The one thing that is constant about average electricity rates is that they will keep increasing with time. So you cannot expect your power bills to come down unless you take certain steps to make your home more efficient. So what should you be doing to reduce your electric bill and increase your savings?
1. Replace All Lighting with LED Lights
The latest energy-efficient LED lights can reduce your lighting costs by up to 80%. That is a significant amount of savings on what you spend on lighting your home. Besides, LED lights have proven to be cost-effective investments in the long-term because they can last for more than a decade. Thus, the savings go beyond reduced power bills, as you will not have to spend as much on replacing the lights often.
You can imagine the amount of savings from this step, based on the following facts:
- Lighting makes up around 5% of an average home’s electricity usage
- Led lights can use anything from 70% to 90% lesser energy
- These lights can also last up to 25 times longer compared to traditional lighting
2. Save Energy in Heating Water
Do you know that water heating consumes the second highest amount of energy in an average home? A good strategy to instantly save on your electricity bills is to reduce the amount of hot water you use in your home. There are many areas where hot water is used in a home. This includes:
Washing clothes in normal water is one step. Reducing your shower time is another one. You can lower the default temperature on your water heater and fix any leaky faucets to further increase the savings.
You can save hundreds of dollars a year by using cold water for laundry. Choosing a shorter washing cycle is also an excellent way. Since the machine dryers use a significant amount of energy, you can switch to hanging the clothes out on the line.
3. Make Your HVAC System more Efficient
The HVAC system is the biggest power consuming system in your home. So this is where you can save the most on your electricity bills. The key is to make the system more efficient. Some of the steps you can take in this regard are as follows:
- Upgrade the HVAC system with the latest ones
- Change the air filters every month
- Reduce the usage on pleasant days
- Set the thermostat temperature at the highest temperature you can bear
4. A More Efficient Kitchen
There are so many steps you can take to make your kitchen more efficient to reduce your electricity bills.
- Refrigerator: This home appliance continues running 24 by 7, making it one of the biggest power consuming devices in your home. Set the fridge’s temperature around 4°C. The freezer should be set between 15°C and 18°C. The refrigerator’s door should be sealed tight.
- Dishwasher: Run the dishwasher when it gets full. Use it in economy mode to save more.
- Cooking: How you cook also has an impact on your home’s power bill. Use microwave in place of the oven to save energy. Cook larger amount of food at a time and keep leftover meals in the refrigerator for the next day.
5. Replace Old Appliances
The latest ENERGY STAR appliances can use up to 50% lesser power compared to your old devices. So make sure to replace all your inefficient appliances with the latest ones certified by the EPA. You should know that your appliances consume over 10% of your energy bills.
6. Unplug Electrical Devices When Not in Use
Electrical devices can consume a tiny amount of electrical power when they are plugged in but turned off. This power consumption is known as ‘phantom load’ and it can be as high as 6% of your average electricity consumption. So make sure to unplug appliances when not in use.
So follow all these tips to lower your electricity bills and increase your savings.