5 Ways to Save on Your Electric Bill That Won’t Cost You Money

Wide shot of a mixed race girl sitting on the floor in the kitchen and helping her father put the washing into the washing machine.
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In these tough economic times, saving money on your monthly expenses is more important than ever. And one of the ways you can do that is by reducing your electric bill. But many people think that to save money on electricity, they have to sacrifice comfort or convenience.

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Don’t worry, there are ways to save energy and money without making significant changes to your lifestyle.

Here are five easy & quick tips for saving on your electric bill:

Turn Down the Heat

Reducing the temperature in your house in the cooler months by just a few degrees can help you save money on your utility bills. Drop it even lower during the night when you’re in bed. Bundle up with some fuzzy socks and sweatpants and know you’re saving cash. You can also leave the house a bit hotter in the summer, which will run your air conditioning less.

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Adjust Your Water Heater Temperature

Most water heaters are set to produce scalding hot water by default, but you can easily adjust the temperature to save energy (and money). Try lowering your water heater temperature to 120 degrees, which is more than hot enough for sinks and showers.

Use Your Appliances Efficiently

Running your appliances when they’re full means you’ll use them less frequently and save both water and energy. For example, run your dishwasher once a day instead of after every meal. When you’re doing laundry, make sure your loads are full. For bonus energy and money savings, wash in cold water.

Swap to LED Light Bulbs

Incandescent and halogen light bulbs use much more electricity than newer LED light bulbs. When your existing lightbulbs go out, replace them with energy-efficient LEDs. You’ll have to buy new bulbs anyway! Not only will you save money on your electric bill, but these bulbs are also more durable, and last longer, so they’re an excellent long-term investment.

Unplug Electronics When Not In Use

Many people forget that even when electronic devices are turned off, they still use electricity (unless they’re plugged into a power strip that’s turned off). Anything with a red or blue “standby” light, like your TV or game console, will be sucking energy to power that light even when turned off. So unplug electronics when you’re not using them to save on your electric bill.

Make Your Money Work for You

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Implementing these simple tips will allow you to save money on your electric bill without significant sacrifices to your wallet or routine. So start saving now and reduce your monthly spending on electricity!

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About the Author

Becky Neubauer is a personal finance and science freelance writer who specializes in writing about managing money, sustainability, entrepreneurship, and alternative living. She has a bachelor’s degree in environmental science, and she learned about personal finance on her journey to pay off $100,000 in student loans. Becky is an avid traveler focused on helping others live location-independent lifestyles, make money on the road, and travel the world through her website
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