Are you looking for ways to save money on your electricity bill? If so, you’re in luck! In this blog post, we’ll share four simple ways that you can reduce your energy usage and save money. So whether you’re looking to make a long-term investment or just want to save some money in the short term, keep reading for tips on how to slash your electricity bill.


Saving Money on Your Electricity Bill 

It never hurts to have a little extra cash stored away–a rainy day fund, if you will–and there are lots of creative ways to save money. One way you can start saving money is by making some changes to the way you use electricity in your home. Even small changes can make a big difference on your electric bill, so it’s worth taking the time to learn about some of the different ways you can save. Here are a few tips to get you started:


How to save on your electricity bill at home

1. Heating and Cooling

Around half of the average home’s energy use goes towards heating and cooling, so it’s no surprise that this is one of the biggest areas to focus on if you’re looking to save on your electricity bill. Fortunately, there are a number of easy ways to cut down on your heating and cooling costs. 

Check the seals on your windows, doors, and appliances 

A single cracked window can let in a draft that causes your heater to work overtime, and a poorly sealed door can do the same for your air conditioner. Likewise, leaky appliances can add up to big electrical costs. So take a few minutes to check the seals on your windows, doors, and appliances–it could end up saving you big time on your next bill.

Make it a habit to shut your doors

Many people don’t realize how much energy they waste simply by leaving doors open. Every time you open a door, heat escapes from your home in the winter and cool air escapes in the summer. As a result, your heating and cooling system has to work harder to maintain a comfortable temperature, which uses more energy and drives up your electricity bill. You can save money on your energy bill simply by making it a habit to shut doors as soon as you enter or leave a room. 

Fix leaky ductwork 

If your home has central heating and cooling, chances are you have ductwork that delivers conditioned air to each room. Over time, this ductwork can develop leaks, allowing precious air to escape before it ever reaches its destination. To help keep your costs down, it’s important to regularly check your ductwork for leaks and have them repaired as soon as possible.

Make sure your thermostat is in the right location 

It may come as a surprise, but the location of your thermostat can actually have a big impact on your utility bills. During the winter, you want to make sure your thermostat is located in a spot where it can accurately gauge the temperature of the room. If it’s placed in a spot that’s drafty or near an exterior door, it will think the room is colder than it actually is and run longer than necessary. 

In the summer, you want to avoid putting your thermostat in direct sunlight, as this can cause it to overcompensate and cool the house more than necessary. By strategically placing your thermostat in the ideal location, you can save yourself a lot of money on your heating and cooling costs.

Adjust your thermostat 

One of the best ways to save on your heating and cooling costs is to adjust your thermostat. When it’s hot outside, set your thermostat a few degrees higher than you normally would. You might not feel as comfortable, but you’ll save money on your energy bill. 

In the winter, do the opposite–set your thermostat a few degrees lower than normal. You can also save money by using a programmable thermostat. This way, you can set different temperatures for different times of day, and you won’t have to remember to adjust the thermostat yourself. 

Adjust the temperature on freezers and fridge 

Most people keep their fridge set at around 35 degrees Fahrenheit, but your food will still be fresh if you set it a few degrees warmer. Likewise, your freezer only needs to be set at 0 degrees Fahrenheit in order to keep food frozen solid. So, by making a small adjustment to the temperature settings on your fridge and freezer, you can save yourself some money every month. 

Keep your freezer full 

A full freezer not only uses less energy to stay cold, but it also helps to keep your fridge cold. That’s because the ice in your freezer acts as a giant heat sink, absorbing heat from the air and keeping the temperature low. So if you’re looking to save some cash, make sure to keep your freezer stocked. And if you don’t have enough food to fill it up, consider investing in some ice packs or other bulk items. Your wallet will thank you!

2. Water 

A typical household uses a considerable amount of water for cooking, cleaning, and laundry, and this can add up quickly. By taking some simple steps to reduce your water use, you can make a big difference in your electricity bill.

Cut back on using the water heater 

Water heaters are one of the biggest energy hogs in your home. But there are a few simple things you can do to cut back on their water usage and, in turn, save on your electricity bill

For instance, if you’re only washing a few items, use the ‘quick wash’ or ‘energy saver’ setting on your washing machine. This will use less hot water and take less time to complete the cycle. When it’s time to do dishes, scrape off food waste instead of rinsing them under hot water. 

Get the water heater temperature a few degrees down

Most water heaters are set to around 140 degrees, but you can save energy (and money) by turning it down to 120 degrees. You probably won’t notice the difference in temperature when you’re taking a shower or doing the dishes, but you will notice the difference on your monthly bill!

Take shorter showers

A shower uses a lot of hot water, and the longer you stay in, the more water you use, obviously. Cutting back on your soaking time is something small that can make a big impact. 

A lot of people don’t realize that there’s peak showering times as well. Showering during off-peak hours (usually early morning or late at night) will help to lower your bill since energy costs are typically higher during peak hours. 

Replace your showerhead with an efficient one 

Simply replacing your showerhead can make a surprising difference on your electricity bill. A standard showerhead uses approximately 2.5 gallons of water per minute, while an efficient showerhead uses less than two. That may not seem like a lot, but it can add up quickly over the course of a month. Many newer, efficient showerheads often come with built-in water-saving features, such as pause buttons or low-flow settings, which can further reduce your water usage. 

Use cold water when doing the laundry

You may not think to consider your clothes when trying to save money on electricity, but it turns out that the way you do your laundry can have a big impact on how much electricity you use. For example, did you know that washing your clothes in cold water can save you money? That’s right–by using cold water instead of hot, you can actually reduce your energy usage by up to 90%. Not only are you doing good for your wallet, but you’re doing your part for the environment as well!

Fix your leaky faucets 

A single dripping faucet is not only annoying, but it can waste hundreds of gallons of water each year, and that wasted water has to be pumped through the system, using up electricity. Additionally, leaks can cause serious damage to your plumbing fixtures and pipes, leading to even higher repair bills. So if you have a dripping faucet, don’t wait, get it fixed as soon as possible. You’ll save money on your water bill, your electricity bill, and any costly repairs down the road.

3. Power and Lighting 

One of the best ways to save on your electricity bill is to be more energy-efficient with your power and lighting. And there are plenty of ways to save on these things without sacrificing your comfort or safety. Here are a few tips to get you started:

Use a smarter light bulb

While traditional incandescent bulbs are cheap to buy, they’re very inefficient, wasting up to 90% of their power as heat. LED bulbs, on the other hand, are much more efficient, using up to 80% less energy than incandescent bulbs. 

In addition, LED bulbs last much longer–often for tens of thousands of hours–so you won’t have to replace them nearly as often. And, while LED bulbs used to be quite expensive, prices have come down dramatically in recent years, making them a very attractive option for anyone looking to save on their electricity bill.

Install a dimmer

Dimmers help to regulate the flow of electricity, which can in turn help to reduce your energy consumption. By installing a dimmer, you can not only save money on your electricity bill, but you can also help to extend the life of your lightbulbs. The use of a dimmer can also help to create a more inviting and relaxing atmosphere in your home. 

Use smart power strips 

One of the biggest drains on your home’s electricity can be all those little devices that are always plugged in and drawing power, even when they’re not in use. To combat this, plug your electronics into a smart power strip. 

A smart power strip is a device that automatically cuts off power to devices that are not in use. For example, if you have a lamp and a TV plugged into the same power strip, the power strip will sense when the TV is turned off and will cut off power to the lamp as well. This helps to save energy and money, and best of all, you can set it and forget it!

Leverage on motion detectors

There’s no need to keep your lights on all day and night–that’s just a waste of electricity! Motion detectors are a great way to save power and money. Simply install them in strategic locations around your home, and they’ll automatically turn the lights off when there’s no one around. 

You can even get creative with where you put them. For example, you could put one in your closet so that the light only comes on when you’re actually looking for something. Or you could put one in the hallway to light up when someone walks by. 

4. Appliances and Others 

We all love our appliances; they make our lives easier and more comfortable. But they can also be a real drain on our finances. Here are a few tips to help you save money on your appliance usage:

Purchase energy-efficient appliances 

While these appliances may cost a little bit more upfront, they’ll quickly pay for themselves in the form of lower energy bills. Energy-efficient appliances are designed to use less electricity while still providing the same level of performance, so they can help you save money year after year.

Use smaller appliances

One easy and often overlooked way to save money on your electricity bill is to simply use smaller appliances. For example, instead of using your full-sized oven to bake a small batch of cookies, try using your toaster oven. Not only will this save you money in the long run, but it will also help you avoid heating up your whole kitchen when all you really need is a small space. 

So next time you’re thinking about ways to save on your electricity bill, consider breaking out the smaller appliances. You may be surprised at just how much of a difference they can make.

Use your dishwasher

Many people believe that running the dishwasher is a waste of water and electricity. However, that’s not always the case! If you have a newer dishwasher, it’s probably more energy efficient than hand-washing your dishes. Newer dishwashers also come with a variety of features that can save you water and electricity, such as half-load settings and energy-saving modes. 

Load your dishes correctly

One of the biggest mistakes people make when loading their dishwasher is putting all of the heavy items on the bottom rack. This not only makes it more difficult for the water to reach all of the dishes, but it can also damage the dishwasher over time. Instead, try to evenly distribute the weight by placing heavier items on the top and bottom racks.

Another common mistake is overcrowding the dishwasher. While it may be tempting to cram as many dishes as possible into each load, this can actually reduce the efficiency of your dishwasher. When dishes are too close together, they can block the water sprayers and prevent them from doing their job. As a result, your dishes won’t come out as clean and you’ll end up using more water and energy in the long run. 

Air-dry your dishes

Instead of using the dishwasher’s heat-dry cycle, hang a dish rack near your sink and let your dishes air dry overnight. You’ll not only save energy, but you’ll also prolong the life of your dishware by protecting it from the harsh heat of the dryer. 

By air-drying your dishes, you save on water and energy, of course, but you’re also helping out the environment. By cutting the time that the appliance is running, you’re lowering your carbon footprint and doing your part for Mother Earth. 

Replace your air filters 

Dirty air filters can make your appliance work harder, which uses more energy and drives up your bill. Replacing your air filters is easy and only takes a few minutes, so there’s no excuse not to do it. Just be sure to check the size of your filter before you buy a new one. Once you’ve got the new filter, simply remove the old one and insert the new one. That’s it!

Keep your oven closed

Did you know that keeping the oven door open can actually waste a lot of energy? When you open the door, heat escapes, and the oven has to work harder to maintain the proper temperature. So next time you’re baking cookies or roasting a chicken, resist the urge to peek, and save yourself some money on your electricity bill. 

Don’t run appliances unless they are full 

Many of us are guilty of running our dishwasher or washing machine with only a half load. But this can actually end up costing you big. Appliances use a set amount of energy to run, regardless of how much they are actually cleaning. So, if your dishwasher is only half full, you’re essentially paying for it to use the same amount of energy as if it were full. The same goes for your washing machine and your dryer. 

Take care of your dryer 

If your clothes come out of the dryer feeling stiff and smelling like they’ve been hanging on a clothesline for a week, it’s time to give your dryer some TLC. A good deep cleaning will not only get rid of that musty smell, it will also make your dryer run more efficiently, saving you money on your electricity bill.

Invest in a more efficient, modern dryer

Modern dryers are much more energy-efficient than their older counterparts, and they can save you a significant amount of money over the long term. Just make sure to read the labels carefully before you buy, so you know how much energy you’ll be saving.

Check for electric bill incentives and discounts

Many utility companies offer discounts for using energy-efficient appliances, and some even offer rebates for making energy-saving improvements to your home. Some companies offer reduced rates for customers who use smart thermostats or take other steps to reduce their energy consumption. In addition, many states offer tax breaks for installing solar panels or wind turbines.

Request for an energy audit 

When you request an energy audit from your local utility company, they’ll send someone out to your home to assess how much energy you are using and suggest ways to reduce your consumption. Many utility companies offer free or discounted energy audits, so be sure to take advantage of this opportunity.

In Conclusion

So there you have it: easy and convenient ways to turn your costly electricity bill into something much less scary! These tips will help you save money and they’ll also help you do your part to protect the environment. So start saving today!


If you’re looking to save money on your electricity bill, then be sure to check out the Budgetnista’s website. We have a wealth of financial resources and tools that can help you reduce your energy consumption and save money. So don’t delay–explore our website today!


About the Author Tiffany Aliche

Tiffany “The Budgetnista” Aliche, is an award-winning teacher of financial education, America’s favorite, personal financial educator, and author of the New York Times Bestselling book, Get Good with Money. The Budgetnista is also an Amazon #1 bestselling author of The One Week Budget and the Live Richer Challenge series and most recently, a children's book, Happy Birthday Mali More.

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