While it would be lovely if everyone always had the money they needed to get by, that is unfortunately not the case for many Americans. An incredibly large number of people are living paycheck to paycheck, which makes saving money for the future nearly impossible.
There are many factors and reasons behind why many Americans struggle to get ahead financially, but one of the biggest is their monthly bills. In addition to the mortgage or rent you have to pay, you also have subscriptions, power bills, energy bills, internet, and more. The costs of these vary but can add up quickly. For example, the average American spends well over $100 a month on electricity alone.
Thankfully, there are some ways you can lower the costs of your home energy, which could save you hundreds of dollars or more every year. This blog post is going to go over three great tips on how to lower the cost of your home energy.
Consider Switching to a New Provider
One of the best ways to lower the costs of your energy is to look into switching your provider. Not all areas of the country have this luxury, but if you do, be sure to take advantage of it. Different providers will have different rates and there is a good chance you can find a better deal than what you are currently paying.
While you could directly reach out to each energy provider, this can often be a long process. Instead, consider heading to a site like EnergyBot for personalized electricity rates and expert analysis. This can help you see the different prices and deals your local providers are offering, which will make your decision easier.
Utilize Smart Home Features
A big way to cut down the energy costs you pay every month is to reduce your usage. One of the best ways to cut down the usage of your energy is to use smart home features. These include motion sensors, a programmable thermostat, smart light bulbs, and potentially several others.
These often give you more control over things like the lights and temperature in your home. Many will allow you to remotely change them or set them on specific timers. By having more control, you can be more precise when you want these things off or on, and will waste less energy and electricity.
For example, in the past, if you wanted your home to be cooled with AC when you got home from work, you’d have to run it all day. But with a programmable thermostat, you can have the air automatically go on a mere 30 minutes before you come, which drastically reduces your usage. This is just one of several examples of these features cutting your usage down to size.
These smart home additions to your home are becoming much more affordable and commonly available from numerous brands and retailers. Not only can these lower your costs, but a home with smart features is very desirable for buyers. So these additions to your home could also assist in raising it’s value if you eventually decide to sell.
Watch For Leaks, Cracks, and Drafts
This tip is one that not many people will think about but is very important. In order for your heating and cooling to be effective, you need to ensure your home is completely closed and sealed. If doors or windows are open, it can let the hot or cold air out, which means you’ll need to run the furnace or air conditioner for longer periods.
While your doors and windows might be closed, there could still be leaks or cracks that are letting air in or out. They often materialize around windows, doors, or even exterior walls themselves. So be sure to inspect these areas often to make sure there is no draft coming in. If you find some, be sure to patch them up as soon as possible.
We hope the tips and information in this article have been able to help you learn how to lower the cost of your home energy.