3 Tips for Saving Money on Your Electric Bill

how can i reduce my electric bill save money on electricity

According to the U.S. Bureau of Labor Statistics, the average price per Kilowatt nationally in June was $0.145, compared to $.139 last year. Electricity costs are going up and will continue to rise along with other fuel costs due to recent global events.

Some homeowners have experienced a decrease in their monthly electricity bills. Yet, you might be asking, "How can I reduce my electric bill?"

Believe it or not, it's easier than you think if you make changes in your daily life and energy consumption. Want to learn how to cut your electric bill in half? 

We've got you covered. But before we get started, remember first to check whether you are on the best plan on your area and, if not, switch to the most advantageous tariff. For example, if you live in El Paso, TX, you should look for the best electric companies in Texas to ensure you get the best energy plan for you. You can use energy comparison websites like Electricityrates.com to help you compare all the different electric providers. 

If you live in Texas, chances are you use a lot of electricity on air conditioning among other essentials. Heating pools can also require large amounts of electricity. You might even be charging energy-sapping generators in case of hurricanes, tornadoes, or floods that occur almost annually in TX. That's why you should compare electricity rates in Texas to make sure you are getting the best price to keep your electric bill from skyrocketing.

Now that we got that information out of the way, here are more of the best-kept secrets to start reducing electricity bills today.

1. Carry Out an Energy Audit

Before you can lower your electricity bill, you need to know where your home and family stand when it comes to reducing your overall energy use. Conducting an energy audit will provide insight into how much power you're consuming and any problem areas.

While you can do it yourself, most utility providers offer professional audits. If you hire an energy expert, they'll give you a report of the audit you can keep for future reference. It's recommended to request an audit and discuss with the expert any strategies you can apply to trim your energy use. If you don't know where to start, swap out your regular or compact florescent bulbs for more energy efficient LED bulbs.

2. Harness the Power of Going Solar

You may think choosing alternate energy sources is the only way to help the environment. However, you should consider going solar instead to lower your electric bill. Installing solar panels can cost a lot, but it will pay off in the long run.

Consider consulting a professional solar panel installer to learn about your options and the potential cost of this investment. If you can't install solar power, you should check reviews on solar kits to meet your emergency energy needs. Depending on the solar energy generator you choose, you may be able to power a lot of your living space.

3. Conduct Regular HVAC Maintenance

You might be focusing on reducing electricity bills by getting a new contract with your provider. Yet, lowering this bill can be as simple as conducting regular HVAC maintenance. Do you change your HVAC filters every 90 days?

Are you bringing an expert to inspect your HVAC units from time to time? If you answered no, you should get on it as soon as possible.

While you may do some tasks such as changing your HVAC filters yourself, you should consider consulting a local HVAC company. You can even get a contract and have a technician take care of it. 

Read more about How to Become an HVAC Technician.

Taking Action After Learning the Real Answer to "How Can I Reduce My Electric Bill?"

Learning the real answer to "How can I reduce my electric bill?" is the first step to reducing electricity bills. Our tips are only a starting point. You should always look for ways to boost your home's sustainability.

If you're unsure where to start, use your energy audit results as a reference. Consider changing your light bulbs to LED, switching your appliances for energy-saving models, set up timers or sensors for lights, among other energy efficient strategies.

Reduce Your Electric Bill And Rejuvenate Your Real Estate

Did you find this article on lowering electricity bills useful? Scroll through the Real Estate section for more home improvement tips and articles to learn how to take care of your home. With electric and other utility bills skyrocketing, it pays to learn as much as you can about cutting energy expenses.

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