Seven Ways to Cut Costs On Electricity

Seven Ways to Cut Costs on Electricity

Although a necessity of life, electricity is costly.  A few simple changes to your daily routine can effectively cut down on electrical costs and save you hundreds of dollars each year.

Here are seven easy changes you can start making:

1. Power Company

First things first, check out how your power company compares to competing companies.  Since states like Texas allow residents to choose their own power company, there is a chance your electric company is more costly than other companies like Choose Texas Electricity.  Take the time to research other companies in order to ensure you have the best deal possible.

2. Energy-Efficient Light Bulbs

You would be surprised how expensive regular incandescent light bulbs are.  Investing in energy-efficient light bulbs can cut your electric bill in half, for a 40-watt LED bulb uses only six watts of power, which is 85 percent less energy than a standard bulb, costing only 72 cents a year to operate.  While LED lights are more expensive than standard incandescent, a single LED bulb could potentially last up to 20 years depending upon the usage.

3. Peak Hours

Time of Use rates are based on the time of day you are using energy.  Using energy during peak hours costs significantly more than non-peak hours.  Hours vary from state to state, so check in with your power company about times and rates.

4. Add Insulation

Low quality insulation, or worse, no insulation at all, results in drafty homes in all seasons.  Although it is an initial expense to re-insulate, over the course of a year, your investment will have saved you hundreds of dollars.  If you cannot afford to re-insulate the whole house, look to insulate just the rooms that get the most light and heat, you can seek out the services of insulation contractors chicago (or elsewhere more relevant to you) to get advice on which areas of your home are most critical to reinsulate. A commonly suggested one will be the attic, because of the attics position at the top of the house, it already generates a lot of heat. Without insulation, that heat is escaping, reducing the potential warmth your home could have Additionally, before insulating, make sure to eliminate the home any drafts, as insulation will not stop airflow.

5. New Thermostat

The latest technology allows you to control your thermostat with your smartphone or tablet.  While you are away from your home, you can turn your thermostat temperature up or off, which can save around 30 percent on your bill.

6. Vampire Charges

Vampire energy is also known as standby power.  According to the U.S. Environmental Protection Agency, $10 billion is wasted every year on vampire energy.  Every appliance or computer you can turn off when you are not using them will save you each month.  In order to save even more, look into devices that automatically power down computers and other electronics when they are not in use.  Otherwise, televisions, DVD players, printers, and other electronics are simply a waste of electricity, which is a waste of your money.

7. House Fan

Fans are more energy efficient than air conditioners as they use outside air to cool down the inside.  Investing in a whole house fan can save you thousands in the long run.

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1 thought on “Seven Ways to Cut Costs On Electricity”

  1. Hello, I came across your blog here about how to save energy, we are a energy management company based out of Souther California, Just north of San Diego. I enjoy informing homeowners how to save lots of money. We offer a few of these installation services that you mentioned.

    Direct Electric Company is Southern California’s largest dealer and installer of the Quiet Cool whole house fan system, we can help you determine what system is best for your home, the associated cost of that system. We offer dozens of different whole house fans for almost every home. We not only provide for Southern California, but we also offer products to be ship nationwide. The best part of the Quiet Cool Fans, they are American made, made right here in the United States.

    To learn more or to ask us any questions at please visit our website associated with this comment…

    Thank You

    John L.
    Direct Electric Company

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