined product value, crack spread and crude oil is in $/42-gallon barrel and natural gas is in $/mmBtu) were:

.....................Wednesday...Friday.........ne t............%.....
........................06/20/07...06/20/08.....change.....change..

Gasoline...........$2.2281....$3.4392... +$1.2111....+ 54.4%
Heating oil.........$2.0339....$3.7717...+$1.7378....+ 85.4%
Combined Product
Value................$90.32.....$150.03...+ $ 59.71.....+ 66.1%
Crack Spread....+$22.13....+ $15.41...- $ 6.72......- 30.4%
Crude oil............$68.19.....$134.62....+ $66.43.....+ 97.4%

Natural Gas.......$7.365.....$12.994....+$5.629..... + 76.4%

[ 1 ] The above calculation of the crack spread (gross refinery operating margin) assumes that each 42-gallon barrel of crude oil yields 25.2 gallons of gasoline and 16.8 gallons of heating oil and other distillates, such as diesel and jet fuel.

[ 2 ] Also, please note that retail gasoline prices tend to be at a $0.75 to $1.25/gallon premium to the wholesale gasoline price as traded on the New York Mercantile Exchange, which would mean that a wholesale price of $3.44/gallon would indicate a retail price of $4.19 to $4.69/gallon, depending on where in the U.S. the retail pump might be located.


Anyone can easily monitor the gasoline, heating oil and crude oil regular session futures prices on the New York Mercantile Exchange (because these prices are available at no charge, they come with a 30-minute delay) by going to:

Gasoline futures prices
futuresource.com | Futures & Commodities Custom Quotes

Heating Oil futures prices
futuresource.com | Futures & Commodities Custom Quotes

Crude Oil futures prices
futuresource.com | Futures & Commodities Custom Quotes

Natural Gas futures prices:
futuresource.com | Futures & Commodities Custom Quotes
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Old 06-22-2008, 04:47 PM
 
739 posts, read 1,847,634 times
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Quote:
Originally Posted by lawoman4368 View Post
The house I am looking at was built in 1933, 5227 square feet, oiltwo heating zones, seperate water heater-what does this mean?
Not to be flippant, but I'd say it means you're going to have some pretty big heating bills. Is there any way you can find out from the previous owner how much oil was used this past winter? It might help you figure out what to expect to pay.

Separate water means just that - you'll set the heater for the water at a certain temperature, which it will maintain by using electricity.
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Old 06-22-2008, 08:00 PM
 
Location: Kings Park & Jamesport
3,180 posts, read 10,538,613 times
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Quote:
Originally Posted by ExNooYawk View Post
Not to be flippant, but I'd say it means you're going to have some pretty big heating bills. Is there any way you can find out from the previous owner how much oil was used this past winter? It might help you figure out what to expect to pay.

Separate water means just that - you'll set the heater for the water at a certain temperature, which it will maintain by using electricity.
Most domestic Hot water heaters are fired by gas or sil, not electricity. A separate hot water heat is more eff. than an intergated system with the boiler.
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Old 06-22-2008, 08:08 PM
 
53 posts, read 659,404 times
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OK-Correction- the lot (.12 acre) is 5200 sq feet, not the house itself. It is oil for heat and gas for cooking, etc....

Any more suggestions or comments? I love the responses!
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Old 06-22-2008, 08:35 PM
 
9,341 posts, read 29,672,241 times
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Quote:
Originally Posted by lawoman4368 View Post
OK-Correction- the lot (.12 acre) is 5200 sq feet, not the house itself.

An acre is 200' X 200', or 40,000 sq. ft., and 5,200 sq. ft. is approximately 1/8th of an acre.
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