Cold weather is here, and heating your home can get expensive, but there are some ways to keep those costs down this winter.

Energy experts say there's no "magic bullet" when it comes to saving money on your heating bill. It's a lot of little things that add up over time.

"During the winter time, your utility costs -- your energy costs -- are going to go up 30 to 50 percent," said PPL Electric spokesman Michael Wood.

Wood shared some simple ways to keep your bill balanced.

"Just the setting of your thermostat can save you a tremendous amount of money,' he said.

Wood suggested keeping your thermostat no higher than 68 degrees, and lowering the temperature while you're gone and overnight.

Next, check your hot water heater.

"Is your heater well maintained?", Wood said. "Have you had it cleaned and inspected in the last couple of years?"

Wood said to keep your water heater between 120 and 140 degrees. Also, make sure you have insulating wrap around your heater and pipes.

"They don't cost much money -- about 25 dollars," said Wood.

Next, check your doors, windows, and even your dryer vent. According to Wood, drafts are the biggest cause of wasted heat. Fixing them is another easy, and cheap, fix.

"Where do you have caulking or weather stripping that needs to be replaced?" he said.

Finally, go online and monitor your energy use.

"Online, you can see your daily usage, your monthly usage, and your hourly usage," he said.

A lot of this sounds obvious, but according to Wood, you'd be surprised how many people don't do these basic things -- and end up paying way too much each month because of it.