Most Americans are probably spending more on their utility bills than they should be. The average residential monthly electric bill is just over $110, according to EIA.gov. If everyone took the proper steps to lower their utility bills, that cost would be much, much lower. If you feel like youâ€™re overpaying on your utilities, here are some ways you can cut costs.
1. Get New Siding
Old siding thatâ€™s loose, cracking, or holey can wreak havoc on your electric bills. It lets air leak through and can create a moisture problem in your home. Your energy bills will skyrocket as a direct result.
Because replacing your siding requires a large investment, most people try to put it off until the last possible moment. However, youâ€™ll have to get new siding at some point (or else risk leaks and animal infestations), and prolonging the inevitable will only cost you more in the long run. Look into replacing your siding as soon as your homeâ€™s siding begins to deteriorate.
2. Replace Your Windows
Old windows have a very similar effect as old siding. Over time, the seals and glass begins to crack or loosen, letting precious, temperature-controlled air escape. New windows can restore your utility bills to more manageable levels.
Look into higher quality windows like Beechworth Fiberglass, which has the look and aesthetics of wood with a stronger, longer-lasting seal. An addition of quality windows like these can lower your home utility bills by more than 50 percent!
3. Use LED and CFL Light Bulbs
The incandescent light bulb is on its way out the door, but many people still use them because they seem to be cheaper than LEDs or CFLs. In reality, youâ€™ll spend more on incandescent light bulbs in the long run.
This is because incandescent light bulbs use a high amount of energy for such a small unit in the house. About 90 percent of that energy is put towards heat while only 10 percent goes to light. For CFL and LED light bulbs, itâ€™s the opposite. These light bulbs use about 70 percent less energy and last longer and cost less to maintain.
4. Buy a Programmable Thermostat
Smart technology is an excellent way to save on your utility bills, and a programmable thermostat is an economical place to start. You can set your thermostat to turn on when youâ€™re home and turn off when youâ€™re away. That way, itâ€™s not heating or cooling an empty house.
For additional savings, turn the temperature down or up when youâ€™re sleeping. Thereâ€™s no need to set your temperature at maximum comfort levels when youâ€™ll be nestled in your blankets all night long. You can save money without losing your personal comfort.