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Tips to Slash Your Energy Bills

Posted by Michelle Eld on

Energy bills are an inevitable part of life. You’ve probably been wondering how you can slash those bills to save a little bit of money each month. Contrary to what you may think, it doesn’t take a huge effort on your part to save on electricity. Little things here and there can make a big difference. It can be as simple as investing in a smart thermostat or putting in a white roof. Here are some money-saving tips to try in your home.

Turn Down the Thermostat

The winter can certainly bring a chill to the air, which may have you running to turn up the thermostat. Save between one and three percent on your heating bills for every one degree you keep your thermostat down, says US News and World Report. Even better: get a smart thermostat that automatically “learns” your daily patterns and adjusts your heating and cooling accordingly. There are models out there, such as Nest, that actually sync with your smart phone so you can control your home’s heating and cooling remotely at the touch of a button.

Change Your Filters

Changing your AC and furnace filters regularly helps ensure more efficient operation of your HVAC units. Dirty, clogged filters cause your units to work overtime to achieve the same amount of heating and cooling. By switching out your filters on a regular schedule, you can improve efficiency so your unit doesn’t have to work as hard.

Turn off Lights

We’ve all been taught to shut the lights when you leave a room. It really does make a difference! Have you ever heard of phantom energy? This phenomenon can drain your electric bill in tiny ways that add up to a big bill later on. Be sure to turn off all electronic devices before leaving for the day or a vacation. However, the biggest way you can save on electricity is to simply turn off the lights. Did you know one compact fluorescent bulb racks up $9 per year if you leave it running all night? A standard bulb is even worse at $21. Same goes for your ceiling fans: you’re paying up to $35 a year when you keep that fan on high while you sleep.

Lower Your Water Heater

Most water heaters come with a factory setting of 140 degrees F; however, you have the freedom to set it at what you want. Put it down to 120 degrees F to save on electricity and water usage. Best part is, it’s unlikely you’ll even notice a difference in the comfort level.

Take Care of Air Leaks

One of the biggest causes of energy loss is air leaks, which are prevalent around electrical outlets, switch plates, baseboards, vents, phone lines, and window air conditioners, points out Energy.gov. Seal those leaks and you’ll save energy.

If you’re tired of the rising energy bills you face every month, employ the above tips to save cash!

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