5 Ways to Save Money on Your Energy Bills

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Are you sick of paying those high energy bills each month? I know I am! I bought my house in 2011, and it was fully equipped with insulation-free walls and cracked windows… You see, my house was built in 1943. It’s a gorgeous house and I love calling it my home, but it absolutely kills me when it comes to energy bills. By using these 5 energy-saving techniques, I was able to reduce my energy costs by over 20%! With my recent bills, that’s about $30 in my pocket each month.

1) Close Off Those Empty Rooms

My house consists of 3 bedrooms, 2 baths, and a full basement. All in all, it’s about 1,700 square feet. I love all the room, but guess what, I’m just one person, and I really do not need to use every room in the house. So, if I’m not spending any time in any of these rooms, why would I want to spend the money to keep them heated (or cooled)?

This winter, I have completely closed off two of my bedrooms. The register vents are closed and the bedroom doors are closed as well. By closing these rooms off and stopping the heatflow, I have effectively canceled out 300 square feet of space from my energy bills.

2) Automated Thermostat

I leave the house every morning at 7:30am and don’t return until after 5pm. While I’m gone, there’s absolutely no reason for me to heat the empty house for 9 hours. By spending an extra $40, I could automatically reduce the heat while I’m gone and save big on my gas bills. For those of you that have pets, simply put them into a separate room that’s heated, and then close off the vents to the other rooms. This will effectively do the same thing. Your pets will stay comfortable, and your pocketbook will thank you.

3) Compare Rates

Granted, there aren’t that many energy providers in any given city, but there is typically more than one! So why not run a rate comparison? Energy Helpline is a great place to shop around for a better rate.

4) Unplug Your Electronics

Did you know that each one of your electronics is drawing electricity, even though they are all turned off? This doesn’t sound like a big deal, but think about all of the various items you have plugged into the wall right now. A few lamps in the living room, a blender, toaster, and coffee maker in the kitchen, and then the various radios and TVs that are plugged in all over the house. Each one of these electronics could be sucking 10 cents per day from your savings account. Sure, it doesn’t sound like much, but if you have 10 items plugged in, you’re losing a dollar a day, or $365 a year!

5) Be Original, Read a Book

Don’t get me wrong, I definitely don’t mind watching TV, but do you understand how much time and money you are wasting when you plop yourself down in front of that picture box? Let’s just think about the costs. Of course you are spending electricity to watch it, but also there’s the cable costs, not to mention the opportunity costs. If I watched TV every evening, I would be foregoing another activity, such as reading a book. Instead of letting your brain turn to mush with your television, I suggest that you pick up a book and learn something new. Who knows? It could even be fun! 🙂

Do you have anymore energy saving ideas? Please feel free to share!

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Money

Derek

AUTHOR Derek

My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.

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