How to Save Money on Your Electrical Bill

home improvementEveryone likes to save money, and it can actually be easier than you think. By making a few small adjustments around your house you can lower your electricity bill so you can save up for that vacation, or buy yourself a treat. Here’s what you need to do:

Use LED Lights

You’d be surprised by how much money you can save by switching from incandescent lights to LED lights. By just switching four of your lights to LED’s you can save a whopping $500 over the lifetime of the bulbs. Although the initial investment is a little higher, the long term savings are more than worth it, so give it a try!

Install Dimmer Switches

This is another way you can save money on lighting. Not only will they give you more lighting flexibility, but they’ll lower your energy bill and are relatively easy to install.

Insulate Your Home

Why pay all that money to heat your home if you’re just going to let all that heat escape?  Improve the insulation in your home and keep that heat locked up inside. You don’t have to break through drywall to do this. Even adding some insulation to your attic can help save money and keep your house better heated.

Sealant

Now that you’ve prevented hot air from escaping it’s time to prevent cold air from getting inside. By using a good sealant around your siding you can further insulate your home and keep that cold winter air outside.

Install a Tankless Water Heater

Although they initially cost more than a tank-type water heater, tankless water heaters can save you big money in the long run. So how do they do it? Tankless water heaters only heat water when it’s needed, unlike tank-type water heaters that constantly heat and store hot water. By doing this, tankless units use less power and save you money.

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