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5 Ways to Save Money On Your Utilities

Improving the energy-efficiency of your home is about consciously looking for ways and means of cutting down wasteful use and buying energy-rated appliances and electrical devices. Here are some tips on how to save money on your utilities:

1. Turn the heat down by a few degrees

If your thermostat is set to a fixed temperature round the clock, that is just a waste of power. It’s best to turn down your thermostat by 10-15 degrees every day for at least 8 hours. You can easily do this without compromising on your comfort as the thermostat can be turned down when you are at work or away. Doing this can help you save a minimum of 10% on your energy bills each year.

2. Lower the heating temperature on your water heater

Its commonplace for homeowners to keep their hot water heater’s temperature set at 140 degrees all year round. The recommendation is that you set it to 120 degrees; not only will you end up saving a significant amount of money in utility bills each year, but it will also help reduce the levels of corrosion and mineral buildup in the system.

By reducing the heating temperature of your water heater you can easily save between $36 and $61 annually just in standby heat losses (this refers to the heat lost from the hot water systems into the adjacent basement area). In addition, you can save over $400 in demand losses.

3. Seal the windows well

While sealing the windows may seem like a tedious job, it’s not that difficult to accomplish. When you make the effort to seal all your windows well that prevents drafts from entering the indoor spaces and you won’t experience any air-conditioning or heat loss from the interior spaces either. You can choose between insulation film, weather sealants etc. and it doesn’t take more than a few minutes to apply these.

4. Limit the amount of time you spend in the shower

If you cut down your showering time by at least 50% you can end up saving between $10 and $130 per year. If you have a large family and all your family members make an effort to do the same that can translate into significant savings on your utility bills. Apart from saving money on energy, you will be saving water too.

5. Give your dryer a break

Sure, it’s great to have a dryer, but if you use them sparingly and air-dry clothes more frequently, you will save a lot on energy costs. In an average household, a clothes dryer accounts for almost 12% of the electricity consumption. If you are air drying 7.5 loads each week, that amounts to $196 annually; it’s the amount you can save if you air dry your clothes.

Following these simple steps with regularity and it will help ensure that you are able to save money on your utility bills and you do your bit for the environment too. For any more information, don’t hesitate to get in touch with us at A&M Homes through our contact us page. We’ll be happy to help.