Tips for Saving Money on Energy

In these days when energy costs are rising faster than incomes, many of us are faced with lowering our costs to remain within our budgets. Whether salaried or hourly, it is difficult to increase our income without impacting our lifestyle. Therefore, we look to other areas where savings are possible.

In most things, several small changes in our habits can yield significant results. One of the best things a consumer can do is utilize the many services offered by their energy provider. Many electric companies and EMC’s offer free energy audits. These audits are conducted by employees of the energy company who are trained to evaluate existing and potential sources of losses of energy. These auditors will look at many aspects of one’s home, from attic and crawl space or basement insulation to energy escaping through doors and windows. After the evaluation, the auditor will compile suggestions for the customer that will aid in conserving energy. Some of these suggestions are free or inexpensive, such as outlet cover insulators, fluorescent light bulbs rather than incandescent, raising thermostat settings in the summer and lowering settings in the winter, vacuuming the coils behind the refrigerator, as well as under and behind appliances and using shades and other window coverings to maximize cool air flow and minimize sunlight heat. Other suggestions will require a larger initial investment but will yield substantial savings over time. In addition, some other these more costly suggestions may be eligible for rebates or tax incentives. Be sure to check with not only your energy provider, but also with your equipment supplier, installers, and tax advisor to maximize these potential savings. These suggestions may include updating to newer, more efficient appliances, replacing outdated air conditioning and heating units, adding or replacing insulation, replacing an old water heater or replacing single-pane windows and doors with more efficient double- or triple-pane windows and doors.