Thursday, May 15, 2014

Save Money: How To Reduce Your Utility Bill This Summer

Are you one of the many Americans who dread opening up your utilities bills each month? Fortunately, there are several ways to cut down on your utilities. These six tips can be a great way to get started with your monthly savings.

Turn off your electronics


It may be tempting to leave your TV or stereo on at night, or maybe you forget to switch off the lights when you leave a room. However, these costs can add up over the course of a month. Before you leave the house or go to sleep, do a quick sweep to make sure your electronics are switched off. This is especially important for charging laptops and cell phones. Take a quick look around your home before leaving for the day, and especially before long trips. You may be surprised at how much electricity you are using when you don't need it. Common sources that are often overlooked include: kitchen appliances like toasters, charging computers or phones, electronic shavers and power strips.

Upgrade your appliances


Switching to energy efficient appliances can save you hundreds of dollars on your utilities. Your AC units, dishwasher, and washer and dryer can all be replaced with a high-efficiency model. In addition, many local and state governments offer financial incentives to homeowners who choose to upgrade to more efficient appliances. Air conditioner installation is a simple process with the help of professionals, and can save you a bundle for years to come, says the experts at Cydcom Services Ltd

Choose your light bulbs carefully


If you choose to purchase energy efficient light bulbs, not only will you save money on your electricity bill, but you will also save money in replacement costs. Although energy-saving light bulbs are initially more expensive, an energy-efficient light bulb can last seven times longer than a normal light bulb and costs you much less on your utilities. You won't end up having to keep going to the store to buy more light bulbs either, making it much easier to maintain as well. 

Install an irrigation meter


A little known fact about your water bill is that you are actually charged twice, once to pump the water into your house, and again when you pump it into the sewage system. By installing an irrigation meter, instead of pumping the water back into the sewer, you can use it to water your lawn or garden. The meter will be measured each month by the utility company and subtracted from your water bill.

Buy a programmable thermostat


A programmable thermostat can also help you save money on your heating and air conditioning costs. You can use a programmable thermostat to keep the temperature cooler in the winter and warmer in the summer when you aren’t home during the day. This is an easy way to save money without making a conscious effort everyday. By having the programmable thermostat, you can set a temperature for your home each day or night, and not worry about constantly changing it or forgetting to turn it down when you aren't home.

Turn down your water heater


Setting your hot water heater on a higher temperature can cost you hundreds each year in standby heat losses. Most hot water heaters are set at 140 degrees, but by turning the temperature down to 120 degrees, you can save even more money on your monthly utilities bills. When you have company over or need to use more hot water, you can turn it up temporarily to save you money. Hot water is more expensive than many people realize. You should also consider doing your laundry with cold or warm water as often as possible. Using hot water for all loads of laundry costs the average homeowner hundreds of dollars each year.

Bills for your electric, water and gas can be expensive, but by following these six steps, you can greatly reduce your monthly utility expenses. Expenses that you can control can make a big difference in savings at the end of the year.

1 comment:

  1. There are many people I know who neglect to turn off their lights/AC/etc while they are gone. It really adds up, and it's so simple to just turn it all off!

    ReplyDelete

Join 1000's of People Following 50 Plus Finance
Real Time Web Analytics