6 Easy and Inexpensive Ways to Save Money on Your Utility Bills (Video)

Saving money on your electric and energy bills doesn’t have to be complicated or expensive. It could be as easy as installing low-flow aerators on your faucets, lowering the temperature of your water heater, sealing gap leaks under your doors, making minor adjustments to your thermostat, cleaning out your dryer lint trap and adjusting the rotation on your ceiling fan.

The fact of the matter is, there are several ways that you can lower your utility bill.

Sealing Gap Leaks Under Doors

Gaps under your doors can cause leaks that could force your furnace or air conditioner to work harder than they have to. You can purchase inexpensive sets of draft guards ($12 to $17 on Amazon) and slide them under your doors. The purpose of these guards is to block air and retain room temperature. And as an added bonus, these draft guards can also keep bugs and rodents out as well.

Install Low-Flow Aerators

Chances are, all of the faucets in your home have standard aerators installed on them. When you turn on your faucets, they could dispense between 1 to 2.2 gallons of water per minute. Replacing your aerators with a low-flow version could cut the volume of water dispensed to 0.5 to 1 gallon per minute. This lessening of water flow could significantly lower your water bill.

A 6-pack of low-flow aerators can be purchased on Amazon for around $9.

Lower the Temperature of Your Water Heater

Chances are, your water heater is currently set to 140 degrees which is the default temperature set by most manufactures. However, the Department of Energy recommends a temperature of 120 degrees. Lowering the temperature 20 degrees could save you as much as 20 percent per month on your electric bill.

Before turning the knob on your water heater to lower the temperature, please check your owner’s manual to determine how to set it to 120 degrees. If you don’t have a physical manual, you should be able to find one online.

Adjust Your Thermostat

Did you know that each degree you raise your thermostat during the summer or lower during the winter can save you as much as 3 percent on your electric bill. Sure, we like to be “comfortable” during the summer by lowering our thermostat to 68 degrees. And that’s OK if you’re willing to sacrifice your bank account for comfort.

You will be amazed how much money you will save on your electric bill just by raising the temperature. Try raising it to 78 degrees during the day and 80 degrees at night. Raise it even higher when no one is home.

The opposite strategy applies for the winter. If you normally have your thermostat set at 72 degrees, try lowering it to 68 degrees. This drop in temperature on your thermostat could save you $25 per month during the winter.

To make the job of controlling your thermostat even easier, consider purchasing a programmable thermostat which start at around $50 for a basic version. If you’re willing to invest more, consider purchasing a smart thermostat which start at around $200.

Clean Your Dryer’s Lint Trap

Chance are, the first thing that came to mind is simply pulling out the lint screen on the inside of your dryer and cleaning it. This step should be performed each time you use the dryer which will allow it to heat efficiently.

But there are two other steps you should perform on a regular basis in regards to your dryer. You should clean your dryer vent annually (you can either do it yourself or have it professionally done) and clean your lint trap monthly. You can use a vacuum with a crevice tool to clean your lint trap.

Adjust the Rotation on Your Ceiling Fan

If you look at your ceiling fan, there is a button on it which controls the rotation of the fan, either clockwise or counterclockwise. But the question is, why is that a necessary option in the first place?

Interestingly enough, your ceiling fan can be used all year long. During the warmer months of the year, operate your ceiling fan in the counterclockwise direction. This will produce cool air and move around cool air in the room.

During the colder months, you want your ceiling fan to run clockwise which will push heat that has risen to the ceiling down towards the floor. And as a final tip, when you leave the room, turn off the ceiling fan since it serves no purpose by running in an empty room.

 

These tips will help you save a decent amount of money on your electric and utility bills. And it doesn’t have to be an expensive endeavor.

2018-10-15T18:24:37+00:00 October 15th, 2018|