How to Save Money on Your Electricity Bill
An HVAC system is responsible for roughly 45% of the cost for your home’s utility bill. That’s right, keeping your home at a comfortable temperature by the use of heat or air conditioning is eating close to half of your bill! So, we suggest that if you are looking to save money on your electricity bill, your HVAC system is the first place to start!
1. Install a Programmable Thermostat
A programmable thermostat is ideal for home-owners who work away from home or are gone for set periods of time throughout the week. With a programmable thermostat you are able to use pre-programmed setting that allow your home’s temperature to fluctuate while away from home. This can save home-owners anywhere from 5% to 15% on each bill.
2. Tune Up Your HVAC Equipment
Have your HVAC unit inspected on a yearly basis to ensure all components are working correctly and as cost effective as possible. Similar to the idea that car tune-ups can improve your gas mileage, keeping all parts to your system in good working order will ensure the comfort you and your family need at the most affordable cost.
3. Change Your Air Filter
Air filters capture dirt, dust, pollen, bacteria and other containments from your home’s air before it goes through the ventilation system. As dirt piles up on these filters, less and less air can get through to your system, causing the unit to work harder to pull air through. You can bet that this extra work will increase your energy bill and could potentially cause other harmful side-effects to your unit. The frequency in which your air filter needs to be changed is dependent on what type of filter you have in your cabinet. If you have a 1″ thick filter, you will need to change your filter every month. If you have a slightly more expensive filter, you should expect a life span of 2 to 6 months, depending on the quality of both the purchased filter and your air.
4. Seal Your Heating and Cooling Ducts
Having an air leak in your ducts is comparable to leaving the door open to your refrigerator. You are paying to produce cooled (or heated) air and then releasing it in areas of the home that cannot effectively use it. If you have a duct leakage of 15%, that means approximately 15% of your generated heated or cooled air is being pushed out of the ducts and essentially wasted. Newer homes are expected to have below a 5% duct leakage, where as older homes are likely to have 40% (or more) duct leakage. Depending on how significant your leakage is, sealing and insulating your ventilation ducts can save you up to 20%, or more, on your electricity bill.