5 Lesser-Known Ways To Slash Your Home Energy Costs

energy costs

We've all heard the usual tips for reducing home energy costs: turn off lights when you leave a room, unplug electronics when not in use, and adjust your thermostat. But what if I told you there are lesser-known methods that can shave dollars off your energy bills?

These clever strategies may not have crossed your mind before, but they can make a real difference in your wallet and the environment. Over time, these proactive measures can translate into a substantial financial benefit, allowing you to allocate your hard-earned money toward other priorities while contributing to a more sustainable environment.

Let's dive into five ingenious ways to save money on home energy costs that you probably haven't thought of before.

5 Ways To Slash Home Energy Costs

Save money by cutting home energy costs.
Image Courtesy of Denphumi & Shutterstock

1. Harness The Power of Cooking Residual Heat

Cooking is a daily ritual in most homes, but have you ever considered capitalizing on the residual heat from your oven and stovetop?

After cooking a meal, turn off the oven or stovetop burners a few minutes before your dish is fully done. The retained heat will continue to cook your food, saving you energy and reducing your overall cooking time. This method works especially well with dishes that require slow cooking, like stews or casseroles.

Try doing this when grilling with propane, too. There is lots of residual heat still available in your gas-powered grill, and turning the grill off early will help you squeeze out every drop of propane you can. 

Not only will you cut down on energy consumption, but you'll also master the art of perfectly cooked meals!

2. Utilize Your Dishwasher More Strategically

Your dishwasher can be a secret weapon in your energy-saving arsenal.

Instead of rinsing dishes before loading them, simply scrape off excess food. Modern dishwashers are designed to handle dirty dishes, and rinsing can waste both water and energy.

When running the dishwasher, opt for the “air dry” setting instead of the heat dry option. It might take a bit longer, but your dishes will dry just as effectively without the extra energy expenditure. And here's a neat trick: run your dishwasher at night or during off-peak hours to take advantage of lower electricity rates.

3. Unleash The Power of Ceiling Fans

You might think, “Ceiling fans are nice for keeping the air moving, but how do they help save energy?”

Here's the deal: most ceiling fans come with a switch that lets you reverse the direction of the blades. In the colder months, switch your fan to run clockwise at a low speed. This creates an updraft, which pushes the warm air that naturally rises to the ceiling back down into the room. By doing this, you can set your thermostat a few degrees lower and still feel cozy, all while cutting down on heating costs.

It's a simple trick that can make a big impact.

4. Seal Your Home's Envelope

No, we're not talking about licking envelopes here, but rather ensuring your home is properly sealed against energy leaks.

A poorly sealed home can lead to significant energy loss, as warm air escapes in the winter and cool air seeps out in the summer. To combat this, conduct a thorough inspection of your home's envelope, including windows, doors, and even outlets. Apply weatherstripping and caulking as needed to seal gaps and cracks.

Additionally, consider investing in thermal curtains or blinds to provide an extra barrier against temperature fluctuations. A well-sealed home not only conserves energy but also makes your living space more comfortable.

5. Embrace Natural Light and Heat

The sun is a powerful ally in your quest to save on energy costs.

During the daytime, take advantage of natural light by opening curtains and blinds to illuminate your living spaces. This reduces the need for artificial lighting and creates a warm and inviting ambiance.

Furthermore, let the sun's heat work to your advantage during colder months. Keep south-facing curtains open on sunny days to allow sunlight to naturally warm your home. Remember to close them when the sun goes down to retain the heat. It's a win-win situation that requires no electricity and can significantly lower your energy bills.

In conclusion, while the conventional methods of saving on home energy costs are tried and true, these lesser-known strategies offer a fresh perspective on energy conservation.

By harnessing residual heat from cooking, optimizing your dishwasher's settings, using ceiling fans strategically, sealing your home against leaks, and embracing natural light and heat, you can reduce your energy consumption and put more money back in your pocket. Not only will you benefit financially, but you'll also contribute to a more sustainable planet by using fewer resources. So why not give these ingenious approaches a try?

Your wallet and the environment will thank you.

Author: Steve Adcock


Steve Adcock quit his job after achieving financial independence at 35 and writes about the habits millionaires use to build wealth and get into the best shape of their lives. As a regular contributor to The Ladders, CBS MarketWatch, and CNBC, Steve maintains a rare and exclusive voice as a career expert, consistently offering actionable counseling to thousands of readers who want to level up their lives, careers, and freedom. Steve lives in a 100% off-grid solar home in the middle of the Arizona desert and writes on his own website at MillionaireHabits.us.