Top Ways To Reduce Your Electric Bill
This year I’m looking to crush debt and crush expenses! If that sounds like you too, then let’s get this party started! One of the most costly home expenses is electricity (aside from mortgage or rent, obviously) and it’s one expense we do have some control over. So this year lets crush those electric bills by using these Top 15 Ways to Reduce Electricity Bills.
That dreaded electric bill can really put a damper on your budget if you are not careful. Winter heating bills for those who live up north can be ridiculous, while summer cooling bills can be crazy high for those of us in the south. The thing is though that with these useful tips and tricks you can crush your electric bill and save money monthly. Your savings can be used to pay down debt or add towards your savings.
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Before we get into all these great money saving tips and tricks, here are some other ways you can save money:
- 6 Powerful Ways to Transform Your Finances Immediately
- Stretch Your Grocery Budget With 10 Money Saving Tips You Haven’t Tried Yet
- 9 Money Saving Apps You Need on Your Smartphone
Top 15 Ways to Reduce Electricity Bills
Leaving small electronics plugged in while not in use accounts for “phantom” electric usage. Get into the habit of turning off and unplugging things, not in use such as phone chargers, coffee pots, toasters, etc. You may also want to even consider using a power strip. Power strips help cut out those phantom charges and make it easier to turn off multiple items at once.
2. Wash on Cold
Washing your clothing in cold water not only cuts down on electric usage but helps your clothing last longer. Cold water uses less energy than warm/hot water, adding up to some savings monthly.
3. Line Dry
Hang clothes out to dry to eliminate drying costs. Line drying is not only good for your wallet but it’s also good for the environment. There’s also the added perk of the clothing smelling really clean and fresh. In winter you can hang the clothes indoors on drying racks. Even if you remove a few items from the dryer you are still saving money on electricity and the clothes tend to last longer.
4. Use High Energy Items at Night
Drying your clothing at night and running the dishwasher in off-peak times will save you on energy costs. Running the dryer at night can help heat the home in the winter and in the summer helps keeps your A/C from working overtime with the hot sun. Remember to run the washer, dishwasher, and dryer at night.
5. Adjust Thermostat
Adjusting your thermostat up a few degrees in the summer and down a few degrees in the winter can add up to some MEGA savings! Like hundreds each year! This is especially true in winter if you have electric heating. For those in warmer climates remember to keep your blinds closed in the HOTTT months to help keep the home cooler.
6. Use Ceiling Fans
Ceiling fans can help heat in winter by pulling hot air down and cool in the summer by pushing the hot air up. The fans use less energy than heating or a/c costs. Ceiling fans have two settings one is to pull the air up the other is to push it down. You will see the switch on the main casing for the fan.
7. Dryer Balls
Using inexpensive wool balls or tennis balls can help decrease drying time for your clothes and towels To save even more money you can use aluminum foil balls. Using dryer balls also eliminates the need for fabric softener which helps reduce costs on laundry supplies.
8. Replace Light Bulbs
Replace old light bulbs with LED or CFL’s. The bulbs last about 10 years on the average and will save you a pretty penny on your electric bill.
9. Turn Down the Water Heater
Most water heaters come from the factory with a default temp of 140 degrees Fahrenheit. Turning down the temperature to 120 degrees will save money on your electric bill and more than likely you won’t even notice the difference in the water temp.
You may also want to insulate your water heater to save even more!
10. Change/Clean HVAC Filters Monthly
HVAC filters should be cleaned or replaced every month to save on your electric bill. Replacing them monthly can also help avoid unnecessary repairs that can be costly. Purchase the filters in bulk to save even more.
11. Contact Electric Provider
Many electric companies have cost-saving programs available. For example, here in Florida the company FPL (Florida Power and Light), has an “on-call” program. By signing up you receive monthly credits to your bill. This program allows them to shut off your water heater, A/C unit or pool heater in the event of power outages to help converse the energy that is available. Mainly in the case, there is a hurricane. Point is check with your provider to see if they offer a cost-saving program.
12. Seal Windows and Doors
Seal windows and doors to prevent the air from outside to come in and create higher energy bills. Drafty doors and windows can tack on quite a few dollars each month to your bill. In the winter time, you also want to make sure you keep your windows covered.
13. Invest in a Programmable Thermostat
Programmable thermostats are absolutely amazing! You can set the thermostat to change temperature automatically at certain times of the day. You can make the house warmer in the summer months when no one is home to help with savings and cooler in the winter months when no one is home. Also, changing the temp once everyone is asleep and won’t notice adds even more savings.
14. Change Shower Head and Faucets
Changing your shower head and faucets to low flow = less water usage (savings) and less energy use. The low flow conserves water allowing it to heat faster, hence the energy savings. In general, the heads and faucets pay for themselves in a few short months.
15. Upgrade Appliances
Upgrade your appliances to energy efficient if it’s in your budget. Personally, I replace them as they break. That way I get full usage out of the money that was already spent on them. Newer appliances also referred to as “Energy Star” have a sticker on them that tells you approximately how much money you will save yearly with the appliance.
With a few simple money saving techniques, you can crush your electric bill this year. Implementing even just a few of these top 15 ways to reduce electricity bills tips will add up to some really great savings. Use your electric bill savings to pay off debt, add to savings, or save up to purchase those new energy saving appliances we talked about.
Any of these 15 tips will save money on your electric bill immediately. So get started and let’s CRUSH these electric bills!
Over to you…….
What are some ways you save on your electric bills? Share below so we can save even more.