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8 Steps to Lower Your Electric Bill

May 20, 2014 | Personal Finance

If you’ve ever wondered how to cut down your electricity bill, here’s how in 8 painless steps. You’ll be on your way toward saving money and the environment in no time.

  • Wash clothes in cold water. Almost 90 percent of energy consumed by washing machines is used when heating water. So, cold water could save a lot of energy and dollars.
  • Invest in a space heater. Instead of using central heat; purchase a space heater to warm the room you are using. An electric blanket is another cost and energy efficient option.
  • Opt for a clothesline. Only use the dryer when you absolutely need to. Hang dry your clothes to help cut down energy. Remember: big appliances use big energy
  • Energy-efficient bulbs. Compact fluorescent bulbs are eco-friendly and will definitely help you save money. However, make sure you do your research, because the kind of bulb you buy will impact how much energy you save.
  • Replace air conditioner filter. Always clean the air conditioner filter. It can exhaust 5 to 15 percent more electricity.
  • Unplug electronics. Did you know electronic items still use energy when they are plugged in? Sixty to 80 percent of the electricity they use is consumed when they’re idle. If they are plugged into the socket, it’s using electricity. *
  • Clean lint filter in dryer. Much like the air conditioner filter, your lint filter is just as important. Dust particles impede the flow of air causing the dryer to work that much harder.
  • Purchase programmable thermostat. Programming your thermostat to control your heat and AC settings throughout the day could save you up to 33 percent on energy costs and trim down your carbon footprint at the same time. They are very affordable and will cost between $35 and $40.

Although you might spend money to save money, it is well worth it in the long run.

-Article originally spotted on POPSUGAR Smart Living 



* Gill, Kristine. “5 Clever Energy-Saving Tips You’ll Wish You Knew Sooner.” Real Simple,

The information provided is for informational purposes only and is not a substitute for professional financial advice. You should consult a credit counseling professional concerning the information provided and what should work best in your financial situation. And any action on your part in response to the information provided is at your discretion.

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