With the summer heat on the rise, a sure thing to increase besides the price of gas is your electricity bill. Air conditioning can definitely add up quickly and will be sure to strain your summer budget if you’re not careful. Here are some tips and tricks for saving money on your utilities.
Keep the thermostat high
My husband believes that the air conditioner’s purpose is to make our house an icebox. By the time I get home from work, it’s freezing inside our house. I quickly put a stop to this and reminded my husband that the purpose of the air conditioner is to make it comfortable, not cold.
By keeping your air conditioner thermostat in the high 70’s, you get the relief of cold air without the exorbitant prices of making your house an icebox.
Bundle up and save
Internet companies usually offer an introductory rate the first year of your subscription. We recently saw our bill go up from $20 to $44 after our introductory rate ended—it more than doubled!
I started looking for more options and one that seemed helpful was to bundle our internet with cable. By calling the cable company and ordering through them, I was able to get another introductory rate for $20 for the first year, and $30 every year after. That’s still a $14 a month savings from our current rate.
You can also bundle up your home telephone service for more savings. But you can also save more money by getting rid of your home telephone service.
Get rid of home telephone service
If you don’t use your home phone service that much, you might just consider switching to cell phone-only service. There are several pros and cons for both sides, such as being able to be reached in an emergency should cell reception go out.
Reduce electricity usage
By choosing to use electricity during off-peak times like in the early morning or late at night, you can help reduce your electricity bill. By unplugging items that are not in use, you could also save money on your electric bill.
The U.S. Department of Energy says that anywhere between 5-10% is because of electric appliances that are plugged in when not in use. Think about unplugging everything when you’re not using it, like the toaster, the microwave, the printer, the dvd player—even the television!
Even though you’re utilities are sure to go up in the summer, the important thing to remember is that it’s still the summer! So get out of the house and enjoy the nice weather. You don’t always have to be worrying about your bottom dollar, and enjoying a picnic in the park or a hike in the mountains is something that is completely free that can be enjoyed best during the summer months. In the end, your budget has a way of balancing itself out.
- Looking for a New Investment other than Stocks? Give P2P Lending a Try!
- Compare Mortgage Rates
- FREE Credit Score!
- Get the Best Car Insurance Rate
- Best Savings Account
- Join Personal Capital Now for Free Financial Tools!