How To Easily Save Money on Your Utility Bill

Finding ways to save money can seem challenging but all we have to do to prevent high electric bills is keep our home and lifestyle as energy efficient as possible.

 There are only a few things as unpleasant as a skyrocketing utility bill. The best way to prevent it is by learning about our energy usage.

 

  1. What Costs the Most on Your Utility Bill

The best place to start is to find out what uses the most energy in your household and therefore costs the most on your Direct Energy utility bill.

 Heating and cooling: 46 percent

As your main source of comfort from extreme outdoor temperatures, your HVAC system uses the most energy of any single appliance.

 

Water heating: 14 percent

Taking a long hot shower might no longer feel as warm and fuzzy if you consider that water heating is the second most energy-consuming activity in your household.

Appliances: 13 percent

Your refrigerator, washer, dryer, oven, stove and dishwasher each play an important part in your utility bill.

 

Lighting: 9 percent

It is important to note that a light bulb’s energy use can vary widely based on the type and usage. Incandescent bulbs, halogen bulbs, compact fluorescent bulbs (CFLs), and light-emitting diode (LED) bulbs all use different amounts of energy.

 

Electronics: 4 percent

Your TV and entertainment center, including console, can use a significant portion of our homes’ energy, especially if they are not Energy-Star certified.

 

2. Why Is My Utility Bill So High

Most people don’t pay much attention to their power bill until it jumps up or even doubles. Besides rising electricity rates, there are plenty of reasons your utility bill may increase.

 

Phantom loads

Did you know that devices that are not in use still consume energy if they are still plugged in? If you leave an espresso machine plugged in when it’s not in use, it will consume as much electricity as a LED light bulb. Not turning off the lights when you leave the room can also quickly add up cost-wise.

 

Inefficient light bulbs and appliances

Older appliances are less efficient than modern ones that are built to achieve the same performance by using less energy.

 

Poor insulation

If your windows are not properly sealed, they will end up costing you big-time as they allow inner air to escape and allow outdoor air in. According to The North American Insulation Manufacturers Association, approximately 90% of existing U.S. homes are under-insulated.

 

Change in habits

Cooking more, working at home more, having guests over, staying up late at night watching Netflix or playing games will make a difference to your energy bill.

 

  1. Simple Ways To Lower Your Utility Bill

Tweaking your usage can trim your electricity costs by 1/4 . All you have to do is make your home and lifestyle more energy-efficient.

 

Invest in energy-efficient equipment

Even blackout curtains do a great job at reducing heating and cooling costs as they provide an additional layer of insulation to your home. But, if you are willing to invest in a low-flow shower head, LED light bulbs, smart power strips that eliminate phantom loads and Energy-Star rated appliances, you will save a significant amount of money on your monthly utility bill. To maximize your savings, prioritize appliances that you use the most, like the fridge which never stops working, HVAC system, water heater, washer and dryer.

 

Regular maintenance

By regularly cleaning your filters, ventilation and air conditioning ducts, along with repairing leaky heating when needed, you will ensure your heating and cooling system works efficiently. Any sort of dirt or debris will put a strain on it and make it have to work much harder than what it’s supposed to.

 

Eliminate heat, water and energy waste

Seal air-leaks, fix leaky duct work and fix leaky faucets. Use smart power strips that cut off the current when the devices aren’t in use.

 

Takeaway

Keeping the lights on isn’t cheap, but tweaking your usage can help you save a significant amount of money on your utility bill. The bottom line is that the more energy-efficient your household and lifestyle are, the lower the utility bill.

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