Top 5 Reasons Why Your Power Bill is Skyrocketing

Working from home does have its perks, but one huge downside is dealing with energy bills that are higher than usual. However, the fact that you’re spending most of your time at home shouldn’t be a reason to simply accept skyrocketing energy bills. There might be a couple of ways you can still bring those monthly charges down despite your high consumption while working from home.

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Here are the top reasons why power bills spike and what you can do to mitigate the situation.

1. Failure to upgrade appliances

Most new appliances have been equipped with energy-efficient and power-saving features. Old appliances were not required to have these features, which is why ‘vampire charges’ were such a big deal in the past. Once you upgrade to newer appliances, you’ll find that you won’t even have to religiously unplug your devices since they stop consuming substantial electricity once they’re turned off.

Furthermore, old, rickety appliances lose efficiency as they degrade, so they might be consuming more power to do simple, everyday tasks. You might think you’re saving money by sticking to appliances that are decades-old, but you will undoubtedly feel an improvement in your power bills once you make the shift.

2. Overusing ‘big’ appliances

Even with new appliances, frequent usage is still a major problem. This is especially true for power-hogging devices such as your washing machine or dishwasher. The best strategy is to wait until you have enough laundry or dirty dishes to run your machines at full-load or capacity.

This will lessen the frequency with which you run these major power-hugging appliances, therefore reducing your overall power consumption in the long run. If there is an urgent need to free up some clean dishes or clothes, handwashing them is a better alternative than running the washer just for a few items.

3. Late detection of leaky ducts

Poorly sealed or weakly insulated ducts can add thousands of dollars to your yearly power bills. This is because they release hot air into unheated spaces in your home. Make sure you are not spending more than necessary for your home’s heating or cooling systems by maintaining vents and ducts.

Aside from sealing or insulating ducts, you also have to ensure that your airflow is not restricted by furniture and other large objects. Keeping registers clean can also help optimize ducts, therefore helping with the power bills.

4. Higher rates

If you live in an area where electricity markets have been deregulated, like in Connecticut, then know that you have a choice regarding your third party power supplier. Now, unless you’re closely watching spot market news, you might not have noticed that your energy provider has been secretly hiking rates.

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To take better control of your power bills, compare the rates charged by power suppliers in your area, then change electricity providers so that you will get the most value for your money.

5. Not exploring cheaper power sources

If you’re already subscribed to the cheapest energy provider in your area but are still struggling with power bills, then you might want to check alternative power sources like installing solar panels or keeping solar batteries at home.

Now, unless you have an industrial-level solar energy system, it’s highly unlikely that you can cover all your power needs using PV panels, but this would at least reduce your dependence on provider-supplied electricity, thus substantially reducing your power bills.

Wrapping Up

Of course, there are several other tips and tricks that could chip away at your huge power bills like replacing your lights with LED bulbs and setting a timer on your A/C, but if you really want a substantial reduction in what you’re paying for energy, you have to make big changes around the house, such as the ones mentioned and discussed in this article.

As more and more companies mull letting employees work from home permanently, you must be able to do so without forever stressing about those monthly power charges.