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Financial Health

10 Ways To Lower Your Energy Bill

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1. Check seals on windows, doors and appliances:

Make sure your fridge and freezer are well sealed to keep the cold air where it belongs. The same goes for doors and windows. A bad seal allows energy to seep out, draining your wallet in the process.

2. Fix leaky ductwork:

Improve the efficiency of heating and cooling systems by repairing leaky heating, ventilation and air conditioning ducts.

3. Give your thermostat a nudge:

Set your thermostat back 10 to 15 degrees when you’re asleep or away from home. Doing so for eight hours can lower your annual heating and cooling costs by around 10%. A programmable thermostat does the work for you.

4. Adjust your fridge and freezer temperature:

Set your fridge to 38 degrees and your freezer between 0 and 5 degrees. This will keep your food fresh, but your fridge and freezer won’t need to work as hard to maintain the temperature.

5. Take shorter showers:

Trimming two minutes off your shower time can cut your water usage by five gallons.

6. Replace your showerhead:

An efficient showerhead can reduce your water usage by 2,700 gallons per year. Look for one with the WaterSense label, which is certified to meet efficiency criteria set by the Environmental Protection Agency.

7. Don’t wash clothes in hot water:

Stick to warm or cold water when you do laundry and cut your per-load energy usage by at least half.

8. Fix leaky faucets:

That drip, drip, drip isn’t just annoying, it wastes gallons of water.

9. Adjust the temperature on your water heater:

The default temperature setting on water heaters is typically 140 degrees. Lowering it to 120 degrees can reduce your water heating costs by up to 10%. Leaving town for a few days? Turn your water heater to the lowest setting to conserve energy usage.

10. Swap out your lightbulbs:

Save $75 per year by swapping out the bulbs in your five most-used light fixtures with compact fluorescent or LED bulbs that bear the Energy Star label.

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