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How to Save on an Electric Bill (+7 FAQs Answered)

by Milos Djordjevic

According to experts, we’re seeing some of the highest energy and electricity prices in recent history. Therefore, it’s not surprising if you’re wondering how to save on an electric bill. We’re here to make things easier. In this article, we’ll answer the seven most frequently asked questions about cutting down on electric bills.

How to Save Money on Your Electric Bill

If you use the tips below, you can save a lot of electricity and even cut your electric bill in half. The amount of power you save is totally up to you. For example, consider tweaking the usage of your appliances. Turn off everything you don’t need. Run your dishwasher and washing machine at night, when the electricity is often cheaper. Or, if you’re willing to go the extra mile, invest in energy-efficient and smart appliances, which pays off in the long run.

1. What Appliances Use the Most Electricity in a Household?

The amount of electricity a device uses depends on its age, model, and type. In general, your HVAC system will be using the most power. It’s important to keep it in good shape to avoid excessive electricity use.

A typical fridge needs around 30% of the total power used by an average household. This percentage largely depends on its type, as class A+++  refrigerators use 80% less electricity than those in class D. Opting for energy-efficient appliances is among the easiest ways to save on your electric bill.

A water heater in a four-person home needs around 310/kWh of power per month, which is nearly 14% of a typical household’s power usage. A washing machine is another big user of electricity. On average, it consumes almost 12% of the total power, while an oven uses 8%. 

If you live in a house, you should also consider your water pump’s consumption. On average, this device consumes 250 to 1,500 watts of electricity.

How to Save Money on an Electric Bill - Different energy class

2. How to Save Electricity

Saving electricity is all about reducing the workload of your appliances. If their “work” is easier, they use less power, which leads to lower electricity bills. It’s as simple as that!

Regularly inspecting the condition of your appliances is essential. Older or broken devices use much more electricity. You should keep them in good shape and fix everything that’s broken as soon as possible. Opting for a new model could be a considerable investment, but it’s also one of the best electricity-saving tips as it pays off in the long run.

After making sure every appliance in your house is in good condition, the next step is to make their jobs easier. First, check your windows. Drafts create more work for your HVAC system, which uses the most electricity. Changing drafty windows or finding a good cover for them is crucial when you want to save on your power bill.

Any other drafty leaks in your house should be sealed. All devices that you don’t use should be turned off. You should also consider replacing your incandescent lighting with LED bulbs as they use 75% less energy.

3. How to Lower the Electric Bill in an Apartment

You can use the tips in this article not only if you live in a house but also in an apartment. When living in a flat, a few small tweaks can go a long way in saving electricity. For instance, if you’re wondering how to cut your electric bill in half, switching to LED lights can be key.

Keeping your appliances in good shape is another important step in improving home energy efficiency. For example, you should replace your air filter every three months, as dirty filters make air circulation much more difficult, and your HVAC system uses more power. Another smart thing to do is lower the temperature setting of your water heater. If you live alone, you don’t need it set at its maximum level. Turning it down to around 120°F during the night could be the best way to save on your electric bill.

You also shouldn’t run your dishwasher or washing machine until they’re fully loaded. That way, you’ll avoid the unnecessary use of electricity. Replacing your power strips with smart ones is a good investment since they turn off on their own when not in use. Connecting your TV, router, and cable box to such a strip makes saving electricity easier.

4. How to Save on Your Electric Bill in the Summer

Your air conditioner is the biggest user of energy during the summer. So it’s essential to control its usage during that period. For example, you should never allow it to run while windows are open or when you’re out. Naturally, you want to come home to a pleasant, refreshing temperature, but that could be a huge waste of electricity. 

You should also adjust the thermostat to around 80°F, while setting it even higher is one of the easiest ways to reduce your electric bill. Every additional degree raised would save 4% to 8% of electricity.

Purchasing a smart thermostat is a great money-saving investment. You’ll be able to set your sleep times, working hours, and the times when you actually need your HVAC system to maintain the coolest temperature during the day. That way, you can save around 20% on your power bill.

As we noted, maintaining your appliances in good condition will go a long way. Regular maintenance of your AC unit will help avoid unnecessary expenses related to its inefficient running. Other smart ways to save electricity are cleaning the vents frequently and replacing filters regularly. If you notice your cooling unit still uses too much electricity, you can always purchase a couple of fans, as they require much less power.

Another good method of reducing summer electricity bills is to keep your house dark during the day. Sun is warming up the inside of your house. Blocking it out with drapes will reduce the work that your air conditioning unit needs to do in order to cool down your home.

5. How to Save on Your Electric Bill in the Winter

Proper insulation is really important for saving on electric bills during the winter. Ensuring that every room in your house is insulated and without any heat leaks will help your heating system warm it up efficiently. You should inspect the condition of your windows and make sure they are properly sealed so that cold air doesn’t enter your home.

You should also consider alternative methods of staying warm during the winter, such as using comfy sweaters, socks, and blankets. That’s one of the most helpful winter energy-saving tips as it allows you to lower the temperature setting on your thermostat, which will reduce your bill significantly. When using your oven, leave its door open after you’re done. It will help your heating unit as this residual heat will warm up your kitchen.

Winter is also the time for holidays. If you like to go all out on Christmas decorations, opt for LED holiday light displays. While just as beautiful, such decoration uses 75% less power.

6. How to Reduce the Electric Bill for Your AC

The air conditioning unit is one of the biggest energy users in your home, so it’s smart to start with that appliance when you want to save electricity. Just like with any other device, it’s important to make its job easier. You can do that by properly insulating your house. If you’re buying a new unit, check its rating and invest in an energy-efficient appliance.

Connecting your AC to a smart thermostat is among the most valuable tips to save on your electric bill. It will help you control the temperature and can turn the unit off when you’re not home or while sleeping. You should also clean all filters to allow for better air circulation and perform regular maintenance on the appliance. 

It’s best to keep the device out of direct sunlight. You can use curtains to keep the rooms less warm during the day.

7. What Costs the Most on Your Electric Bill?

We already mentioned the biggest users of energy in a typical home. Here’s a list of the main appliances to consider when trying to lower your electric bill:

  • HVAC system
  • Refridgerator
  • Water heater
  • Washing machine
  • Oven
  • Water pump

Saving on Electric Bill: Conclusion

Following our tips on the best ways to save electricity will help you significantly reduce your bills.  Saving money on electricity doesn’t have to require a lot of effort. It could include investing in new appliances, which will pay off in the long run. How committed you want to be to this undertaking is totally up to you! 

Our team also did thorough research on how to save your money on food, airfares, or buying a car. Check them out to become a master of frugal living.