5 Energy Saving Tactics for Homeowners and Businesses

There are many easy ways to save money and electricity every month around your home. And as you will see from the following examples, they don’t all require you to downgrade your lifestyle or make major sacrifices in your everyday life. Some of these energy saving tactics will apply more during hot times of the year or cold times, but most will serve you well all year long.

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And keep in mind that many of these energy-saving tips can apply just as well to businesses trying to save money as they do to homeowners.

1. Use Energy-Efficient Appliances

Your major household appliances use up a lot of electricity year-round, so when it comes time to repair or replace one of them, consider upgrading to a more energy-efficient model. Many manufacturers make refrigerators, dishwashers, ranges, washing machines and dryers that meet or exceed EnergyStar guidelines and can save you hundreds of dollars per year in lower energy bills.

2. Eliminate Electricity “Leaks”

Most homeowners are aware of water leaks in their homes such as leaky faucets, cracked garden hoses and poorly sealed pipe fittings in the walls. But your home could also be leaking electricity every day.

A lot of electricity gets wasted needlessly due to so-called “energy leaks”. These could include appliances that draw power 24/7, even when not in use. Other energy leaks could be simple things like leaving the lights turned on in empty rooms or falling asleep with the television on.

Fortunately, there are easy ways to reduce energy leaks without putting a drain on your lifestyle, such as using power strips, timers and motion sensors to cut off these devices when nobody is using them.

3. Improve Your Home’s Insulation

Another factor that drives up your monthly electric bill is the hot or cold air outside making its way into your home. There are two main ways to address this:

  1. Seal your doors and windows
  2. Put in better insulation

If your doors or windows are old and have cracks or holes, then go ahead and get those replaced. Double-paned glass windows and sliding doors can add an extra layer of protection to regulate your internal temperature.

If there are any gaps around the perimeter or frame of your doors and windows, then replacing the weatherstripping should seal those off easily. This is actually good DIY project for beginners that will only cost you a few bucks and a few minutes per door/window.

Replacing your insulation can be a big job and will likely require some professional help, not only to get the job done right, but also to ensure compliance with all building codes and regulations. The main question for you to discuss with your chosen contractor will be to decide what type of insulation will work best for your needs and your budget. Common materials include natural fibers, plastics, foam, minerals and fiberglass insulation.

When hiring a contractor, be sure they include air-sealing services in the estimate, since leaks, gaps and cracks in the walls, ceilings and floors should be done prior to putting in the insulation. Some insulation types, such as fiberglass insulation, are installed using techniques that literally blow the materials into place and do an excellent job of sealing off leaks.

4. Properly Use and Maintain Your HVAC System

Your heating, ventilation and cooling (HVAC) system can also make or break your power bill every month, especially during the winter or summer seasons. These heating and cooling systems are comprised of many motors and moving parts which are subject to wear and tear and will require ongoing maintenance.

While your HVAC system is designed to last for several years, some individual components can become worn out and create inefficiencies which overload the entire system, wasting energy and causing additional damage. So you do need to be diligent in maintaining or repairing these systems as needed. Many HVAC repair companies in your area offer free inspections of heaters, air conditioners and centralized ventilation systems, so take advantage of those when they are available.

5. Use Green Building Materials

When constructing a new home or adding on to your existing property, using green building materials can also help you save money on construction costs. Here are some examples of commonly-used green building materials:

  • Recycled steel and wood
  • Reclaimed doors, windows and lumber
  • Plant-based polyurethane foam
  • Bamboo
  • Wool

While you might not see much difference on your own personal utility bill, using building supplies made from recycled or reclaimed materials can save money on construction costs. And you can also save a lot of energy and resources on a larger scale – at the community level and eventually global level. Plus, many reclaimed material just a nice aesthetic to your home.

Saving energy at home can be easy, and with a little creativity and investment you don’t necessarily have to make any radical changes to your lifestyle either. Pick one or two of these energy saving tactics and put them to use today.

European Electricity Prices Drop 19% in Two Days Because of Wind Power

Americans are spending over $100 a month on electricity, leading to many poorer people having to go without when cash is running low. Anything that can be done to reduce costs will help people to live comfortably and meet their basic electricity needs. One way to do this is by increasing the production of wind energy. Fortunately, this is exactly what is happening across the European Union and latest figures confirm this.

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AleaSoft is a forecaster of energy production and usage. They regularly do in depth analysis into the energy sector, so that governments and businesses can determine which source of energy is most effective at lowering costs and creating a cleaner atmosphere. Consistently, research from AleaSoft has shown that as wind power production increases, the overall price of electricity goes down. In the two days between October 7 and October 10 2019, the cost of the average electric bill fell by 19% and further analysis showed that this was as a direct result of investment in wind energy.

Change Between October 7 and October 10

There has been a general trend across the European continent suggesting a fall in prices. However, during the weekdays between Monday October 7 and Thursday October 10, the decline in costs was most significant. The average fall in the price of electricity markets was 19%, although there was significant variation between countries.

Most strikingly, Belgium was able to slash prices by 32%, cutting the cost of the average Belgian’s electricity bill by a third. Other electricity markets showed less of a price fall, such as in Spain and Germany were costs fell by just 7%. Wherever you happen to live in Europe, however, the news is hugely positive. Any drop in prices helps ordinary and low income people to power their homes without feeling restricted.

What is Driving the Fall in Price?

A fall in electricity costs can be for many reasons, so AleaSoft’s research delved into the possible causes of such a significant decline in the energy markets. The sudden drop in prices came at the same time that wind energy production has been ramped up. When wind turbine usage fell, electricity market prices increased. The correlation is so close that this is the only reasonable explanation for the fluctuations in price. 

14% of energy provided in the European Union is produced by wind farms, but 95% of new energy source investments are put towards renewables. This suggests that the overall percentage of electricity from wind will rise exponentially. The UK, Ireland, Germany, and Denmark are the main countries where wind farms are located.

Improved Maintenance Techniques

One of the reasons that European countries are so capable of building new wind farms is improved maintenance techniques. The aerial platform is the easiest way to clean and repair wind turbines, so a dedication to the aerial life has helped to provide turbines which function more efficiently. New generations of aerial lift equipment, skylifts and other aerial platforms are making it easier and cheaper to produce wind power consistently and over long periods of time.

Wind turbines have a reputation of being inefficient. Many believe that their construction is harmful to the environment and that they spend most of their lives switched off and inactive. This is no longer the case, however, and the spike in wind energy production detected by AleaSoft supports the view that maintenance is improving and so too are the capabilities of wind farms.

Even if the environment isn’t a priority, all homeowners long for cheaper electricity. This new report showing the direct link between wind power and lower costs is a great sign. It should boost investment in the technology and ensure a long term and consistent decline in energy costs, as well as a cleaner environment.