You may save hundreds of dollars per year by trying these methods

Costs Written on Chalkboard with Rising Arrow / Want to Save Money on Your Utility Bills? Try Following These Steps
Image: Pixabay
February 28, 2017

Rising fuel prices often lead to higher utility bills, which lead to empty wallets for consumers. Fortunately, there are several steps you can take to fight this increase in prices by saving on your energy bill.

  1. Turn down the thermostat.
  2. You can save roughly 10 percent each year on your energy bill by turning down your heat by 10-15 degrees every day for about eight hours. For example, if you have a programmable thermostat, set it lower for the times of the day when you will be away at work or asleep. If you're concerned about being too cold when you're at home, pile on some extra blankets or put on more layers.

  3. Turn down the hot water heater.
  4. You can also save energy—and money—by turning down the temperature of your water heater. Lowering the temperature from 140 to 120 degrees will not only reduce energy costs but will also slow mineral buildup and corrosion.

    You can save between $36 and $61 each year in standby heat losses—heat lost from the water heater into the surrounding basement or garage area—in addition to more than $400 in demand losses.

    Note that you may need to keep it at 140 if you have a chronic respiratory illness or suppressed immune system. If either condition applies to you, talk to your doctor before you lower the temperature.

  5. Seal the windows.
  6. Unsealed windows allow drafts to enter the house and heat and air conditioning to escape. There are many kinds of sealants available, and the money you will save by sealing will make up for the time and money you spend in doing so.

  7. Take shorter showers.
  8. Do you know how long your showers last? It's likely too long. You can save water—as well as $10-$130 per year—by reducing your shower time from 12 minutes to four.

  9. Air dry your laundry.
  10. Although dryers are convenient, they are expensive. They may account for up to 12 percent of electricity used by the average household. Try air drying your laundry instead and watch your energy costs drop.

References: Don't Waste Your Money