How to Maximize Savings in Your Home

Posted Apr 7, 2017

When you are thinking about different ways you might be able to save money around the house, the tendency is to think big. Maybe you need to upgrade to a more energy efficient furnace, or it could be time to install a new central air conditioning system. Maybe it is even a good idea to switch to solar or geothermal power.

But before you do any of that, you may want to try some quick and easy ways to save money around the house with the equipment you already have. Here are 10 great ways to cut your power usage and keep those energy bills down without investing a lot in new equipment.

1.Seal Up Your House – No matter how energy efficient the heating and cooling systems are in your house, you will be using more energy than necessary if your house is not tightly sealed. Make sure there are not cracks or places where drafts can get in and you will start saving money right away.
2.The Right Thermostat Setting – Are you really going to notice the difference between 72°F and 69°F? Probably not, but you will save about 3% off of your monthly heating bill for every degree you turn the thermostat down. The same goes in the summer too, just backwards.
3.Programmable Thermostats – And while we are on the subject of thermostats, it is a good idea to invest in a new one with programmable settings. That way you will be able to set your house to be warm when you will be there and you do not have to pay to keep it warm all day long if it is empty.
4.Water Heater Temperature – Most hot water heaters are set to about 140°F. However, you really only need your water to be at 120°F. So turn down the hot water heater and you will save a lot.
5.Ceiling Fans – Ceiling fans can help keep you cooler in the summer and warmer in the winter. Plus, they cost very little to run so they are a great investment.
6.Light Bulbs – Switching to energy efficient fluorescent bulbs all over your house will save you a ton even though they cost a bit more to begin with.
7.Lights Out – But energy efficient bulbs will only get you so far. You should also be sure to turn off the lights in any room you are not using.
8.Insulation – Proper insulation will go a long way towards keeping in the temperature controlled air that you want and keeping out the outdoor air that you do not.
9.Power Strips – Many home appliances draw a small amount of power even when they are not turned on. Use a power strip to easily cut the power to them completely and eliminate that drain.
10.Sealing Windows – Plenty of air can come and go through your windows as well. Upgrading to more energy efficient windows is certainly an option, but you can also help to seal up your home inexpensively by covering your windows with plastic.

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