10 Ways to Save Big on Your Utility Bills
Household utility bills are an essential part of life. But that doesn’t mean you have to be stuck paying more than is necessary. It’s important to take some time every so often to examine what you can do to save money on bills. You may find that there are lots of ways you can shave expenses and put your money to better use. Even small changes can make a big difference to your budget. Here are 10 great ideas for saving money on your utility bills:
1. Make sure your meter matches. Check your electricity bill to verify it matches your meter usage. You may be able to avoid charges for electricity you haven’t used. If your meter usage is lower than the utility bill, a quick call to the electric company can fix the issue.
2. Set your water heater to 120 degrees. According to The Environmental Protection Agency, heating water to 140 degrees wastes between $36 to $61 each year. You can also turn your electric heater off when not needed to save even more.
3. Use energy efficient appliances. The next time you’re purchasing a new appliance, opt for a more modern energy-saving model. Not only will this reduce bills, but many states offer tax incentives or rebates for these types of appliances.
4. Get rid of drafts. Heating a home that has many cracks through which hot air can escape is a waste. Seal up windows and door frames with expanding foam for a more reasonable heat bill.
5.Have a nightly checklist. Before you go to bed each night switch off all unnecessary appliances. Leaving your cable box in standby mode could cost you over $17.00 per year according to the Department of Energy. Make this a simple habit and save money year around!
6. Get a programmable thermostat. According to the EPA, you can save $180 a year by installing a thermostat that regulates temperatures. Avoid paying to heat or cool your home when the family is out.
7. Don’t pre-rinse dishes. If you use a dishwasher to clean your dishes, pre-rinsing only adds to your water bill. Most modern dishwashers can handle dirty dishes, so let them do their job for you.
8. Air dry everything. Skip the hairdryer and the tumble dryer, especially in summer. It takes a little more time for clothes to line-dry but the savings are worth it.
9. Never let the water run. This rule is a classic for a reason. Long showers and leaving the tap running while brushing your teeth add to your water costs.
10. Earns rewards when paying your utility bills. Switch to paying your bills with a credit card that offers rewards points. Be careful to pay the balance on the card in full each month to avoid extra charges. Earning bonuses on essential expenses is a great way to get something back for your money.