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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