The Average Electricity Bill and Tips to Cut Electric Costs
In the United States, residential properties are estimated to have an average electric bill of $1,600. For Australia homeowners, meanwhile, the typical homeowner spends more or less $1,200 for their electric bills. If you look at some churches, businesses, or public buildings, however, monthly power consumption can cost about $10,000 or even higher. It becomes a challenge for many homeowners to pay for these bills as the economy is not as promising as it was. Even businesses are struggling to pay for these costs.
The more alarming part is in the coming years when you are bound to pay higher electricity bills with the decreasing worldwide supply of fossil fuels and the rising value of energy. 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.
If you want to know how you can avoid high utility bills, you have to first find out the causes of high energy consumption. More or less half of your average electricity bill is caused by 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. Often, buildings that don’t get proper insulation lose much of their artificial heat. When doors and windows of your house are not properly sealed, more heat is lost too. For these situations, you waste a great deal of your money in trying to provide heat to your building.
What makes it impossible for you to lower electric bills at home is the use of inefficient appliances and lighting. Many advancements in technology have helped enhance the energy rating of many appliances and lights. A great way to save on electricity and lower your average electric bill is to switch to using these products. Sadly, not a lot of people are well aware of the advantages of switching to new, green technology in this day and age.
Reducing your average energy consumption is not as complicated or expensive as it seems. One of the simplest methods to help save on electricity at home is to switch your lighting to fluorescent lighting. Though you may have to pay a bit higher for the upfront costs of these lights than your usual incandescent bulbs, they will generally last eight times longer than the latter. Moreover, you get to use less electricity with it. With this step alone, you can slash off $50 from your yearly average electricity bill. You are saving a great deal from this.
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. You can save about $150 each year if you improve the insulation of your home. Save an additional amount of $80 annually when get a double pane window installation.