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7 Tips for Lowering Your Electricity Bill

January 26th, 2023

With inflation and the price of living hitting record highs recently, it’s important to save money on your bills wherever possible. This winter, many homeowners were hit particularly hard with their electricity bills, which is why our experts at Evergreen Home Buyers have compiled a list of 7 tips for lowering your electricity bill so you can cut your energy costs and save some extra money.

1. Addressing Your Lighting Setup
One of the most obvious ways to lower your electricity bill is by addressing your lighting setup. You’ll want to turn off lights that are not in use and consider switching to LED lights throughout your home. Another great suggestion is to install dimmer switches, so you only use as much light as you need.

2. Lowering Your Thermostat
A second suggestion to reduce your electricity bill is lowering your thermostat. Even lowering it by just one degree can help you save on your heating bill by 5-7%! In addition, remember to lower your thermostat when you’re away from home to save even more money.

3. Adjusting Your Laundry Habits
You may not realize just how much energy your washer and dryer use, which is why adjusting your laundry habits is important when trying to lower your electricity bill. You’ll want to do bigger loads of laundry less often, and you may consider adding dryer balls to speed up the drying process or opt to air dry your clothes after they’ve been washed.

4. Eliminating Phantom Loads
Did you know that a shocking 75% of the energy used by home electronics is consumed when they’re turned off?! To eliminate phantom loads, you’ll want to use smart strips, which are power strips that turn off ports when they’re not in use or get in the habit of unplugging unused electronics.

5. Utilizing Your Curtains
In an effort to conserve energy, you may want to utilize your curtains to regulate the temperature inside your home. By simply closing your curtains at night and opening them during the day you can increase your room’s temperature by an average of two degrees!

6. Upgrading to Energy Star Appliances
If your appliances are 10+ years old, it might be time to upgrade to energy star appliances which are up to 25% more energy efficient than standard appliances. Although you’ll need to spend money on new appliances, it can save you big bucks in the long run when it comes to your electricity bill.

7. Preparing Your Home for the Colder Months
Preparing your home for the colder months is critical, particularly if you live somewhere where the weather is constantly below freezing in the winter. Prepping your home might include installing weather stripping and storm doors or even double-checking that your home is properly insulated.

Final Thoughts
Unfortunately, unless you’re considering installing solar panels (which can be another good option!), the reality is that you’ll always be getting a monthly electricity bill. As you can see, there are certain strategies you can implement to try and lower the cost of your energy consumption; however, for some homeowners, their electricity bill, on top of all their other financial obligations, is becoming too much to handle, and they’re considering moving. If this is the case for your family, don’t stress – we have an alternative option for you.

At Evergreen Home Buyers, we will purchase your home for cash AS IS, making the process entirely hands-off for you with no repairs, inspections, appraisals, or contingencies necessary. Plus, we can close in as little as two weeks! So, for a completely quick and painless way to sell your home for cash faster, visit today.

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