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Tips to Conserve Energy and Save Money
April 12, 2017, by George Li

save money

Most people are aware that there are ways to save on home energy costs but don’t always know where to start. Saving money on your energy bill can be as simple as remembering to turn off lights when you are not in a room or making a few small changes to how you control your overall consumption. Investments such as smart thermostats or water pressure faucets can make a significant difference in your monthly bill and so can incorporating a few mindful tips that will become routine in no time at all.

Smart Thermostats

A small investment can really provide substantial savings. Smart thermostats are programmable devices that will automatically turn down the heat in your home while you are away at work or sleeping. Overall, this tends to save 10% on heating bills.

Take Advantage of Solar

Even during winter months, the sun can be used to help bring heat into your home. Leave your curtains and shades open during the day while the sun is facing your windows to help heat the room. On the flip side, by keeping shades closed during the evening and overnight will act as a barrier from drafty windows. If you do have drafty windows, consider purchasing curtains with thermal linings to reduce the amount of cold air that can sneak in.

Fridge Settings

Because your fridge is running 24/7, it is one of the most expensive appliances for energy usage. By making sure that the door is properly sealed and setting the internal temperature to 4 or 5 degrees and your freezer to -15 to -18, you can limit the amount of energy consumption. If you are in the market for purchasing a new fridge, go with a model that is Energy Star certified. By replacing a fridge from the early 90’s to an energy efficient model, the average savings is up to $150 per year.

Reduce Hot Water Usage

Making a few modifications to how you use hot water can add up and yield impressive savings over the course of a year. By lowering your water heater to the ‘normal setting’ you can save between 7-11% of your heating costs. Showers also use a lot of hot water which can add up. By installing low-flow faucets can cut up to 15% off your water heating bill and the difference is hardly noticeable. Also, by washing clothes in cold water you can reduce the energy consumption of your washing machine by a whopping 75%.

Reduce Standby Power Waste

 It is estimated that 10% of the average household electricity bill comes from gadgets on standby.

When a phone charger is left plugged in all day, it is still consuming energy regardless of if a phone is attached. Especially for electronic gadgets, laptops, and chargers, it is recommended to use a standby power controller that will automatically switch gadgets and appliances off when not in use.

With a few simple lifestyle changes, you can see savings of up to $500 per year.  So go on and get started! One thing is for certain and that is the money you have saved can be used for something much more rewarding and enjoyable than paying a utility bill.

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