Consumers likely spend a lot of money on their home’s monthly electric bill, but by taking the time to learn and
implement a few money-saving measures, they can cut those costs by 10 percent or more.
While consumers can take drastic steps to save money on their monthly power bills, there are also a number of steps they can take to cut costs while altering their day-to-day lives very little, according to a report from the U.S. Department of Energy. The federal agency has released a series of public service announcements to help educate consumers about these money- and energy-saving methods.
“Americans spend about $2,000 per household on energy every year – but many of them could save a few hundred of that without changing their lifestyle,” said Energy Secretary Steven Chu. “Many American families can take simple steps to reduce their energy bill, while making their homes more comfortable, and use that money for something they really need or want.”
One way consumers can cut their energy costs without making any major changes to their lives is by replacing the light bulbs in their house with models that consume less power, the report said. By switching 15 older fixtures in a home to more efficient bulbs rated by Energy Star, consumers can cut their costs significantly in two ways. First, these bulbs use only 75 or 80 percent of the energy, and can save as much as $50 per year. But they also last about 25 times longer than traditional incandescent bulbs, meaning they need to be replaced far less often.
Similarly, about 20 percent of energy bills come from the use of home electronics and appliances, the report said. By swapping out older models that are nearing the end of their life for those rated by Energy Star, consumers can cut the cost of their power bill appreciably without doing anything differently.
Finally, investing in a programmable thermostat that increases or reduces the heat or cooling, respectively, in a home by 10 or 15 degrees while the family is at work or school can save consumers about 10 percent of their total energy bills annually, the report said.