10 Easy Ways to Save Money on Your Electric Bill (2024)

For many families, one of the most expensive utility bills is the electric bill.

Prices could vary from place to place but one thing is for sure: the more you use the more you will pay.

Below are some of the best ways to save money on your electric bill. These are simple and easy tips to help cut down the costs that you are paying each month.

You might think some of these tips won’t make much difference, but they all will! If you do some of the multiple options listed below, you will begin to see extra savings on your utility bill.

This post may contain affiliate links. That means if you purchase an item through these links, I may earn a commission at no additional cost to you. Please read the full disclosure policy for more info.

How to Save Money on Your Electric Bill

If you are prioritizing your goals such as paying off debt or increasing your emergency fund, then cutting your monthly expenses should be your main concern. Apply this money-saving tips to save money on your electric bill now.

1. Programmable Thermostat:

You can save money on your electric bill by installing a programmable thermostat. This is a great way not to waste heat and cooling when you are not at home.

The best way to save money with a programmable thermostat, and what worked for us, is to set it to 68°F during winter and 75°F during summer.

Also, program the thermostat lower during winter and at a comfortable higher temperature in summer. By doing this, you will make sure that your electric bill stays low.

2. Turn Lights Off:

Make sure to turn the lights off when you leave the room. This is the simplest way to save money on your electric bill. However, many people ignore this completely.

By turning the lights off when not needed, you will substantially save money on your monthly electric bill.

3. Unplug Electronics Devices:

Unplug electronics when you are not using them. Avoid leaving the TV, computer, or other electronics alike plugged in during the day.

You might think that they are not using energy because they are not being used or they are off; however, the simple fact that they are plugged in means that they will continuously consume energy.

Unplugging unused electronics is a great way to cut a little bit off your electric bill.

4. Switch to LED Bulbs:

Although LED bulbs are more expensive than regular light bulbs they will really make a difference in your electricity bill. LED bulbs utilize less energy and last longer.

We upgraded our light bulbs to these LED energy-saving lights and it was one of the best decisions we made. Switching to LED bulbs will drastically reduce your electric bill.

5. Fix Air Leaks

Air leaks around windows and doors are responsible for paying high electricity bills at home. Check around windows and door frames and fix any leaks you may find.

Consider buying a self-adhesive rubber or a foam sealant to seal any gap between windows, doors outlets, or switches.

Fixing any air leak is just a one-time repair, that in the long run will save you some money on electricity.

6. Check for Insulation

Make sure to get up in your attic or crawl space and look to ensure you have insulation. This helps protect your walls and ceiling from getting cold and hot air in.

If you don’t have enough insulation you can install it yourself or hire someone to come put down more. This can really be a great benefit to your electric bill.

7. Change Filters

Make sure to change air filters. The problem when filters do not receive regular maintenance is that they will make your HVAC system work harder, in turn using up more energy.

Besides, it can potentially damage your HVAC system and you might end up without any heat or air conditioning at all.

Experts recommend that air filters should be replaced at least every three months and more often if you own pets.

By keeping up with your air filters you will make sure that your HVAC system is working properly and that you are saving money on your electric bill.

8. Wash your Clothes with Cold Water

When you use warm or hot water to wash clothes, your washing machine is using energy to heat or warm the water. This will keep your electricity bill high.

Try to wash your clothes with cold water only. Not only will you save money but it is better for your clothes!

9. Air Dry Clothes:

When possible air-dry your clothes instead of using the dryer machine. You have the option to air dry your clothes outside or inside your house.

If you lack space at home,then a foldable drying rack like this one could be a great alternative. Air drying your clothes outside or using a foldable drying rack for indoors is an easy way to lower your monthly electric bill.

10. Cook in Bulk

Chances are that you own a slow cooker or something similar that is saved away in your kitchen cabinets, use it! These kitchen appliances take little energy to cook and warm food compared to a regular stove. You can prepare a lot of food with them and save it for later.

You will not only save time on food cooking but also you will save energy consumption by going this route.

I use this pressure cooker and I love it! Is very practical, easy to use, and saves me a lot of time! Besides, it is fully insulated and this makes it energy efficient, which is a plus to my electric bill.

You will notice a significant reduction in your electric bill by implementing these simple tips around your home.

The best part of it is that your budget and wallet will thank you because you will have more money saved for future needs.

Recommended articles:

  • How to Pay off Debt Fast, Even with a Low Income
  • How to Build a $1000 Emergency Fund Fast
  • 8 Simple Steps to Save Over $7000 This Year
  • 70+ Amazing Ways to Save Hundreds Every Month
10 Easy Ways to Save Money on Your Electric Bill (2024)

FAQs

10 Easy Ways to Save Money on Your Electric Bill? ›

Take Steps to Reduce Your Electricity Usage. Using less energy is the best way to lower your electric bill, and it can even lower your utility bill by as much as 25%. Electricity for lights, electronics, and other appliances accounts for about 17% of a home's energy usage.

What runs your electric bill up the most? ›

Which home appliances use the most electricity?
  1. Heating and cooling: 45-50% The largest electricity consumer in the average household is your heating and cooling appliance. ...
  2. Water heater: 12% ...
  3. Lighting: 9-12% ...
  4. Refrigerator: 8% ...
  5. Washer and dryer: 5% ...
  6. Electric oven: 3% ...
  7. Dishwasher: 2% ...
  8. TV and cable box: 2%
Dec 20, 2022

What are the easiest ways to save electricity? ›

Tips for Saving on Your Electric Bill
  • Turn Down Your Thermostat. It's one of the most effective ways to cut your energy usage. ...
  • Take Care of Your Furnace. ...
  • Keep the Cold Out. ...
  • Turn Down the Tank. ...
  • Cook Smart. ...
  • Think Before You Wash and Dry Clothes. ...
  • Reduce Phantom Load.

What are the extreme ways to lower your electric bill? ›

How to Lower Your Energy Bills in Any Season
  1. Seal up windows, doors, and air leaks. In the colder months, one of the best ways to stay warm and keep your energy bills from skyrocketing is to make sure your home isn't leaking heat. ...
  2. Opt for the fan. ...
  3. Inspect, clean, and replace filters regularly. ...
  4. Use devices efficiently.
Feb 20, 2024

What is the quickest and easiest way to save money on energy bills? ›

Take Steps to Reduce Your Electricity Usage. Using less energy is the best way to lower your electric bill, and it can even lower your utility bill by as much as 25%. Electricity for lights, electronics, and other appliances accounts for about 17% of a home's energy usage.

What wastes the most electricity? ›

What costs the most on your electric bill? Heating and cooling are by far the greatest energy users in the home, making up around 40% of your electric bill. Other big users are washers, dryers, ovens, and stoves. Electronic devices like laptops and TVs are usually pretty cheap to run, but of course, it can all add up.

Does unplugging appliances save electricity? ›

Yes, unplugging appliances can reduce the overall amount of electricity you save. When you turn an appliance off, it no longer draws electricity from the outlet; however, there is still a small current that flows from the wall to the device. This is as phantom energy (also called vampire energy).

What saves most electricity? ›

Instead, we recommend that you replace your archaic incandescent light bulbs with modern LED ones. This improved light bulb technology uses much less energy and can last for years. Just by replacing FIVE of the most frequently used bulbs in your home, you can save up to $75 per year in electricity costs.

What are 3 ways to reduce electricity usage? ›

Here are 15 ways to start conserving energy:
  • Adjust your day-to-day behaviors.
  • Replace your light bulbs.
  • Use smart power strips.
  • Install a programmable thermostat.
  • Use energy-efficient appliances.
  • Reduce water heating expenses.
  • Install energy-efficient windows.
  • Upgrade your HVAC system.

How to lower electric bill in winter? ›

Keep your energy bills in check by following a few simple tips around your home.
  1. Cover and Repair Windows. ...
  2. Check and Replace Central Heating Filters Regularly. ...
  3. Make Energy Efficient Upgrades Around Your Home. ...
  4. Program or Adjust Your Thermostat. ...
  5. Use Your Ceiling Fan to Keep Warm.
Dec 21, 2022

How can I lower my bills? ›

1. Negotiate with service providers: Contact your service providers such as cable/internet companies, insurance companies, or utility companies and ask if they have any promotions, discounts, or loyalty programs available. Sometimes, simply asking for a better rate can lead to savings.

How to save money on electric bill thermostat? ›

Ways to lower your energy bill
  1. Set your thermostat at 68F in the winter and 78F in the summer, health permitting.
  2. Consider a space heater or ceiling fan, following safety guidelines of all equipment.
  3. Open blinds and windows to warm and light home during daylight hours, or close window coverings to keep the cold out.

Do energy saving devices really work? ›

They often claim you can reduce or even eliminate your power bill by plugging in their devices around your home. The fact is, there is nothing that you can plug in that will reduce your electricity usage and lower your household power bill.

How can I get my bills down? ›

How to save on water, gas and electricity
  1. Choose paperless billing.
  2. Pay by direct debit.
  3. Use a smart meter.
  4. If you've got older appliances, upgrading to more energy efficient ones could save you money in the long term.
  5. Shower instead of having a bath.
  6. Wash at lower temperatures and use eco cycles to cut your water bill.
Dec 12, 2023

How can I catch up on my bills fast? ›

How to Catch Up When You've Fallen Behind on Paying Your Bills
  1. Create a list of your bills.
  2. Prioritize missed payments.
  3. Pay bills with the highest interest rates.
  4. Create a budget and track your spending.
  5. Watch out for debt relief scams.
  6. Consider financial assistance programs.

What makes up the biggest percentage of our electric bills? ›

You will find that your electric heat, air conditioner and water heater will typically make up the greatest percentage of your electric bill, so these are the areas in which you may want to concentrate your energy management efforts.

How to find out what is using the most electricity? ›

To check how much electricity appliances are actually using in your home, you can use a plug-in power meter. Power meter are available for purchase online or in selected stores. Some brands retail for as little as $20.

How do you know if someone is stealing electricity? ›

Check your meter.

A final check you can safely perform yourself is to go to your meter and turn off all the circuit breakers. Then watch the meter—if it continues to go up, something is still pulling power from your connection.

What uses the most electricity a month? ›

Here's a breakdown of the most significant energy use categories in the typical single-family detached home:
  • Air conditioning and heating: 54%
  • Water heating: 16%
  • Refrigeration: 4%
  • Lighting: 4%
  • Appliances and electronics: 23%
Dec 13, 2023

Top Articles
Latest Posts
Article information

Author: Aron Pacocha

Last Updated:

Views: 5454

Rating: 4.8 / 5 (68 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Aron Pacocha

Birthday: 1999-08-12

Address: 3808 Moen Corner, Gorczanyport, FL 67364-2074

Phone: +393457723392

Job: Retail Consultant

Hobby: Jewelry making, Cooking, Gaming, Reading, Juggling, Cabaret, Origami

Introduction: My name is Aron Pacocha, I am a happy, tasty, innocent, proud, talented, courageous, magnificent person who loves writing and wants to share my knowledge and understanding with you.