High utilities bill adding to your daily stressers? As always, the best way to handle an issue is to educate yourself about it and figure out what your best options ultimately are, before your power cuts out. So if you have a high electricity and water bill every month, the first question you may want to ask is this: What exactly am I paying for? What are the services or functions that you throw your hard-earned cash at every month, and are they truly worth the money? What do you need, and what can you go without? Here’s an article to help you find the answers to some of these questions, so you can better understand how to spend your money in the best possible way for you and the rest of your family.
First off, you may want to educate yourself on which appliances use the most electricity per hour. Your heat pump or central air pump, for example, is probably the most expensive (unless you’re commissioning some major engineering or plant-growing projects) and will run up your energy bill at a rate of $1.50 per hour. This is one of the major expenses for most households, as families tend to want to keep their heating or air conditioning on all day and all night when the weather takes a turn for the worse. If this is the major reason for your high utilities bill, consider turning our air conditioning or heating on only when you’re in the house, and only to make accommodating adjustments during the worst of whatever weather (i.e. only turn on the heat in your house when it’s coldest at night, or only keep your home’s heat at a cool 60 degrees during a blizzard as opposed to a temperate 75).
The next most expensive appliance is the water heater or clothes drier, both of which cost around 40 cents per hour. These are expensive appliances to use, but luckily with clothes driers you don’t tend to have them going round the clock. The water heater, on the other hand, may really ring up a pretty penny. It’s becoming increasingly financially beneficial to switch from a gas to an electric water heater, and if you have the money to put towards it now, you may want to do it soon in order to collect savings later.
Your water pump is also an expensive appliance, using around 30 cents per hour. IT will help to save you money if you use water sparingly and mindfully, but otherwise this is basically a cost you have to accept.
Space heaters cost about 15 cents per hour of operation, so you may want to think twice about leaving it on in your room every night. Consider instead simply buying a thicker blanket and turning it on in the morning.
After that, common appliances begin to cost a lot less to use. Your hair drier, for example, costs only 12 cents per hour of operation. Your refrigerator costs even less, coming in at 10 cents per hour, though unfortunately it is on 24/7. Your computer and its monitor cost 4 cents per hour, and a lightbulb costs .6 cents.