Understanding Your Electric Bill Better and Ways to Save on Electricity
In the United States, residential properties are estimated to have an average electric bill of $1,600. In Australia, on the other hand, the average homeowner spends about $1,200 for their electricity bills. If you look at some churches, businesses, or public buildings, however, monthly power consumption can cost about $10,000 or even higher. Provided the present downturn of the economy, it is difficult for many households to maintain paying for these costs. Even businesses are struggling to pay for these costs.
As the value of energy continues to rise and fossil fuel supplies from around the world continue to diminish, you can expect your electricity bills to soar higher in the coming years. Now is the time to think about how you consume energy and find ways to save on electricity so the future becomes more sustainable and affordable for everyone.
Prior to finding ways to decrease high electricity bills, you have to find out what made your bills high after all. Almost half of the average electricity bill is attributed to your air conditioning and heating systems. It is very much common for the majority of people to inefficiently regulate the temperature in their property, which in turn, negatively affects their electricity consumption. In many cases, artificial heat gets lost from the building because it is not properly insulated. Also, you can expect more heat to be lost when your doors and windows are not properly sealed. For these situations, you waste a great deal of your money in trying to provide heat to your building.
The use of inefficient appliances and lighting is another major source of high utility bills. These days, though, there is an improvement in the energy rating of appliances and lights thanks to advancements in technology. By going for these products at home and work, it becomes possible for you to lower your average electric bill and save on electricity. Sadly, not a lot of people are well aware of the advantages of switching to new, green technology in this day and age.
When it comes to keeping your average energy consumption down, there are ways that will not require a lot from you in terms of your resources and finances. One of the simplest methods to help save on electricity at home is to switch your lighting to fluorescent lighting. While the costs for this lighting option are higher than the typical incandescent bulbs, you can expect them to last at least eight times longer than these bulbs. Also, they will not be using as much electricity as the bulbs. According to statistics, you can save as much as $50 from your annual average electricity bill by taking this step. This is a significant saving.
Improving property insulation and factors impacting the heating and cooling system of your home is another way of saving more money on your electricity bills. Make sure to improve home insulation, and you can save as much as $150 each year. The installation of double pane windows also help you save $80 more per year.