Home Ownership

9 Ways to Save Money on Your Home Energy Bills

Prices keep steadily rising, so many homeowners are looking to cut their expenses wherever they can – and home energy costs are a serious budget buster these days. 

Fortunately, there are many simple and effective strategies you can use to reduce your energy consumption and lower your monthly bills. Let’s take a look at nine good ways you can keep more of your hard-earned money in your pocket. 

1. Install a Programmable Thermostat 

One of the simplest ways to save money on home energy bills is to install a programmable thermostat – especially if there are long stretches of time when nobody is at home. If you learn to use one effectively, you can save on your energy bills without sacrificing your or your family members’ comfort. 

A programmable thermostat allows you to set your heating and cooling systems to turn on and off automatically at pre-set times. This can help you save money on energy costs by ensuring that your home is only heated or cooled when someone is in the home. In summer, you can set the thermostat to increase the temperature during the day when you are away at work or school and lower it again when you come home. 

2. Use Energy-Efficient Light Bulbs 

Another simple way to save money on home energy bills is to switch to energy-efficient light bulbs. Traditional incandescent bulbs are very inefficient and waste a lot of energy, so the costs can add up quickly. 

Energy-efficient light bulbs, such as LEDs, use much less energy and can last up to 20 years – which is drastically longer than the approximately 1,000 hours you’ll get from a traditional bulb. While energy-efficient bulbs may cost a little more upfront, they will reduce your energy consumption and lower your monthly bills.

3. Seal Pesky Air Leaks 

Air leaks are among the most common causes of energy waste in the home. Air leaks can occur around windows, doors, and other areas where there are gaps or cracks in the walls. 

When cold air seeps into your home in the winter, your heating system has to work harder to keep the warmth within your home’s walls. In the summer, the same issue also causes your AC to work overtime – and both are expensive. Take steps to seal gaps around windows and doors with weatherstripping or caulking and add draft stoppers at the bottom of doors.

4. Insulate Your Home 

Insulating your home is another effective way to save money on energy bills. Insulation helps to keep warm air inside your home in the winter and cool air inside in the summer by trapping air that would otherwise seep right through the walls or roof. 

If your home is not properly insulated, you may be losing a lot of energy through the walls, roof and windows. Adding insulation to your home can be a big project, but the savings and comfort you realize in the end is absolutely worth it.

5. Upgrade Your Appliances 

Another effective way to save money on home energy bills is to upgrade to energy-efficient appliances. Older appliances, such as refrigerators, dishwashers, and washing machines, can use a lot of energy and drive up your monthly bills. 

By upgrading to energy-efficient appliances, you can reduce your energy consumption and lower your monthly bills. Look for appliances with the Energy Star label, which indicates that the appliance meets strict energy efficiency standards that will ultimately save you money.

6. Get Power Strips 

Many electronic devices, such as televisions, computers, and game consoles, continue to draw power even when they are turned off on “standby power.” 

To reduce standby power consumption in your home, you can use power strips to plug in your electronic devices and adopt the habit of switching off the strips when those devices aren’t in use.

7. Use Natural Light 

Finally, one of the simplest ways to save money on home energy bills is to use natural light whenever possible. 

Not only does opening the blinds or curtains allow you to turn off a lot of artificial lights during the day and reduce your electric consumption, but it can even boost your mood and productivity levels – so that’s an extra bonus, especially if you happen to work remotely.

8. Hang Out a Clothesline 

This is a very simple but effective way of lowering your energy costs in good weather. Clothes dryers use a lot of energy, especially if you have a big family. 

Using a clothesline to dry some of your clothes can significantly reduce your energy consumption and lower your monthly bills. In addition, air-drying your clothing is gentler on fabrics, helping them last longer. If you have limited outdoor space, consider using a drying rack, instead.

9. Keep Your HVAC System Well-Maintained 

One more idea to save money on home energy bills is to maintain your HVAC system. Your heating and cooling systems account for a significant portion of your energy consumption, but most people don’t think much about them until they’re malfunctioning. Without regular service and repairs, however, they won’t run efficiently. 

Make sure to change the air filters regularly, clean the outdoor AC unit and schedule an annual tune-up with a professional HVAC technician to keep things running smoothly. By taking care of your HVAC system, you can save money on your energy bills and avoid expensive emergency repairs.

When you take simple steps to reduce your energy consumption, you can save money, reduce your carbon footprint, and create a more comfortable and sustainable home environment. So why not give these strategies a try and see how much your bills drop?