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National Cut Your Energy Costs Day

It’s National Cut Your Energy Costs Day! While this little holiday doesn’t get you a day off from work or school, it can save you money. That always sounds good to debt counselors! Learn more about ways you can reduce energy consumption to help your budget while also helping the planet.

Save money with National Cut Your Energy Costs Day.

Save money with National Cut Your Energy Costs Day.

National Cut Your Energy Costs Day Ideas

National Cut Your Energy Costs Day is a great reminder to take action now when it comes to energy consumption. It’s winter and many of us are trying our best to feel warm and cozy. However, with every degree higher that thermostat goes, the more money gets sucked right out of our bank account. This can make it harder to pay off debt. No matter the season, there are ways to honor National Cut Your Energy Costs Day. Here is a list of ways to reduce your energy costs.

List of Ways to Reduce Energy Costs

These tips came from the Canadian Energy Efficiency Alliance:

  1. The biggest source of wasted energy in your home is your heat generation in the winter and air conditioning in the summer. So if you don’t already have one, make sure that you purchase a programmable thermostat.
  2. Major household appliances such as your fridge, freezers, dishwashers, clothes washer and dryers consume another big chunk of your electricity bill so make sure you replace old appliances with energy efficient models. And for dishwashers, clothes washers and dryers run them with full loads on off-peak times. And don’t forget to keep your appliances clean (vacuum dryer vents and fridge vents) so that they can run efficiently.
  3. Insulating your home is another big one. Whether it’s a big project such as adding more attic and wall insulation, to smaller projects such as weather-stripping doors, caulking around your windows to seal cracks, adding piping insulation around hot and cold water pipes, insulating your water heater, to adding insulation in your wall sockets, every bit helps to save you money. And don’t forget to have your HVAC system cleaned (or replaced if it’s an old inefficient unit) so that it can run more efficiently.
  4. Change your cooking habits. Use your microwave to heat up your food instead of the stove, keep lids on pots when cooking, use electric kettles with auto shutoff to boil water, don’t open your oven door to check on the status of your food until it’s done cooking and don’t wash or pre-rinse your dishes under running water.
  5. To help reduce the energy load of your electronics, make sure that you have your TV, laptops/computers, home theater systems, cable terminal boxes, radios, docking stations and anything else that’s electronic, plugged into a power bar so that any phantom power that’s being drawn out of the device to keep lights and timers on will be shut off when they’re not in use. New auto shut off power bars are great for those (like me) who forget to turn off power bars. They also help protect your items from power surge damage, so it’s really an essential item to have in your home. And of course, when you’re purchasing another electronic product, make sure they have an ENERGYstar label to verify their energy efficiency.
  6. Replacing any incandescent lights with CFL bulbs or LED’s is an easy and very affordable way to save money on your energy bill.
  7. A lot of us don’t realize that wasting water is another big source of energy consumption. Not only will you get a higher water bill, but the energy used to pump the water from your local water utility into your home is a big source of energy use. So leaky faucets and toilets should be fixed to help you conserve water which will in turn save energy and help you cut your energy bills. And don’t forget to use efficient shower heads, don’t run water when brushing your teeth or washing/rinsing dishes and avoid taking baths (who has time to take baths anymore anyways?) to conserve water use.

Use these tips to start saving money on your energy bills!

If you’re struggling with debt, ACCC can help. Sign up for a free credit counseling session today. 

ABOUT AUTHOR / Michelle

Michelle is a regular contributor to Talking Cents. She has taken several financial courses on debt management and is ready to circulate what she has learned from them as well as lessons from her own life- family to DIY projects to student loan debt.

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