The fall months have arrived and for many American households, this means experiencing an uptick in monthly electric bill costs. Is there anything you can do to cut costs without sacrificing comfort?
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Money expert Dave Ramsey’s site, Ramsey Solutions, shared a post about how to save money on your next electric bill. From programming your thermostat to changing out your light bulbs, follow these 13 tips to receive significant electric bill savings.
1. Conduct an Electricity Audit
This isn’t as complicated to do as it sounds. The post on Ramsey Solutions recommends calling in an expert from your local electric company for a free audit reviewing electric usage in your home. You can also conduct this audit on your own using free online electricity audit tools.
Once you have an understanding of what is driving up electric costs each month, you can start looking into inexpensive fixes and substitutes.
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2. Turn Off the Lights
One of the simplest ways to save money on electric bills each month is to turn off the lights.
Switch the lights off in rooms where you’re not using them and utilize natural sunlight by opening the blinds or curtains during the daytime.
3. Switch Out Light Bulbs
Another way you can save money on your electric bill is by switching to energy-efficient light bulbs.
Not only will making this switch help you save money each month, but the savings add up on a yearly basis. According to Ramsey Solutions, a typical Energy Star-certified LED light bulb saves households an estimated $225 in energy each year.
4. Air Seal Your Home
Have you noticed your doors aren’t sealed shut when closed or you can hear a whistling sound from your windows? This may indicate your home is experiencing an air leak.
How can you fix it? One affordable method is to air seal your home. The post on Ramsey Solutions recommends using weather strips for doors and windows and caulk to seal any leaky areas in air ducts.
5. Replace Your Air Filter
According to Ramsey Solutions, replacing your air filter should be done every three months. This ensures your HVAC system is better able to run efficiently and helps save money in the long run.
6. Shut the Doors
Remember to keep any outside doors closed when you have your furnace or air-conditioning unit on and running.
7. Program the Thermostat
If you don’t already own a programmable thermostat, consider investing in one for your home. Once you have a programmable thermostat, the post on Ramsey Solutions reads you can save more money on your electric bill by changing the thermostat when you wake up and adjusting it before you go to sleep.