What Is Cheaper To Do.. Use An Electric Blanket Or Turn Up The Thermostat And Use The Oil To Heat Up The House?

We are trying to save money this winter and I was wondering if it would be cheaper if we turn down the thermostat at night and used electric heating blankets in bed to stay warm or should we just turn up the thermostat and warm up the entire house and not use electric blankets? (We have oil for heat) Which way would save us the most money?

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