How Low Can You Get Your Electric Bill?

How Low Can You Get Your Electric Bill?

Unless you totally disconnect and get off the grid, odds are you will never achieve a zero electric bill. After all, there are minimum charges, taxes and fees you will get billed for even if your electric meter doesn’t make a turn. But how low can you get your electric bill and where should you spend your efforts? Here are some thoughts.

Your HVAC

Your “big users” are the appliances that use the majority of the electricity in your home (over 10%) and are worth paying particular attention to. The biggest, of course, would be if you heat or cool with electric heating and air conditioning. There are several ways to reduce HVAC electric costs, including making sure your system is relatively modern and efficient. You can also adjust your thermostat accordingly and either close or open windows and blinds to adjust to seasonal changes.

Water Heater

Your water heater may be using up to 15% of your total electricity. If you have a full size water heater but a small family, consider downsizing your tank or using an on-demand system. There are also solar water heater systems that will heat your water without electricity.

Washer and Dryer

Only operate washers and dryers with full loads to maximize power use. Try drying lighter weight items on a clothes line or rack. Don’t dry clothes on a higher setting than necessary. It is estimated washers and dryers account for about 13% of the average electric bill.

Lighting

Many of us lose focus on how much lighting contributes to our electric use. In fact, at 12%, lighting is just behind washers and dryers in contributing to our electric bill. Replace bulbs with more energy efficient or LED bulbs and turn off the lights in rooms that are not in use.

Refrigerators and Ovens

Using about 4% each, refrigerators and electric stoves can contribute up to 8% of energy use between them. While there’s not much you can do to reduce use of these items, you may want to pay attention if you have an extra refrigerator in the garage or basement. An old refrigerator may end up costing you more than it is worth. If you need extra refrigerator space, consider an energy-efficient apartment size unit as opposed to repurposing an old refrigerators.

Of course, the rest of your electric bill will be a combination of power used for computers, cable boxes, TVs, radios and small appliances. The best you can do is keep charging cords unplugged when not in use and computers off when idle.

What could you do with an extra $20-$50 per month? Consider going on an electric diet and see how low you can go.


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Search All Blogs

Generic filters

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Generic filters

Read More Blogs

Blinding Brightness: Navigating June Sun Glare and Your Auto Policy

Squinting into the sunset? Learn the insurance implications of sun glare accidents and why a healthy windshield is your best safety tool this June.

The Smoke and the Spark: Protecting the Ultimate Father’s Day Backyard Upgrade

Is Dad’s new smoker covered? Discover how high-end outdoor upgrades impact your home insurance limits before the big Father’s Day reveal.

Only One Earth: The Surprising History of World Environment Day

Happy World Environment Day! Discover how a 1972 global meeting sparked a movement that helps us protect our “Only One Earth” every June 5th.

Resilient Operations: Small Business Continuity in the Face of Summer Storms

If a storm knocked out your power for a week, would your business survive? Learn the essentials of Business Interruption insurance and storm-proofing your operations.

The Ultimate Seatbelt: Why Life Insurance is the Core of National Safety Month

You wear a seatbelt and a helmet—why wouldn’t you wear a financial safety net? See how Life Insurance fits into your National Safety Month goals.

Beating the Heat: Protecting Your Vehicle (and Your Rates) as Temperatures Rise

High heat means high risk for your car. Discover how a simple tire pressure check can prevent a high-speed accident and keep your insurance premiums low this June.

The June 1st Warning: Securing Your Sanctuary for Hurricane and Storm Season

Hurricane season starts today. Learn why you can’t wait until a storm is named to secure your home and why “Flood vs. Water Backup” coverage is the most important distinction you’ll make this year.

In Flanders Fields: Why We Wear Red Poppies on Memorial Day

Why the red flower? Discover the moving history of the Memorial Day Poppy and the woman who made it a global symbol of remembrance.

Beating the Heat: OSHA Compliance and Liability for Outdoor Workers

Summer is heating up. Protect your employees and your business from heat-related illnesses with our guide to National Heat Awareness Day.

Beyond the Holiday: Using Memorial Day to Discuss Family Financial Security

This Memorial Day, honor the past by securing your family’s future. A guide to transitioning from military to private life insurance.