6 Ways To Save Money on Your Utility Bills Using AI
Written by
Angela Mae
Edited by
Levi Leidy
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Your utility bills can take a large chunk out of your monthly income. Electric bills alone can cost up to $100 a month for a standard one-bedroom apartment, as per Greystar data. And that’s not even accounting for water, gas or other utilities.
If you’re looking for more ways to save money on your utility bills or other regular expenses, AI could help. From making negotiations easier to optimizing your budget, here’s how.
Help With Negotiations
Some AI tools, like BillSmart and Trim, can negotiate with your service providers for you.
“I’ve personally seen clients save hundreds of dollars annually because these tools spotted overcharges or helped them get discounts,” said Antwyne DeLonde, founder and CEO at VisionX.
This can be a great option if you’re nervous on the phone or would prefer to avoid a direct confrontation. Even if the tool doesn’t do the negotiations directly, it can give you a script you can use when on the phone or online chat system.
Track Energy Usage
If your electric bill runs high, you may want to use AI to monitor your energy usage. You can then use the results to cut down on how much you’re using and potentially lower your bills.
“AI can track energy usage patterns,” said DeLonde. Not only that but some tools, like BillSmart, can give you personalized tips to cut down on those costs. Something as simple as only running your major appliances during off-peak hours could make a huge difference in your budget.
Find Better Rates
Certain tools, like Rocket Money and Experian Boost, can look over your monthly bills to see where your money’s going and where you might be able to get a better rate. This isn’t just for utility bills, but also for things like monthly subscription services.
You can also use these tools to cancel certain subscriptions. And if you’re planning to get a better interest rate for a credit card or loan, tools like Experian Boost can track your credit history and help you do that.
Help With Budgeting
Creating and sticking with a budget can sometimes feel like a monumental task. But if you want to cut down on expenses, utilities included, you may benefit from using an AI tool like You Need a Budget (YNAB).
“As a fintech founder, I can tell you that AI isn’t just about data — it’s about delivering actionable insights people can use right away,” said DeLonde. “These apps provide real-time insights, helping users see where they can cut back.”
Find Energy-Saving Programs or Rebates
Chances are, there are energy-saving programs or rebates out there that could save you even more on your monthly bills. If you’re not sure which ones are available, AI could help.
Take Copilot in Microsoft Edge as an example. Type in a prompt like “What are some energy-saving programs in my area?” to get some options.
Some tools, like Honey, use AI in another way to save you money on other bills. Simply install the free browser extension and keep it active while you shop online. The tool will find and automatically apply any discounts when you check out.
Answer Finance-Related Questions
Another indirect way to save money on utility bills is to use a tool like WallyGPT to answer finance-related questions that you have. Type in a prompt based on your situation and you’ll often get actionable advice back.
Say, for example, you’re dealing with two different bank fees, a $15 incoming wire charge and a $2.50 non-refundable ATM fee. If you want to get rid of these fees, tell the AI tool the problem and ask what you can do.
Take Wally as an example.
“One of the best tools out there is Wally. It’s not just a great personal finance tool in general, but its AI tool WallyGPT is a great, unique resource,” said Edward Tian, the CEO of GPTZero. “You can ask it all kinds of finance-related questions and it will provide researched and well-rounded answers. It may not be the same as talking to [actual] financial experts, and there are unique benefits to that kind of a personal relationship, but it can definitely help you find ways to save money.”
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