Saving money on energy in 3 easy steps

Last updated on March 10th, 2024 at 03:27 pm

With harsh economic times upon us, smart homeowners and even renters are turning to their energy bills as a source of potential savings. Let’s look at 3 dirt simple tips (or steps) that are proven to save money on energy.

  1. Turn down the thermostat in the winter. Chances are you’ve heard this tip before. Turning down your thermostat to 68 degrees F (or about 20 degrees C) in the cold winter months (or anytime that the furnace is on) will save you money on your energy bills. How much will it save? That depends on your home, the insulation, furnace efficiency, how high the temperature was set at and heat loss. But expect to save between 5 and 15% on your heating bill based on this alone. Remember, these are hypothetical savings – so don’t expect to reduce last month’s bill by 15% and expect that to be your new payment.
  2. Reduce your energy usage in other areas through smart conservation. All too often, we leave lights on when not needed. We leave the TV on for background noise. We use a space heater when a blanket or sweater is cheaper, portable, and more appropriate. Select appliance usage wisely. There isn’t a need to boil a whole pot of water for a cup of tea.
  3. Finally, prevent energy loss by actively looking for places where energy is being wasted or lost. This is actually easier in older homes, as energy problems are usually more apparent than in newer models. Take the time to look at your windows, your doors, entryways, outer facing closets, cupboards, and more for drafts. If you find them, see if you can find where the air is coming in or escaping your house. Then, fix the problem!

Honestly, saving real money – 20% or more every month on your energy bills – is easier than you think. Opportunities are waiting for you literally around every corner of your home. All you have to do is spend a little time looking for them. Once you find problems or areas where energy is wasted, take them one at a time and eliminate the problem. Your home will be more comfortable and you will save on your energy bills in the process.

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