It’s hard to escape the impact of rising gas prices, even if you drive an electric vehicle. In the coming months, many other products and services will cost more. Here are some of the many things homeowners could pay more for because of increasing gas prices today.
Mowing the Lawn and Rising Gas Prices
Many homeowners use lawnmowers, leaf blowers, and string trimmers that rely on gasoline to power them. Rising gas prices will also impact your lawn care routine as the weather warms up and the grass needs to get cut more frequently. Unfortunately, even if you pay a landscaping company to do the job for you, many landscaping companies are raising prices to compensate for the increased cost of gas.
Generators for Power Outages
You can expect to pay more to power your generator during a power outage. The average generator needs 18 gallons of gas to power your home for 24 hours. As a result, rising gas prices will make operating and maintaining your generator more expensive. It will also cost you more to keep gasoline on hand for power outages.
Repairs to Your Home Cost More Due to Rising Gas Prices
Plumbers, electricians, and other home services professionals feel the pinch as rising gas prices make driving to and from client homes more expensive. As a result, once free estimates may start costing a nominal fee, and repair costs will increase to reflect increased gasoline usage. You may also see increased costs of purchasing and transporting the parts required for the repair.
Trips to the Grocery Store
The products that line the shelves at your local grocery store are transported in gas-powered vehicles. As a result of rising gas prices, manufacturers and retailers increase prices to maintain the same profit margins. Over the coming months, personal care items, cleaning products, and food will cost more.
Plastic and Petroleum-Derived Products
It might surprise you to learn that petroleum has many uses throughout our daily lives, and only some of them involve fueling vehicles. Petroleum is in many other products, including tires, clothing, insulation, plastic containers and bags, toys, shingles, and anything else made of non-recycled plastic. Because the cost of oil is rising, the cost of many of these items will also increase.
Cowan Inspections Group provides home inspection services for homebuyers and sellers. Contact us if you are moving to or from the Park City area.