Lower Your Utility Bills!

by Frugal Finder

Replace all of your light bulbs with compact fluorescent bulbs. They last at least 10 times longer than conventional bulbs and also save up to $60 in electricity per bulb over time.

Appliances consume 40 percent of their energy when they are shut off. The purchase of a smart power strip can go a long way towards alleviating this waste of electricity. These strips cut off power to appliances when they are turned off. They cost $30 or $40, but will pay for themselves in a few months.

If you have a water heater that was built before 2004, cover it with a Thermwell insulating blanket. This should lower your water heating bill by about 10 percent per year. And you can save another 10 percent on your heating bill if you have your furnace serviced about every two years.

You can lower your heating bill by another 5 percent just by lowering the thermostat by a single degree during the winter. But you can save more by installing a programmable thermostat that automatically adjusts the temperature when you’re gone or asleep. Using the moisture sensor on your dryer and cold water in the washer will also trim your energy bill.

Putting weatherstripping around your door frames should save you about $30 per year and installing timers on your lights is also cost effective over time. Try a low-flow shower head in your bathtub to reduce water output and plug those leaky faucets! Retrofitting your faucets is also a good idea. These inexpensive gadgets can reduce your water flow from 3 to 4 gallons per minute to as little as a half gallon.

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