How to Save Money by Saving Energy

How to Save Money By Saving Energy in Your Home

Everyone likes saving money.  There are a great many ways to go about saving your money for a rainy day, but did you know that you can save up to $500 a year by just reducing the amount of energy you use by about 25 percent?  It’s true, the average American household spends about $2,200 a year on utilities and by reducing your energy usage by 25% you could potentially save up to $500 a year.  Roughly 40 percent of your total energy usage goes into heating and cooling so this is going to be the primary focus of your efforts to reduce your energy usage, but it doesn’t just stop there.  There are many simple and effective ways to save energy.

Let’s look at some of the best ways you can save money and reduce your energy usage.

Install a programmable thermostat

Today we have some very sophisticated thermostats that allow you to program your desired temperature down to every single hour of every single day of the week.    You can use the programmable settings to automatically adjust your thermostat down in the mornings and evenings and up in the middle of the day giving you the most for your money.

Check for air leaks in your home

Check windows and door frames for tight seals that don’t let air in or out to improve the efficiency of your heating and cooling.  Additionally, inspect your heating and cooling ducts to make sure they are not leaking either as this can seriously reduce the effectiveness of your system.

Turn off lights and electronics when not in use

Anything in your home that’s plugged into a wall or generates light should be turned off when it’s not in use.   There’s no reason to leave a light on in another room when you’re not in there.  Just like it doesn’t make sense to keep appliances or televisions on when they aren’t being used.   Obviously, there are some exceptions such as your refrigerator but you might want to consider using a power strip for your microwave and coffee pot to make turning off your appliances and kitchen gadgets simple and easy.

Air dry clothes and dishes

Consider using a laundry line to hang clothing to dry instead of using the dryer.  Also, get a drying rack for your dishes, or dry your dishes with a towel so you don’t have to use the dishwasher’s heat drying feature.

Lower your water heater’s thermostat

If you have an electric water heater you may want to consider lowering the thermostat to 120 degrees, as this is the lowest temperature recommended. Any lower isn’t acceptable, as bacteria can otherwise build up in the water tank.

Buy energy efficient appliances

Purchase energy efficient appliances that use less energy than their older counterparts. The money you think you’re saving by not getting a new refrigerator could be wasted on the electricity needed to run your old, vintage model.