5 Effective Energy Saving Tips to Save Money on Your Electric Bill

It’s that time again…your monthly electric bill has arrived and you are shocked to find yet another high electric bill.  One challenge many homeowners deal with on a monthly basis, is how to save money on their electric bill.

According to figures presented by the Energy Information Administration (EIA), the average residential home consumes 908 kWh with the monthly utility bill in the United States running around $105, with some states paying a lot more.  It’s okay if you’re really using that much energy in your home, but the truth is that you’re most likely not. Instead, you’re paying for wasted electricity – energy that you didn’t use.

Fortunately, there are a lot of ways that can help you save on electricity.  Follow these 5 effective and simple home energy saving tips and stop wasting electricity and start saving money!

Seal the leaks.

The first logical step in reducing your utility bills is to make sure that your home is not leaking energy. So, check for leaks on your doors, sills, windows, cracks on the walls, and joints. A home that is not properly insulated uses up more energy than necessary. Unfortunately, if your home was built before the 1980′s it belong in this category.

Sealing up air leaks in your house will reduce your air conditioning costs as well as heating costs. Caulk or seal places where utilities come into your home (plumbing, electricity, dryer vents, etc.). Fill gaps around chimneys and place weatherstrip around drafty windows and doors.

Use your thermostat control wisely.

Install a programmable thermostat so you can vary the temperature according to when you're home. Set it to 78 degrees when you're home. If you'll be gone for more than a few hours, it makes sense to set the air conditioning at 85 degrees while you're gone.

Remember, your thermostat will not adjust as quickly as you want to. So, whether you gradually switch it or instantly set it on its lowest, you will basically get the same result. The only difference is that you’ll spend more energy in doing so.

Be wary of seemingly small things.

Let’s admit it – it’s easy to overlook a lot of seemingly small things, like leaving lights on when you aren’t in the room or forgetting to turn your computer off.  It’s even easier to overlook that you’ve left your iPod charger, your cell phone charger, and other similar electronic gadgets plugged in 24/7…after all, they don’t consume as much energy as your other appliances, right?

But it’s important to remember that these small things do add up.  And these small things can add as much as 5% to your electric bill.  Don’t forget to unplug electronic gadgets and turn off lights when not in use.

Cool it down.

Do you know that your water heater contributes about 12% of your monthly utility bill? Reduce hot water temperature and save.   Set your water heater to the "normal" setting or 120-degrees Fahrenheit.  Insulate the first 5 feet of pipe coming out of the top of your water heater or the whole length until the pipe goes into the wall if that is less than five feet. Pipe insulation is available from your hardware store and will help make an impact on your savings

Avoid opening the refrigerator door frequently.

Remember how often your mom told you to keep the refrigerator door shut? Well, there’s a good reason for that – leaving the refrigerator door open increases your home energy consumption. Every time you open your refrigerator door, heat rushes in so it has to consume more electricity to maintain its internal temperature.

These five simple and practical home energy saving tips can keep you from wasting electricity and paying for energy that you haven’t used.  Think of all the things you can do with the savings you’re about to get!