Find Local Electricity Savings Opportunities
Looking for new opportunities for energy savings? There are plenty of places to start, but the best way to save on electricity costs is to reduce your overall consumption. The less you use, the more money stays with you!
There are lots of chances to save on electricity that depend on your location and lifestyle, but there are also many chances for local energy savings that can benefit any home or business. Here are four simple ways improve your local electricity savings and give less of your hard earned money to electric companies.
- Lower your thermostat:Heating and cooling makes up more than half of a typical American home’s energy spending and is a great place to boost your energy savings. You can save on electricity or natural gas by just decreasing your heating or air conditioning settings while you are asleep or at work. Reducing your heating or air conditioning setting by 15 degrees for 8 hours per day can get you 15 percent energy savings on your bills. That’s money back in your pocket, without sacrificing comfort.
- Use less hot water: In most homes, water heating is the second largest energy consumer and makes up about 18 percent of a typical energy bill. An easy way to spend less money on heating water is to reduce your water heater’s temperature to 120 degrees. This is plenty hot for showering and cleaning dishes, but prevents any risk of scalding water. Another easy way to reduce hot water spending is to wash laundry with cold water. Thanks to new detergents, cold water can effectively clean your clothes while consuming 90 percent less energy than a hot wash.
- Install energy- efficient light bulbs: If you’re looking for money and energy savings, there’s more to shopping for light bulbs than checking the price tag. In standard incandescent light bulbs, 90 percent of the electricity consumed is given off as heat. CFL and LED light bulbs are much more energy- and cost-friendly options and can save you about $6 per year for every light bulb you replace. Even better, these bulbs can give you long term, sustainable energy savings. A CFL bulb can last 10 times longer than an incandescent bulb and a LED can last 25 times longer. In the end, you could save on electricity and spend less on light bulbs. That’s some serious savings!
- Shop for a new electricity plan: One of the best local electricity savings opportunities is for residents and businesses in deregulated markets. If you live in a deregulated area, you can choose rates from a variety of electric companies to find a plan that best fits your needs. Taking a moment to shop and compare what different electric companies have to offer could result in savings over the long run.
Local electricity savings help you save money
Let’s face it; nobody wants to spend their money on electricity. But taking some time to reduce your energy consumption can help you have more to spend on the things you do care about. Reducing your consumption not only helps you save on electricity, it also helps electric companies keep their costs down, which may lower rates for everyone. At the end of the day, using less electricity will help you manage your budget and you won’t dread your monthly bills from electric companies. For more in deregulated markets, give us a call today.