Keeping the lights on isn’t cheap – never mind the air conditioning, hot water heater, and furnace. In fact, the typical household will spend an average of $2,200 per year on utilities. Adjusting your usage doesn’t require much work and can end up saving you 25% on your next bill. Keep reading for new ways to lower your utility bill.
Heating and Cooling
Check seals on windows, doors, and appliances
A bad or broken seal allows the heating and cooling your paying for to flow out from your home. Make sure that your doors and windows are free from any damaged seals. The same goes for your fridge and freezer to keep the cold air where it belongs.
Fix leaky ductwork
Repairing any leaky heating, air conditioning, and ventilation ducts can improve the efficiency of your heating and cooling systems.
Install a programmable thermostat
Having a programmable thermostat can make your heating and cooling system even more efficient. When you’re asleep or away from home, set your thermostat back 10 to 15 degrees. Doing this for at least eight hours a day can lower your yearly heating and cooling costs by around 10%.
Take shorter showers
You can cut your water usage by 10 gallons if you trim 2 minutes off your shower time.
Replace your showerhead
Installing an efficient showerhead can reduce your water usage by 2,700 gallons per year. Be sure to look for one with the WaterSense label, as this means it is certified to meet efficiency criteria set by the Environmental Protection Agency.
Don’t wash clothes in hot water
In order to wash your clothes in hot water, your water heater must work harder and use more electricity. Reduce your per-load energy usage in half by using warm or cold water when doing your laundry.
Fix leaky faucets
The constant dripping from a leaky faucet can drain your wallet, all while wasting gallons of water.
Adjust the temperature on your water heater
Most water heaters have a default temperature setting of 140 degrees. Decrease the temperature to 120 degrees to reduce your water heating costs by 10%.
Power and Lighting
Purchase energy-efficient appliances
If you are looking into buying new appliances, be sure to only purchase energy-efficient models. Newer energy-efficient models are required to use 5.8 gallons of water or less, compared to the older models that can use more than 10 gallons.
Swap out your lightbulbs
Swapping out the bulbs in your home to compact fluorescent or LED bulbs can save you $75 per year.
*Statistics sourced from NerdWallet.