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Unplug These Appliances That Hike Up Your Electricity Bill
Kameleon007 / Getty Images/iStockphoto
Kameleon007 / Getty Images/iStockphoto

Hold on to your wallet. Due to inflation and prices surging for natural gas, heating oil and other fuels, you will see a significant rise in your utility bills. So if you've opened your electric bill only to be shocked by the amount owed, you've already seen the change. According to The U.S. Energy Information Administration, electricity prices will increase by 3.9% from June to August of 2022, compared to the electricity prices during these months last year.

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Figuring out how to reduce your electric bill can be as simple as figuring out what's costing you the most. To do this, you can follow a simple formula to determine how many kilowatt-hours (kWh) a device is using in a month or year, and then find ways to cut back where possible.

Kilowatt-hours are essentially a way of measuring how much power a device uses in an hour of being turned on. If you look at most appliances, they will supply a wattage or a range of wattages the device operates at -- how many watts it burns in an hour. Once you have the wattage, simply divide that by 1,000 (to convert the watts to kilowatts) and then multiply by how many hours a day you use the item. That will give you a basic figure for how many kilowatt-hours a day you're using with that item.

From there, you can use the U.S. Department of Energy's number for the average U.S. utility rate of $0.14 per kWh, or you could get more specific and get your rate straight from your energy provider. Based on what your costs are, you can then determine which appliance or device is the actual energy vampire and what's not really using much electricity.

Here are some changes you can make that will save you a significant amount of money on your electric bills. 

KatarzynaBialasiewicz / Getty Images/iStockphoto
KatarzynaBialasiewicz / Getty Images/iStockphoto

Random Energy Suckers

There are certain devices that still suck power even after they're turned "off" -- and that's a major issue. You need to be aware of how many are actually continuing to draw power even when they're not on, including devices like your computer, instant-on TVs, surround sound systems or even cable and satellite TV boxes. For that matter, anything with a built-in digital clock is pulling a little juice.

The National Resources Defense Council estimates that almost a quarter of the energy used by your home is consumed by idle devices that aren't even on. It is estimated that the average household in Northern California spends between $210 and $440 a year on energy vampires and the country as a whole spends $19 billion a year for electricity it's not really using.