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Save Money on Utilities With These 7 Tips

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Anica is a professional content and copywriter who graduated from the University of San Francisco. She loves dogs and the ocean.

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Utility costs can comprise a significant amount of your household budget. With rising costs and many individuals too busy to notice how they use common utilities, these bills can eat up more and more of your income. However, a few simple actions can help you to save money on your utility bills so you can put more funds toward savings, vacations, and other needs.

Fill Cracks and Seals

You can save money on heating and cooling by following a few important tips. Caulk around windows and doors to prevent the loss of heated or cooled indoor air. Close the draperies to help keep rooms warmer during the winter months. In the summer heat, use window shades to block out the sunlight, which keeps rooms hot. Open the windows on summer nights instead of relying on air conditioning.

Update Windows and Doors

Sometimes you don’t have cracks in your windows or doors but the heat or cold from outside still seeps through the glass. If you find that the air around your windows is particularly hot or cold compared to the rest of your house, then it may be time to upgrade your windows or doors. Sometimes a double-pane window will be necessary for your home. In addition, newer windows are typically made with thicker material. Oftentimes, homeowners that update their windows find that they are saving as much as $70 per month during the winter months.

Update Your Lighting

Updating your lighting can help you to save money on electricity throughout the year. Today’s LED lighting offers excellent light capability, along with less frequent changing of light bulbs. Although LED light bulbs may be more expensive, the longer life more than makes up for the increased cost. You can also have your family develop the habit of turning out lights whenever they leave a room.

Reduce Your Water Use

If you pay for water, you can reduce your monthly bill throughout the year by implementing a few water-saving measures that won’t impact your comfort at all. Install water-saving faucets and showerheads. Only run your dishwasher when you have accumulated a full load. When doing tooth brushing or other washing tasks, don’t leave the water running as you brush or scrub. Turn off the water and only turn it on to rinse thoroughly.

Adjust Your Thermostat

As the season change, so should your thermostat settings. Oftentimes, homeowners keep their homes at the same temperature year-round. However, as the temperature outside decreases, so should the settings on your thermostat. Typically, 20 degrees is the biggest difference recommended for your home thermostat. If the temperature outside is 100 degrees, then generally, the lowest you should set your thermostat is 80 degrees. If it’s 20 degrees outside, then 40 degrees is the recommended temperature when it comes to saving money. However, at that point, you need to decide if you want to push your thermostat a little higher.

You can also use space heaters and fans to help control the temperature in your home. This can decrease the effort that your HVAC system needs to put in to keep up with the settings you have on your thermostat.

Negotiate Your Phone and Internet Costs

Phone and internet services seem to increase their costs every year. Without careful monitoring of your bill, it can have a big impact on your monthly service costs. You can generally acquire a lower rate for phone and internet service if you negotiate with your carriers. In some cases, bundling phone and internet service can be the key to lower rates.

Balance Trash and Recycling

Most communities have different prices for trash and recycling bins. Plus, you may be charged per bin. If your recycling bin is cheaper than your trash bin, then you should consider either improving your recycling process or purchase products that are easier to recycle when you’re done with them. Unfortunately, some areas have a more expensive recycling bin than trash bins. When this is the case, it may be worth considering how you feel about throwing away recyclable items to save money. It isn’t good for the environment, but if the $10-$50 per month makes it so you can’t pay your mortgage or rent, then it is worth seriously considering.

Consumers have the ability to manage the cost of their utilities if they take the time to make a few changes to their usual habits and routines. If you combine all of these cost savings, you will notice a dramatic difference in the amount of money you spend on utilities during an average year.

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