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How to Save Money on Utility Bills Throughout the Year

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How to Save Money on Utility Bills Throughout the Year

February 10, 2022

Let’s be honest, nobody likes getting a high utility bill. It’s a constant worry, and with energy prices fluctuating, it’s more important than ever to take control of your spending. The good news is that there’s a lot you can do to reduce your bills without drastic renovations. This post is packed with actionable strategies you can implement right now to start saving.

Simple Changes – Big Impact

These are the easiest wins and don’t require any investment:

  • Adjust Your Thermostat: This is arguably the single biggest thing you can do. Even a few degrees can make a difference. In the winter, aim for 68°F (20°C) when you’re home and lower it when you're out. In the summer, 78°F (26°C) is a good target.
  • Unplug Electronics: Many electronics draw power even when they’re turned off – this is called “phantom load.” Unplug chargers, TVs, and other devices when you’re not using them. Consider using power strips to easily switch off multiple devices at once.
  • Use Natural Light: Open curtains and blinds during the day to take advantage of natural light.
  • Shorter Showers: Reducing your shower time by just a few minutes can save a surprising amount of water and energy.
  • Wash Clothes in Cold Water: Most detergents work just as well in cold water, and it saves a ton on heating the water.

Small Investments – Even Bigger Savings

  • Seal Drafts: Check around windows and doors for gaps and drafts. Use weather stripping or caulk to seal them. This simple step can significantly reduce heat loss in the winter.
  • Switch to LED Bulbs: LEDs use up to 75% less energy than incandescent bulbs and last much longer.
  • Install Low-Flow Showerheads and Faucets: These restrict water flow without sacrificing water pressure.

Seasonal Strategies

  • Winter: Insulate your water heater tank with a water heater blanket. Drain the water from your outdoor faucets to prevent freezing.
  • Summer: Use fans instead of air conditioning whenever possible. Close blinds during the hottest part of the day.
  • Spring & Fall: Schedule an energy audit of your home. Many utility companies offer these for free or at a reduced cost.

Don’t Forget the Big Picture

While the small changes above are great, consider longer-term investments like upgrading your windows or doors, or adding insulation to your attic. These projects have a higher upfront cost, but they will pay for themselves over time through reduced energy bills.

Reducing your utility bills doesn’t have to be overwhelming. Start with the simple steps and build from there. Every little bit helps!