How to Lower Your Electric Bill

How to Lower Your Electric Bill

Summertime means it’s time to wind down from the long year and have some fun in the sun. But just as the temperatures go up, so does your electric bill! Here are a few tips to lower your electric bill and keep you and your wallet nice and cool this summer.

Clean or replace your air filters

This first tip sounds easy and inexpensive enough, but it’s often overlooked. Dirty filters restrict airflow and efficiency of the air conditioner, which means higher cooling costs.

Unplug the energy drainers

In this technology age most of us have tons of gadgets plugged into a power source at all times. Even if many are on standby, they’re still hiking up our electric bills. Get in the habit of unplugging the devices they aren’t in use, plug them into a power strip that can be turned off, or find other ways to reduce energy drainage.

Skimp on the chores

I can guarantee nobody will complain about this tip! It’s no secret that heat-generating appliances like the oven, clothes dryer and dishwasher create excess heat in the home. Pair that with record high summer temperatures and you get one hard working air conditioner. Try to limit the use of these appliances during daytime hours by cooking outside on the grill, or hanging your laundry outside to air-dry.

Replace your old lightbulbs

Replace old incandescent lightbulbs with CFLs (compact fluorescent lightbulbs) for one of the easiest ways to save money on your energy bill. Switch them out particularly in your most frequently used fixtures. CFLs last up to 10 times longer and use about 75 percent less energy.

Invest in an energy-efficient home

Many homebuilders are now offering energy-efficient or green homes, which include all of the newest eco-friendly technologies and modifications. This means big energy savings! If you’re not in the market for a new home, try investing in more energy-efficient blinds and appliances, better insulation materials or any other eco-friendly improvements. (Tip: Look for Energy Star labels for the greatest savings!) Rebates, incentives and federal tax credit are also offered for these types of home improvements, putting even more money in back in your pocket!

Adjust your monthly billing

If your electricity is deregulated you have the freedom to shop around for alternate suppliers, ask companies about time-of-use and fixed-bill plans or even negotiate your price per kilowatt hour.

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