5 Tips for Saving Money on Your Electric Bill

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Who doesn’t want to save money on their electric bill? As the weather begins to cool, it’s time to start thinking about taking steps to reduce your energy usage. Whether you want to save money or contribute to a cleaner, greener planet, it’s time to start thinking about taking steps to reduce your energy usage. Here are 5 tips to help you start saving money on your electric bill.

Tip #1: Turn Your Phone Off When You Aren’t Using It

Not only is this a good way to save on your electric bill, it’s also a great way to conserve energy. Phones, laptops, tablets and other electronic devices use a lot of power, even when they’re not in use. By turning them off when you’re not using them, you can reduce your overall consumption and save some money in the process.

Tip #2: Unplug Unused Electronics

Even when electronics are turned off, they are still sucking up electricity. This “phantom power” comes from standby mode, which many electronics enter into after they’ve been turned off. To counter this, unplug any electronics that you are not using. This includes items like chargers, TVs, microwaves and blenders. If you have a lot of electronics, consider using a power strip so you can easily turn off all of them at once. And remember to flip off the switch when you’re done!

Tip #3: Keep the Heat Low During Winter

One of the best ways to save money on your electric bill is to keep the heat low during winter. In general, the colder it is, the more you’ll pay to heat your home. If you can keep your indoor temperature at 68 degrees or lower, you’ll be in good shape. Just be sure to bundle up! You might also want to invest in some thermal curtains to keep the cold out.

Tip #4: Use LED Bulbs and Appliances

Replacing your light bulbs with LED bulbs is one of the easiest ways to start saving money on your electric bill. LED bulbs use up to 80% less energy than traditional incandescent bulbs, so you’ll start seeing savings immediately. Not only do LED bulbs last longer, but they also produce less heat, so you’ll stay cool all summer long. Another great way to save is by using energy-efficient appliances. Older appliances use more energy and cost more to run, so it’s worth it to upgrade to newer, more energy-efficient models. Our new, high-efficiency washers and dryers not only save you time and money, but they’re also quieter and more gentle on your clothes.

Tip #5: Use Technology to Help You Save

There are plenty of apps and devices that can help you save money on your electric bill. For example, smart thermostats can help regulate the temperature in your home so you’re not using more energy than necessary. Similarly, smart plugs can monitor your energy use and help you understand where you might be able to make some cuts. If you’re looking for a little more guidance, our very own Live in Spaces app can provide you with energy reports and tips on how to save. With the help of technology, it’s easy to make small changes that can have a big impact on your electric bill.