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Lower Your Energy Bill
The electrical grid becomes older with no updated technology every year, yet energy prices continue to increase. You cannot control how much the utility company will charge you, yet you can implement ways to spend less on your electricity bill.
We will cover 50 tips to help you save money on energy costs.
Tip #1: Make Sure You're Changing All Filters and Keeping Vents Clean
Make sure you're changing all filters and keeping vents clean. Dust and dirt can build up over time and restrict airflow, making your HVAC system work harder than it needs to.
Check your filters every 60 days and clean your vents at least twice a year.
Tip #2: Adjust the Thermostat
By adjusting the thermostat down a few degrees in the winter and up a few degrees in the summer, you can easily shave off $20-$30 from your monthly bill.
Tip #3: Use Fans as Much as Possible
Ceiling and tower fans during the summer months will help you with lowering your bills.
A tower fan is far less expensive to run than your air conditioning (AC) unit.
Tip #4: Get Into the Habit of Unplugging Things When You're Done Using Them
Appliances like TVs, computers, and chargers still use power even when they're turned off, so unplugging them will help reduce your bill and save energy at the same time.
Tip #5: Invest in Blackout Curtains – Save On Heating Costs
Blackout curtains block out light from your windows, which will keep your home nice and cool without having to turn on the AC as often.
You will also be able to sleep more soundly with less light coming into your room.
Tip #6: Keep an Eye on Your Attic and Ductwork
Ensure the insulation in your attic is up-to-date and that there aren't any leaks or holes in your ductwork.
Rodents and any work done in your attic mean that ducting may be compromised. You don’t want your AC unit cooling the attic during the summer.
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Investing in better insulation will pay for itself over time.
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Tip #7: Install Energy-Efficient Light Bulbs
Incandescent bulbs were great for many decades.
We now have LED bulbs that last longer, produce less heat and use far less energy.
You will spend more money on LED bulbs, yet the savings can be seen immediately.
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Tip #8: Use Dryer Balls to Cut Down on Drying Time
Dryer balls can cut down on drying time by up to 25%.
That translates to saving money from your utility provider.
Tip #9: Upgrade Appliances Whenever Possible
Replacing older appliances with new energy-efficient ones can help reduce your energy bills.
Tip #10: Look for Discounts Through Your Utility Company
Your utility company may offer discounts on energy-efficient appliances. Many companies also have programs that provide rebates for insulation and water heaters.
You also may qualify for low-income assistance. You pay a percentage of your utilities while the company takes care of the rest with this.
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Tip #11: Use Your Dishwasher Instead of Handwashing
A newer dishwasher uses as little as three gallons of water per cycle. Save water by ditching the hand washing.
Tip #12: Invest in a Water-Saving Toilet
Older toilets from the 1990s use nearly five gallons of water per flush.
The newer toilets use about half of that and some even less.
Tip #13: Do Your Laundry Efficiently
If you can do all of your laundry in one load, do it. Cold water is best.
Full loads are great at lowering your utilities.
Tip #14: Watch Out for Leaks
Small leaks create problems. It is better to call the plumber and have it fixed now than have to deal with any dry rot or mold later.
Tip #15: Use Water Saving Faucets and Showerheads
Certain items such as modern faucets and showerheads are inexpensive, keep your average water usage down, and help with lower bills.
Tip #16: Adjust Your Water Heater Temp When Necessary
Water heaters were installed and set at 140 degrees. One hundred twenty degrees is optimal and will save on your natural gas bill. You will probably never turn your knobs that high.
Tip #17: Do as Many Chores at Night as Possible
Your bill is lower at night because demand is lower. Run the dishwasher, washing machine, and dryer and spend less electricity.
Tip #18: Have a Ceiling Fan in Most, if Not All, Rooms
Ceiling fans can help keep you cool during the summer while in the room.
Air conditioners suck up a lot of power. If you can avoid turning on the AC until later in the day, you will save electricity and have money savings.
Tip #19: Use a Programmable Thermostat
Programmable thermostats are lifesavers. Setting up a schedule, so your system only turns on when you’re home will cut your utility costs.
Tip #20: Cover Your Outlets When They're Not in Use
Stray drafts from outside can get in through outlets and put a strain on your heating or cooling system. Covering them is a simple solution.
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Tip #21: Reduce Your Shower Time
Shorter showers (five minutes) can use less than one-third of the water used for a bath.
Tip #22: Use a Smart Power Strip
Smart power strips turn on/off certain things at certain times. The monitor will only turn on when the computer is on.
Do you need the monitor on when your computer is off?
Tip #23: Install Weatherstrip on Your Doors and Windows
Sealing up cracks and holes where cold air can get in is a great way to save on your heating and cooling bills.
Windows and doors probably let out hot or cool air during the summer and winter months.
Tip #24: Turn the Thermostat Down/off at Night
If you're not going to be home during the day, turn your thermostat off. Your dining table will not sweat.
Tip #25: Use the Optimal Fridge and Freezer Temperatures
Set your fridge and freezer to the optimal temperature.
You should keep the refrigerator at 38-40 degrees, while the freezer should stay around 0 degrees.
Having them set colder can use additional energy and increase your bill.
Tip #26: Turn Off Your Computer When Not Using It
Computers use a lot of energy when they're on. Turn them off when you're not using them.
Tip #27: Cook Outside in the Summer
Your range/cooktop is heating your house every time you use it.
Cooking outside will allow your AC unit to rest.
Having a barbeque grill is life.
Tip #28: Request an Energy Audit
An energy audit can show you ways to improve your home’s energy efficiency.
Many utility companies will have one of their contractors come and audit your home for inefficiencies.
Tip #29: Clean Your Refrigerator Coils
Clean the coils at least once a year with a vacuum cleaner or coil brush.
Tip #30: Hang Your Clothes Out to Dry
Drying your clothes outside can also help them last longer and lower your energy use.
Tip #31: Use a Laptop Instead of a Desktop Computer
Desktop computers use more energy than laptops.
Tip #32: Plant Trees Near Your Home
Planting trees near your home can help shade it and keep it cooler in the summer. You’ll have more oxygen, and your home temperature will be lower in the summer.
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Tip #33: Use Lights With Smart Switches
Smart switches allow you to control when the lights are on.
Motion sensor lights are another good thing to have.
Tip #34: Make Sure All Attic Air Leaks Are Sealed
Prevent heated or cooled air from escaping from your home by sealing up attic leaks.
The rats don’t need to be comfortable in the attic.
Tip #35: Use Energy Star Products
Energy star label products use less energy and save on electricity costs.
Tip #36: Insulate Your Crawl Space Ducts
Keep cool air from escaping during the summer and hot air coming into your house during the winter by insulating your crawl space.
Tip #36: Close Doors to Rooms When They're Not in Use
Keep any rooms not being used closed. Also, close the vent if you have a room that no one uses.
Tip #37: Invest in a Water Heater Timer
A water heater timer can help you save on your heating costs by turning it off at certain times of the day.
Tip #38: Install Dual-Pane Windows
Older aluminum windows are notoriously hot during the summer months. Vinyl dual-pane windows are the t
Tip #39: Re-Glaze Your Windows
Tip #40: Clean Out Your Dryer Ducts
Cleaning out your dryer ducts will help the machine run more efficiently and save money on your energy cost each month.
Tip #41: Drain Your Water Heater Each Month
Draining your water heater removes sediment that builds up and can help the unit run more efficiently.
Tip #42: Use Smart Metering, if Possible
By using a smart meter, you can monitor how much electricity is being used hourly.
Utility companies use smart metering to ensure the power grid remains stable theoretically and blackouts don’t happen.
Tip #43: Spend More Time Outside Your Home
Coffee shops spare no expense when it comes to keeping their stores comfortable. Use that generosity to your benefit while working on your laptop during the hottest or coldest part of the day.
You’ll catch me in my local cafe from 3-7 pm during the summer.
Tip #44: Seal Your Chimney if You Never Use It
Hot air rises and will escape through your chimney. Consider sealing it up.
Tip #45: Use Air Conditioner Covers
If you have air conditioners in your home, make sure to use covers on them when not being used.
Tip #46: Install Storm Windows
Installing storm windows can help reduce bills each month. Storm windows prevent heated air from escaping through the window and allow you to keep it inside of your home, where it belongs.
Tip #47: Wrap Pipes With Better Insulation
Insulate your hot water pipes because they lose heat as the water travels through them. Your water will stay warmer, and the pipes are less likely to freeze.
Tip #48: Look Into Geothermal Heating
Geothermal heating is a more expensive option to consider when reducing your energy bill, but it's also one of the most efficient. The earth's natural heat is used to warm and cool a home.
Tip #49: Look Into Tankless Water Heaters
Tankless water heaters only heat the water as it's needed. A traditional tank-style hot water heater keeps water hot 24/7 and is inefficient.
Tip #50: Insulate Your Garage Door
Insulate the garage door to keep the proper air in and the other air out.
You Can Lower Your Energy Bills
Saving on your bills doesn't have to be difficult. By following the tips listed in this article, you can start reducing your monthly expenses immediately and see a noticeable difference in your electric bill.
As a certified credit counselor and syndicated writer at MaxMyMoney, Max has coached over 250 Millennials to help take the stress out of money. When Max is not coaching, you'll find him reading financial books, indoor cycling, or visiting local pawn shops looking for swiss-made watches.