Using a HeatWell wall outlet heater can lower your gas heating bills by as much as 60% each month. power costs more than natural gas, and if you live in New York, your power rates might be among the highest in the nation. The Electricity Information Administration (EIA) predicts that fuel prices will rise by as much as 30% in the winter of 2021/2022. To help you save money on heating this winter, the EIA has shared nine tips.