A two-parameter model often explains most variation: usage equals a base load plus sensitivity times degree days. Estimate base load from mild months, then fit slopes for heating and cooling. Document residuals, especially holidays and vacations. This clarity helps when you add complexity later, and it frequently outperforms fancier methods without transparent assumptions.
Heat pumps shift efficiency with outdoor temperature. Incorporate a coefficient-of-performance curve or breakpoint model so your forecast does not overstate winter costs or understate summer savings. If you have manufacturer data, anchor the curve. Otherwise, infer from past bills and thermostat logs, and be honest about wider uncertainty during cold snaps.
Download last year’s bills, tariff sheets, and thermostat histories. Capture square footage, equipment types, and filter dates. Save the latest outlook maps with their legends and probabilities. Put everything in a shared folder. Having organized inputs transforms forecasting from an anxious guess into a straightforward routine that earns trust and repeatable results.
Use preheating and precooling during cheaper hours if your rate allows it, and adjust setbacks gradually to protect comfort. Coordinate fan schedules with occupancy. Communicate changes clearly so housemates know why adjustments matter. These micro-decisions lower demand peaks, stabilize bills, and reduce arguments when temperatures swing unexpectedly and stress levels rise.
If your utility offers fixed-price contracts or budget plans, evaluate them using your forecast bands. Stability can outweigh a slightly higher rate when outlooks warn of extremes. Read cancellation terms carefully. Ask neighbors about their experiences, and share yours back, strengthening community knowledge that helps everyone navigate uncertain seasons with confidence.