Our August budget has changed, but I feel it was worth it.
Wow, here it is only three days into August, and we’ve already altered our budget. The change stems from conversations Hubby had with several local people regarding the last three Winter seasons. According to these locals, we’ve had three very mild Winters. We’ve only been here for the last two, so if what we experienced is their idea of mild, I cringe at what a harsh Winter may entail!
Although we do have a furnace, we heat our house primarily with wood. Last year we ran out of wood before the end of heating season. We were able to get a load delivered in March, but it was unseasoned, so not good for burning. We’ve had more wood delivered since then, but it ‘s hard to gauge how much we will need. My Hubby is referring to this as the learning curve of our new house. We burned wood at the house we moved from, but the setup was different and the climate also a lot milder.
After much discussion, we decided it would be peace of mind to adjust our budget and get an additional load of wood. $375 later, I now have five more chords of wood to stack.
Our budget will take yet another hit as we also decided to top off our propane tanks again. We had hoped our fill in February would carry us through the 2017/2018 heating season, and although it probably would, it is again peace of mind to just get it done. Based on the percentages in our tanks (we have two 1,000 gallon tanks) we should need approximately 250 gallons to get them to the 80% level. For those unfamiliar, that is the maximum percentage of fill to allow for expansion.
Unless doing a pre-buy or price lock-in, propane is always more expensive during the Winter. The cost right now is $1.29/gallon. I still remember a time when prices were over $4/gallon! While that was extreme and there was a lot of price gouging that year, I prefer to fill up our tanks while the price is somewhat more reasonable.
I wrote a check for the wood (thankfully we do keep a small cushion in our checking account!) and will receive a bill from the propane company. The cost of this expense will mean we have a smaller snowball, but we do have peace of mind in knowing we are fully ready for the heating season.
On a side note, it does seem strange talking about colder temperatures when so many are currently dealing with extreme heat. This morning I woke up to a chilly 49 degrees! Brr!