January 10th is National Cut Your Energy Costs Day, and we’re here to help you celebrate – and save some significant $$ along the way. We’re all about thrifting, saving, and hugging Mother Earth. Today’s lesson is that it Pays to Pay Attention. Today we’re paying attention to your energy bill and reminding you how taking the eco-friendly route is also wallet-friendly! A few seemingly minor changes can cut your energy costs considerably.
Invest in a programmable thermostat
Leaving the heating or air conditioner on when you’re not home to enjoy it is – no surprise – a waste of its efforts and your money. So, it seems logical to install a programmable thermostat you can manipulate from your phone or set on a timer. For those of us renting, we often have a landlord’s rules to abide by (and we certainly don’t want you to lose your deposit on account of us). However, you may be able to convince your landlord that investing in these thermostats is also in their interest. Letting your landlord know, as a tenant, you may be inclined to rent longer if you’re happier with your bills makes it a win-win. (And they might very well foot the bill for that thermostat!)
If you’re a homeowner, it’s never too late to get your heating and cooling system checked out! Getting a tune-up is a great way to ensure your system is working efficiently, heating your home, and using your hard-earned money the way it should be!
Determine if it’s time for new appliances/windows/doorways etc.
This step takes a lot more thinking and planning. Replacing your appliances and pieces of your home is not something we recommend doing on a whim. Still, the truth is, many older models or older entry points are so inefficient it may cost you more to keep those alive than it would replace them entirely. EnergyStar offers plenty of resources to help you determine if your appliances are energy-helpers or energy-hogs. Doing a little research will equip you to decide if replacing some items works in your favor.
This is an excellent time to plan and decide which appliances or entry points are a priority. You can then commit yourself to get quotes, shop for the best deal, and schedule out these replacements over a period that works for you.
Check your water use.
Wasting water is threefold. You not only (1) raise your water bill, you (2) use extra energy to pump the water into your home, and also (3) use extra-EXTRA power to heat that water. Switching to an energy-efficient shower head and turning your water off when brushing your teeth are classic, passive, and successful ways to save money. Our best advice is to stay aware of when water is left on!
Why National Cut Your Energy Costs Day is Important
Not only is Cut Your Energy Costs Day about saving money, but it’s also about sustainability. In the Credit Union world, we practice sustainable money habits. From paying yourself first through high-earning savings accounts to creating a budget that works with your lifestyle, it’s valuable to practice sustainability to benefit our homes, neighbors, and planet. So, give Mother Earth a hug (your wallet is sure to feel it too).
Let’s ensure that you’re getting the best value for money and minimizing waste. Feel like you need a personal hand? Let’s meet!