Raise your hand if you’re up for saving money! You’re in? Good, let’s take a look at the 12 best ways you can save on electricity.
When it comes to budgeting and saving money you need to factor in all of your monthly costs. The good news about todays mission of saving money on electricity is that it’s actually pretty easy and doesn’t take a lot of work.
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How To Save On Your Electric Bill
Depending on where you live utility expenses can be crazy expensive. Those who live in areas that are really hot in the summer can end up paying $500 a month during the peak days of the summer.
On the flip side those who live in colder climates can end up paying the same to heat their house during the winter.
It’s the little things that count when it comes to saving money! Every little bit you can do to reduce your utility costs will save you money in the big picture. I can’t wait to give you the info you need to save money year around on power around your house!
When you think of utility bills you most likely think of your power bill, your gas bill, water bill, trash and maybe even sewer. Have you ever taken the time to break each of these bills down to discover new ways to save money?
For me when I read headlines such as “Ways to save electricity” I think to myself I know! I know! I know how to save money. -I already turn the lights off when I’m not in the room and I make sure I shut the door when it’s cold outside.
However there’s more you can do! As I started exploring the various ways I could save money on electricity I realized there are discoveries I’ve never even heard of.
I was surprised at some of the different ways people go about saving and I realized that these techniques could be useful to you too!
Decrease Waste Of Electricity On Large Appliances
These days many people have energy efficient appliances. Dishwashers, washing and dryer machines all come in upgraded energy efficient models.
If you are a person who still has one of the simple top load washers without all the fancy energy saving buttons that’s ok but consider this.… Did you know that by upgrading your appliances you may actually save money on electricity each and every month?
I’m definitely not advocating that you should run out right now and get the top of the line energy efficient washer. But if yours is on it’s last leg it may be time to consider replacing it with an energy saving one that fits your budget.
2 Tips To Save Money On Electricity (That Everyone Can Benefit From)
Whether you have an energy efficient model or not these money saving tips for appliances will come in handy.
1.Run your appliances during off peak hours. Electricity companies charge a higher rate for using electricity during the peak hours of the day. If you are smart about when you run your appliances you have the ability to save approximately 50% on power.
You can determine if your power company charges higher rates for electricity by looking at your outdoor meter and following this guide.
A good rule of thumb to remember when trying to save money is to start your dishwasher during off peak hours. 9pm is probably a safe time for most people to start their dishwasher if they’re looking to save money.
2. Whether you are running the dishwasher or the washing machine remember to always run full loads. These machines will use about the same amount of energy no matter the size of the load, so fill it up.
Ways To Conserve Energy On Large Appliances
1. How To Save Money On Electricity When Using Your Dishwasher
Again fill it up! (I’m a pro at this- I have a couple friends who cringe when I load their dishwashers, I take “filling it” up to the extreme).
You can also let your dishes air dry as opposed to running them through the heated dry cycle to increase your energy savings.
2. How To Reduce Electric Bill When Using Your Dryer
Invest in some dryer balls! I always thought that dryer balls were just for reducing static cling. But guest what? Dryer balls can decrease drying time (aka lower your electric bill).
If you’re looking for a cheaper option than dryer balls you can use a good ole tennis ball and foil.
By combining tennis balls wrapped with foil you get the benefit of the foil for the static, and you get the benefit of the tennis ball for faster drying and fluffier laundry! By using dryer balls you can actually cut drying time by up to 25%.
Or better yet, eliminate the need for electricity by hang drying your clothes on a line out in the sun.
An Energy Saving Maintenance Tip That Will Reduce Your Energy Bill:
When using your dryer make it a habit to clean the lint trap regularly. By keeping your lint tray free and clean of debris you can reduce energy consumption.
3. Home Energy Savings Idea For Your Washing Machine
Always wash your clothes with cold water. This is something I do pretty much all the time– the only difference I notice is a cheaper electricity bill! By washing your clothes with cold water it requires less energy to wash which saves you money!
4. Reduce Your Electric Bill Costs By Being Smart With Your Fridge and Freezer
Did you know that by keeping your freezer full you can reduce the amount of electricity you use?
Did you know that by overstuffing your fridge you can end up paying more money? By cramming too much into your fridge you can block the air circulation making your fridge work harder to stay cold.
Working harder requires energy. We want to reduce our energy costs, so please please follow these energy savings tips!
- 38 Creative Ways To Save Money You Haven’t Heard Of
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- 13 Things That Are A Waste Of Money
More Energy Saving Ideas Will Help You Save On Electricity
5. Unplug unused appliances to save on power
Get in the habit of actually unplugging things. This one sounds so simple but I have to admit this is one of the more difficult things for me to do.
By leaving appliances (coffee pot, toaster, blender, lamps etc.) plugged in whether they are on or not they are drawing electricity. It’s just a little bit of power but this phantom electricity can add up to a good amount of money. This study estimates that $100 a year is spent on phantom power sources.
So what can you do? Instead of just turning off the light you were using actually unplug it.
A good way to make unplugging a bit easier on yourself is to invest in power strip. By using a power strip you can simply turn it off as opposed to running around the house trying to unplug every lamp.
6. Adjust your water heater temperature to reduce energy costs
The default temperature on most water heaters is 140 F. Heating water to 140 F can cost a whole lot of money and require a ton of energy.
I can’t think of anyone who takes a shower at that high of temperature so go ahead and turn it down a bit! According to the Department of Energy lowering the temperature to 120 F is perfectly fine for most people.
7. Invest in energy efficient products for your shower heads and faucets
By replacing your shower heads and faucets with low flow water savers you can save a ton of money, power and water. Try it, it’s the perfect trifecta! I bet you won’t even notice the change!
8. For Cheaper Electricity Bills Change filters And Keep Vents Clean
Let’s face it -everything works better when its clean. By keeping your vents and filters clean you can save money on electricity. For best results you should clean your air duct every 3-5 years and change your filters every 30 days.
9. Save Money On Bills By Adjusting Your Thermostat
A programmable thermostat can save you tons of money on electricity over the long run. If you don’t have one you really should consider upgrading because this is a good longterm investment.
Programmable thermostats are great because you can set your thermostat and not worry if you forgot to turn the heat off before you left the house for work.
I’m a big fan of adjusting your thermostat when you aren’t home to help save on electricity. By adjusting your thermostat just a couple of degrees up or down you will notice a big difference in your power bill.
10. Install Or Replace Weather Stripping For Cheaper Electricity Bills
This little piece of rubber can really help to cut costs and save on energy when it comes to heating and cooling your house. I suggest you take some time to go around your house and discover which doors you can install or even replace the weather stripping.
By keeping damaged weather stripping you can lose or gain a lot of unwanted air costing you a whole of lot money.
Additional things you can do to keep your home energy efficient is to cover drafty windows with plastic during the colder months. You can also add spray foam around windows to prohibit heat loss.
We went so far to install insulation pads inside our electrical outlets to help us save money on electricity.
11. Install Ceiling Fans To Reduce Energy Consumption
This is a bit of an upfront investment but the savings on your electricity bill will prove that the investment was worth it!
By circulating the air in your house it will keep it cooler in the summer and warmer in the winter. The great thing about fans is that they use way less energy than any heating or cooling system.
Make sure you adjust your fans for the season! Set them counterclockwise in the summer to bring down the cool air and clockwise in the winter to pull cool air up and push the warm air down.
12. Replace light bulbs with energy saving bulbs
As your bulbs burn out replace them with energy saving bulbs- compact fluorescent lights (CFLs) or LED bulbs. The department of energy says that by replacing five frequently used inefficient bulbs with an LED or CFL (LED’s are my favorite choice for lighting) you can save up to $45 a year. Check out this 6 pack from Amazon.
What Uses The Most Electricity In a Home?
While writing this article I became curious myself and hand to investigate what uses the most electricity in a home. Here’s what I learned:
Picture Source: Visual Capitalist
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Final Thoughts On Saving Electricity
I hope that you found these tips for saving money on electricity to be helpful. By everyone doing their part to reduce energy waste we can make our world a better place.
There you have it some of my top tips for saving money on electricity. Do you have any creative ways to save money on electricity you think would be helpful to other?