Save on Electricity Bill: Keeping the lights on may brighten up your room but let’s face it, it is not at all cheap. Air conditioner, furnace, and hot water heater, all these may give us comfort but they together hit us back in the form of hefty bills.
Following the outbreak of COVID-19, it’s no news that most families are facing a financial crisis today. In this case, energy bills are no less than a huge burden. Don’t worry, little changes to your usage and you can significantly lower your bill by as much as 25 percent.
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Take a look at the following ways to save a large chunk of money on your electric bill:
Heating & Cooling
Home heating and cooling are considered to be tenth the biggest culprits behind hefty utility bills and they also are the best places to look for cost-cutting opportunities.
Here’s what you must do:
- Check seals on windows, doors, and other appliances
You should always make sure that your fridge and freezer are properly closed, thus keeping the cold air where it actually belongs. The same applies to your doors and windows as well. When it comes to bad seals, it typically allows energy to seep out, thus draining one’s pocket in the process.
- Fix leaky ductwork
Try to enhance the overall efficiency of your heating and cooling systems. Just repair leaky heating, ventilation, and air conditioning ducts.
- Give your thermostat a nudge
You must start setting your thermostat back 10 to 15 degrees when you are asleep or not at home. Doing the same for 8 hours can considerably lower annual heating as well as cooling expenses by approximately 10 percent. Go for a programmable thermostat, it will work wonders for you.
- Adjust your fridge and freezer temperature
This is yet another step you must practice! From now, consider setting your fridge to 38 degrees and your freezer to 5 degrees. This, in turn, keeps food fresh, and most importantly, both your fridge and freezer don’t work rigorously to maintain the temperature.
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Hot water is the 2nd largest expense in powering most homes, as per the Energy Department. If you decide to slice down your use of hot water such as in the shower, laundry, and dishwasher, you can literally make a sizable dent in your overall energy bill.
Here’ what you must do:
- Take shorter showers
Just cut down 2 minutes off your shower time. It will surprisingly cut your water usage by 10 gallons.
- Replace your showerhead
Even an efficient showerhead decreases water usage by 2,700 gallons in a year. Search and find one with the WaterSense label that is certified to fulfill efficiency criteria fixed by the Environmental Protection Agency.
- Avoid washing clothes in hot water
Reduce your per-load energy usage in half by sticking to warm or cold water the next time you wash your clothes.
- Repair leaky faucets
That drip, drip, drip sound is not just annoying but also wastes gallons of water. Hence, fix it at the earliest!
- Adjust the temperature on your water heater
Normally, the default temperature setting on water heaters is 140 degrees. Decreasing it to 120 degrees can cut down your water heating expenses by up to 10 percent. If you are going on a vacation for a few days, then do not forget to turn your water heater to the lowest setting to save energy usage.
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- Buy energy-efficient appliances
If you ever go to the market to buy appliances such as a washer, dishwasher, or water heater, consider purchasing an energy-efficient product to acquire long-term savings.
For example, a dishwasher with the Energy Star label is required to utilize 5.8 gallons of water or less per cycle, compared to the more than 10 gallons used by various older models.
So, be a smart consumer and always consider appliances that run most often, such as the fridge, HVAC system, water heater, dehumidifier, television, washer, and dryer.
- Ask for discounted rates
Most utility providers provide cheaper rates during certain times of the day, thus making laundry and various other energy-intensive chores 5 percent to 25 percent cheaper during off-peak times.
- Power & Lighting
When you keep the lights & electronics on, it contributes to roughly 12 percent of a home’s energy usage.
Here’s what you must do:
- Swap out your light bulbs
This will certainly save $75 a year. Try it!
- Use smart power strips
Some electronic gadgets never truly power off; rather, they stay in standby mode. Smart power strips help to cut off the current when the devices are not being used.
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