Everything You Should Know About Reducing Your Utility Bills

Money is a scarce resource. Don’t let monthly bills break your bank while there are numerous things you can do to minimize them. From adding attic insulation to insulating outlets, and installing programmable thermostats, you’ve countless options for reducing your utility bills.  Check out the following tips for cutting down your monthly expenses affordably and more effectively. Plus, you will learn everything utility bills.

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Incorporate Attic Insulation

Most of the energy people use at their homes goes toward heating or cooling. Research shows that most of this heat escapes to the attic. Most homes lack enough insulation up there to prevent heat from getting out.

Fiberglass insulation is extremely cheap and easy to install. In fact, you can quickly install them on your own. By effectively insulating your home, you could actually save up to 20 percent on your heating, as well as, cooling costs.

But if you can’t install attic insulation yourself, you can always get help online. There are numerous DIY tutorials that can help you through the process.

Install Programmable Thermostats

By installing a programmable thermostat, you’ll be able to save up to 10 percent on your utility bills. Set your unit’s temperature to drop during winter months and raise them during the summer months when you aren’t home. You can then program the unit to return to more comfortable temperatures right before you get home.

This will go a long way in reducing your energy bills and saving you substantial amounts of money. So, what are you still waiting for? Act fast! For more information, visit http://regionalenergy.ca. 

Insulate Outlets

Did you know that outlets and light switches can be a major source of air leaks? To prevent this, consider insulating them, particularly if they’re positioned on an outside wall. There are numerous types of specialized seals and insulation materials to choose from. And they’re specifically designed for outlets, as well as, switch plates, so you don’t need to worry about fire risks.

Upgrade to Low-Flow Showerheads

Older showerhead models generally put out 5 gallons of water per minute. On the other hand, low-flow showerheads put out a mere 1.5 gallons per minute and still allow you to enjoy forceful showers.

Even more, they’re easy to install. If you want something more efficient and affordable, then go for a low-flow showerhead.  It will help conserve water and save substantial amounts of water every day.

Insulate Water Heaters

Did you know that insulating an older water heater could help you save up to 9 percent on water heating costs? Well, now you know. Insulating hot water heater jackets can prevent standby heat losses by 25 to 45 percent, allowing you to heat your water easily and more efficiently. 

Why you should install a Smart HVAC Based System

The HVAC system accounts for more than half of the energy consumed in your home. That’s why a fault system is likely to increase the overall energy consumption in homes. However, with proper maintenance, you can lower these energy bills and still have comfort in your home. So, if you are planning to install an HVAC system in your home, keep reading. Among other things, you will learn about the benefits associated with installing smart based HVAC systems in your home.

Lowers Electricity Bills

Energy bills can be annoying, especially when they skyrocket. Even more, the global energy sector is strained. That’s why energy costs keep on increasing. But does this mean letting nature take its course? No. You can do something to lower these bills. In particular, switching to a smart HVAC system can be your answer as far as reducing the energy bills in your home is concerned.

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According to the stats, installing smart system in your home can save you up to 20 percent in terms of energy bills. Plus, they are more efficient and reliable. They utilize smart technology that heavily uses sensors to cool or heat your interiors. Even more, these systems are great at lowering your overall carbon footprint since they are environment friendly.

Superior Temperature Variability

One of the biggest pluses of these smart HVAC systems is superior temperature variability. With a smart system, you have an HVAC that will give you the power to control tempt variability according to your needs. This means that users can cool and heat specific rooms effectively without moving from space top space. This saves time and gives you an easy time as you relax or go about your activities.

Clean Air

Another good thing about smart systems is that they give you access to smarter air. Remember, the quality of air is important when it comes to your health. And that’s where smart HVAC systems come in. With these systems, you have a solution that will reduce stuffiness as well as drafts. So, if these are the things that you are looking in an HVAC system, then go the smart way.

You Can Access Then Remotely

Smart technology gives users access to their systems from remote settings. This means that even if you are at work, you can still monitor the functioning of your system. Thus, it’s possible to set the temperature of your room from your workplace before reaching home. This not only reduces energy costs but also improves the overall efficiency.

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Why Utility Bills Keep On Increasing

The dreaded energy bill is coming. It can be annoying. If you are unlucky, it will deflate your bank account. Of course, you can try several measures to control the energy budget. However, things may not work out, especially if you don’t pay close attention to your HVAC system. According to research, the HVAC is responsible for almost half of the energy costs in homes. Thus, if you need to bring these bills down, work on your HVAC system. It’s one of the best starting points. So, if you have been wondering why your monthly bills are steadily increasing, sit back. Here are the top reasons why your energy bills are not going down any time soon.

Age, Maintenance

Age has a big say when it comes to the performance of your HVAC system. An old system tends to be less efficient. This means that it will work more to cool or heat any space. So, if your system has served you for years, expect the bills to continue going up. Similarly, a poorly maintained HVAC system tends to be inefficient. This means that it will consume more energy and pump up energy costs. However, don’t let these factors continue draining your money.

You can install a new HVAC system and drive the bills down. If you have the cash, consider going for a smart system. It’s efficient, convenient, and highly reliable. Also, consider maintaining your system on a regular basis. Consult with your heating and cooling contractor to schedule maintenance. According to experts, it’s advisable to do it twice per year.

Operating Costs

The operating costs at a particular time can influence the amount you pay towards offsetting your energy bills. For instance, systems that were developed in the 1990s are less efficient than their modern counterparts. This can be attributed to the emergence of technological advancement. For instance, sensors have made these systems more smart and efficient. Thus, they consume less amount of energy, which plays a key role in bringing the energy bills down. Customers are advised to install the newest HVAC systems to bring the energy bills down.

Features

Features also play a key role when it comes to cutting down energy costs. Modern systems come with sophisticated features that make them more efficient. For instance, the efficiency standards of modern equipment are on an upward trajectory. This means that modern systems have superior performance and efficiency than their older counterparts.

Standard such as SEER, HSPF, as well as Annual Fuel Utilization is important in determining the efficiency of any system.  Also, energy features like variable-speed fans, heat exchange technology, as well as variable speed based compressors can make your system more efficient.

The Locality’s Climate

Your local climate can also increase or lower the amount of money you pay towards energy bills. For instance, if you are located in an extremely cold setting, you will need more energy to heat the interiors. Consequently, your energy bills will be higher. On the other hand, those located in extremely hotter environments will spend more money to cool the interiors.

Additional Factors

Also, the following additional factors play a key role when it comes to the energy bills of any home.

  • The thermostat and other control settings in your system
  • How the unit was installed
  • Maintenance levels of your system
  • The level of insulation in any home
  • Windows, doors, and other openings in your home.

The Bottom-Line

Are you looking for quick ways to reduce your energy bills? Well, there are actually several measures you can undertake to minimize your electricity costs. According to http://www.regionalenergy.ca/alberta-natural-gas-company/, these measures include insulating outlets and switches, installing a programmable thermostat, insulating your water heater, and installing a low-flow showerhead. Doing this will go a long way in reducing your utility bills and saving you junks of money.

Improve Your Home’s Energy Efficiency While Adding Value

You’ve spent the past year furnishing your home, selecting hand-crafted decor, and mixing and matching perfectly balanced wall colors. Everything appears perfect. But your utility bills tell a different story about your home. Your heating bill is through the roof and your electric bill never seems to come down no matter how good a job you do of turning off lights in rooms that aren’t occupied. Sound familiar? If it does, you’re not alone.

Of the $2,000 the average American spends paying for energy each year, $200 to $400 could be going to waste from drafts, air leaks, and outdated heating and cooling systems. If you are interested in reducing energy waste you should begin with a home energy evaluation. Also known as an energy audit, an energy evaluation will assess the way that your home consumes energy and identify what measures you can take to improve energy efficiency. From there, you will be able to choose which upgrades you would like to make.

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Upgrade Your Windows

The number one way to add value to your home while increasing the energy efficiency of your home is to upgrade your windows to double-pane Energy Star-rated windows. If you are going to make one feature of your home energy efficient you should prioritize your windows according to over 60% of real estate agents.

New energy-efficient windows help maintain a consistent temperature inside your home year-round. This alone can reduce your energy bills by as much as 15%. When it is time for you to sell your home, new Energy Star-rated windows will help you sell your home for a great price. According to the National Association of Home Builders, 89% of home buyers classified Energy Star windows as either an essential or desirable feature. A bonus that comes with installing Energy Star windows is the visual appeal that new windows add to both the interior and exterior of your home.

Insulate the Attic

Most homes have a layer of insulation in the attic, however, over time more insulation may need to be added. Heat loss through the attic is around 25% for most houses. Reducing that heat loss can save you money and create a less drafty home. To save approximately 15% on heating and cooling costs you can add spray foam insulation to your attic. A relatively affordable improvement that costs around $1,000 to $3,600 spray foam insulation recoups the majority of project costs with an average return on investment of 117%.

Upgrade to Energy Star Appliances

Outdated appliances that are over ten years old use up to 40% more energy than newer energy-efficient models. If you plan to upgrade your appliances you can begin in the kitchen. Appliance upgrades that are the most popular are refrigerators, dishwashers, stove/ovens, and microwaves. When you are looking for appliances choose ones that are stainless steel. According to 75% of real estate agents, stainless steel is the most popular finish among home buyers.

Add Solar Panels

When solar panels first became available to homeowners they were extremely expensive. Now, over a decade later the prices of solar panels have fallen by about 70%. On average, solar panels for residential homes cost between $15,000 and $25,000. Though the initial price tag of solar panels is high, so is their addition to your home’s value.

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For every $1 reduction in your annual energy cost, your home’s value increases by $20. So not only are you saving on your energy bills you are increasing your home’s value. Solar panel purchases are different in every area and so are the rebates and tax credits that may be available to you.

Upgrade Your Heating and Cooling Unit

In general, 43% of your home’s utility bill goes to heating and cooling. Keep your HVAC working efficiently by properly maintaining the unit and upgrading to a new one when it is time. The average lifespan of an HVAC system is 15 to 20 years. As HVAC ages, especially in the last five to ten years of its life, the system becomes less energy efficient. An older HVAC system will require more maintenance and will need repairs for parts of the system that are no longer functional.

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While installing an entirely new HVAC system will take extra money, it will benefit you when you are in your home and when you sell your home. A new HVAC unit with appropriate insulation can cut your energy use for heating and cooling by 20%. Houses with a new HVAC system have a home value increase of approximately 5-10% of the total value of the home.

Invest in a Smart Thermostat

A basic home thermostat will read and adjust the output of heat or cooling to match your desired temperature. If your thermostat is old or malfunctioning it may not read the temperature of your room correctly and wreak havoc on your heating and cooling costs. You can purchase and have a new thermostat installed or you can invest in a smart thermostat. Going a step beyond simply turning on and off your heating and cooling, a smart thermostat comes with remote sensors that are placed in different rooms around your house. These will ensure that your home can stay at a consistent temperature throughout your entire house.

Advanced smart thermostats will monitor your heating and cooling preference and after one week automatically set up a schedule to meet all your personalized needs. A smart thermostat will save homeowners anywhere from 8%-12% annually on their heating and cooling bills. They are also very popular among young homebuyers who are always interested in adding smart technology to their home.

Bottom Line

Small changes to your home can have a big impact on your energy consumption and your home’s overall value. Take the time to speak to a local real estate agent who can point you toward the best home improvements that will save you money on your monthly bills and add money to your home’s value.