1. Bump the Thermostat Down – Just a Bit
“Every degree you move your thermostat saves 3 percent on the energy bill," says Kevin Gallegos, Vice President of Phoenix Operations at the Financial Freedom Network, in an exclusive interview with Go Banking Rates.
The average heating and cooling bill for a household is $1,000 over the course of a year, so lowering a thermostat just five degrees could save a household up to $150. With a sweater and some thick socks, most homeowners can be just as comfortable while racking up the energy savings.
2. Seal up Weak Spots Where Heat Is Escaping
"Thirty percent of energy bills float out the windows, especially in vintage, older, single-paned windows," Scott Fischer, a consultant with energy consultancy company Ciel Power, tells Go Banking Rates when asked about his energy saving tips.
Homeowners with older windows could look into replacing them with the better-insulated models that are on the market today. Many energy-efficient windows are quite affordable, and can provide savings on electricity by keeping heat where it’s wanted – indoors. Sealing up cracks or loose holes in a home’s exterior will also keep heat from leaking out of a home.
Click here to read the rest of the report on how to save money on electricity. (http://www.gobankingrates.com/
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