Chris Peach: I now know why my Dad had an obsession with turning off lights, closing doors, and unplugging random appliances in our house – Utility Bills Suck! They’re expensive and they take up a large chunk of our monthly budget. I can still remember going to the mailbox when I was a kid (it was one my chores and I was not paid for it – I know, borderline child abuse) and getting our electric bill from Arizona Power Supply. I would carefully set it down on the table and wait patiently in the other room because I knew it would be coming soon….
“Chris & Sheila, get in here! What the heck are you guys doing, and do you think money grows on trees around here?!”
Now that I am an extremely mature adult :)…. I get the privilege to open up my own utility bill from the same electric company my Dad battled with…..and it still sucks.
However, one thing we decided to do (in addition to telling the kids to turn off the lights) was to manage our utility bill the best we could. Kayla is going to share with you our top 4 ways to save on utilities so your bill doesn’t suck as much and is a bit more budget friendly.
This is the time of year when I dread getting my utility bills in the mail each month. The cold winter air means that my utility bills are much higher than they were just a couple of months ago. This is just another reason why spring and fall are my favorite times of the year. Nice weather = Lower Utility bills. 🙂
4 Ways to Lower Utility Bills so they No Longer Suck
1. Sign-Up for Bill Averaging
Many utility companies offer bill-averaging or what some companies call an equalizer plan. With this program you will pay the same amount for your utilities every month all year-long.
Usually you have to apply for the program once a year and at your renewal each year you will have to pay the difference if you go over on your energy usage. If you used less energy than anticipated, you will receive a credit on your billing.
This is an awesome tool for you to use for your monthly budget because you won’t have to worry about the month-to-month fluctuations of your utility bills, which is simply one less thing you need to worry about or estimate each month inside your budget. Win.
2. Install a Programmable Thermostat
Installing a programmable thermostat doesn’t take a lot of time or work, but it can pay off big time. Programmable thermostats will allow you set different times of the day so you aren’t heating or cooling your home when the house is empty, but then turning on before you get home so your house is just like it was when you left.
Click image below to get the exact same Programmable Thermostat we use in our home
If you are the gadget-lover, then you can take this a step further by installing a “smart” thermostat that you can control from your phone. This is a little more expensive to invest in than a regular programmable thermostat, but it’s much more convenient if you don’t have a set schedule. For example, let’s say you’re going to be out of town for a week and you don’t want to pay for the high utility costs that you aren’t using. If you had a “smart” thermostat, you could program it from your smartphone to turn on, off, or whatever you prefer prior to you getting home.
Click image below to get the Smart Thermostat you can control from anywhere in the world
3. Use Energy Saving Devices
There are a lot of energy saving devices available on the market today to help you save on your next utility bill. Some of the easiest things you can do are installing plastic on your windows in the winter to help insulate your house for the colder climates or applying a tinted film to your windows if you live in a hotter climate to decrease the effects from the sun beating up on your A/C bill. You can and should also install energy saving light bulbs whenever an old bulb burns out, and rolling up a towel and placing it in front of your doors or windows to help seal cracks that let heat and air conditioning out of your home.
4. Use the Cheaper Power
Many utility companies will have off-peak and on-peak times. Usually on-peak represents when the power company is supplying the most power and therefore the rates are higher. This is often Monday through Friday during normal business hours.
However, during the off-peak times of nights and weekends, the rates could be up to 75% less than during on peak hours. If you get in the habit of only using your major appliances during the off peak hours, this will result in massive savings throughout the entire year.
Chris Peach Pro Tip: We were able to lower our annual utility cost by 33% and then maintain that savings each and every year thereafter. There is a bonus trick that you will not find anywhere else when it comes to saving large amounts of money on your utilities. Click below to see the post.
No matter what you do, we can all agree that utility bills suck. Now you can go out and try these 4 utility-saving strategies to start lowering the amount they suck the money from your bank account…… and your life.
Hey, I Want to Hear Back from You!
Do you have any tips, tricks, or ideas to lower your utility bills each month that I didn’t mention? I would love to hear from you. Just leave a comment below and share whatever you can 🙂 If you have a link to a relevant post, go ahead and include it. There are millions of dollars out there floating around in overpaying on utilities. Let’s take some of that money back!
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Be good to yourself, your friends, your love, and BE GOOD TO YOUR MONEY!