How to reduce energy costs

Darryl Bachmeier
Aug 6, 2020
Finance


Once you live on your own and start paying your utility bills, you may have a rough awareness of energy costs. If you have never thought about something like the use of electricity, it may take a minute to get into the habit of taking care of other appliances.

Why reduce energy costs?

Most of the homeowners are often searching the ways to save money and the environment, and one simple way to do this is by minimising unnecessary energy use. By updating or changing the way you use your home appliances, you can increase your home’s efficiency, protect the environment, and save convenience on your annual utility bills.

Here are some ways to reduce the use of electricity in your home:

Equipment and Electronics

Buy energy-efficient electronic items and use them efficiently. You can also use the advanced power strip to reduce “vampire loads” - electricity wasted when electronics are not used.

Lighting

Buy energy-efficient products, operate them efficiently, and attach more daylight to your home using energy-efficient windows and skylights.

Electric Space Heating and Cooling:

  • Buy energy-efficient electrical systems and operate them efficiently.
  • Incorporate passive solar design ideas into your home, including the use of energy-efficient windows.
  • Properly insulate and air seals your home.
  • Select an energy-efficient heating product that does not use too much electricity.

Electric Water Heater - Buy an energy-efficient electric water heater and run it efficiently. Alternatively, choose an energy-efficient water heater that does not use electricity.

Tips for reducing energy, power consumption

Shut down your computer

Computers are the most significant energy users in office buildings. Turn off your monitor at night and discard the screensaver. The option to stop using the screen saver does not affect your computer’s life.

Choose the right light

LED bulbs are the most potent lighting option. LED bulbs use 75% less electricity than incandescent bulbs (Energy Star). These have no mercury and last 25 times longer than traditional incandescent bulbs.

Eliminate vampire power: Unplug unused electronics

Devices such as televisions, microwaves, scanners, and printers use standby power even when disabled. Some chargers continue to charge small amounts of energy even when plugged in (this is a good judge if the charger feels hot to the touch). In the United States, passive electronics’ total electricity is equal to the annual output of 12 power plants.

Use the power strip to reduce your plug load

To avoid paying for this “vampire power,” use the power strip to turn off all devices at once. Flipping the switch on your power strip and unplugging each socket from the wall has the same effect as preventing the Phantom from losing power.

Make your refrigerator more efficient

Setting the temperature control of your refrigerator as close to 37 degrees as possible will reduce the power used by this power-hungry device - use a thermometer if the controls do not indicate temperature. It is also a good way to check the gaskets on the refrigerator and freezer doors to ensure they are adequately sealed to prevent cold air from escaping.

Install compact fluorescent light bulbs

Compact fluorescent bulbs produce light similar to conventional incandescent light bulbs but use only 1/5 of the electricity to do so. The last six times longer than incandescent lamps.

Install automatic light sensors or time sensors on outdoor lighting

Exterior lighting is a great way to improve your home’s security and control the appeal of your home in the evenings. However, if you rely on manual switches for outdoor lighting in the house, you can keep the lights on during the day.

Install solar-powered natural lights

Shining light on your landscape’s sidewalks and features is a great way to highlight your best outdoor lighting options, but, like other outdoor lighting options, if your lights are on during the day, they waste electricity. Altogether, remove your natural light from the grid with solar-powered lights.

Disassemble electronic devices when not in use

Although disabled, most home appliances such as mobile phone chargers, televisions, home entertainment devices, printers, computer monitors, and coffee machines still draw small amounts of power when not in use. Disassemble these devices or insert them into a power strip.

Buy EnergyStar-rated devices

EnergyStar devices are efficient which set the power usage levels for instruments and provide consumers with a metric used when comparing power usage to make a purchase decision. Although the advance for the most efficient EnergyStar application can be costly, its reduced power consumption can help prevent an initial investment.

Protect your home to prevent heat loss or intrusion

For families with electric furnaces, reducing the energy loss by adding more insulation to the walls will reduce the power consumption of the room or basement during the colder winter months. The same applies to electric air-conditioning units that expel cold air and hot air in the summer when cooling a home.

Add insulation to hot water lines and water heater

If your home has an electric water heater, you can reduce its power consumption by wrapping hot water supply lines in the foam insulation sleeves. You can find it at most hardware stores nearby you. Insulating the water heater in an insulation jacket will reduce energy consumption.

Upgrade your windows to new energy-efficient models

Just as insulation can conserve the energy produced to heat or cool a home, so can new energy-efficient windows. Even if closed, old windows will allow more heat or cooling to escape from a home. Purchasing and installing new replacement windows may qualify for local or federal tax credit or rebates.

If not in use turn off the lights

This is the easiest thing you can do to reduce energy waste, but it is often the most overlooked step a homeowner can take. One high-tech way to ease this easily forgotten task is to hire an electrician to install motion-sensing switches that automatically turn off the lights when a person’s presence is not detected.

Conclusion

All of the above tips will not significantly reduce your electricity bill. However, by implementing these energy-saving tips together, you can eliminate a large portion of your electricity costs.

With the above lifestyle changes, you can move on to a much lower electricity bill.

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