Whether you live alone or have a family, high energy costs can have a major impact on your personal finances. The average household spends a minimum of $1,600 a year on utility bills, according to the Department of Energy.
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But unknown to many, there are simple and practical ways to reduce utility and energy costs by as much as 20% a month. That’s an amazing savings. The money saved can be used for a variety of purposes. Maybe you don’t have a strong financial cushion, or perhaps you need to free up cash for other household bills.
Learn way to conserve energy and you will receive lower, more affordable utility bills.
Here are five easy ways to cut your energy consumption and save money:
1. Close doors and windows. Keeping your doors and windows closed tightly during the hot summer months will keep heat out and cool air in. This can be challenging if you have children, as they’re prone to leave doors wide open.
Additionally, regularly check your doors and windows for cracks or spaces. Replacing old or worn doors and windows helps with your home’s insulation. If this isn’t doable at the present time, seal cracks in your windows. Replacing doors and windows is an initial expense, but the purchase can result in a tax credit.
2. Check your HVAC unit. Some people don’t think about their air conditioning and heating unit until it’s not working properly. However, yearly maintenance can have a tremendous impact on your utility costs. A tune-up ensures that your unit is working properly, and with your unit functioning properly, you’ll save on energy.
3. Compare rates. There is probably more than one energy or gas provider in your local area. If you have options, contact different companies and request a rate quote. For example, if you live in an area with deregulated energy markets, such as Ohio (www.ohiogascompanies.com) you can compare rates on both gas and electricity.
4. Put your computer in sleep mode. By habit, you may walk away from the computer and let the screen saver kick on. But if you want to use less energy, put the computer in sleep mode or simply turn off the computer.
5. Use a power strip. If you have multiple electrical devices in one room, use a power strip instead of plugging items directly into the socket. Once you’re finished using these electrical devices, turn off the power strip. This approach saves energy and can significantly reduce your electricity bill.
6. Check for water leaks. Don’t ignore a high water bill. This can indicate a leak somewhere in your home. Examine your water heater, look under cabinets for water and check your toilets for leaks. Finding a water leak early can reduce your utility bill and lower your risk of mold.
Stop paying high utility bills and practice simple ways to conserve energy. Tough economic times call for creative measures, and modifying your energy consumption doesn’t require a major lifestyle change. Be conscious of how you use energy and you will save money.