6 Measures Homeowners can Take to Cut Costs as Inflation Soars

The average electric bill for a United States home in 2020 was $117.65 per month, according to the latest data from the U.S. Energy Information Administration (EIA). 

Additionally, they're forecast rates to continue to rise – possibly as much as 3.8% this year. 

Reducing electric use, and therefore that bill, is one of the easiest ways frugal homeowners can use to save money on utility bills – and fight against the pollution that is killing our planet. 

Turn Down the Heat or Lower Your A.C.

Rhea Henry from EnergyRates.ca says that turning down your heat or lowering your air conditioning is one of the best ways to use less electricity. 

Switch From Incandescent Bulbs to LED Bulbs

A standard incandescent bulb uses roughly 60W of electricity and costs approximately $5 per year in electricity costs, while an LED uses 9.3W and costs just $1. 

Seal and Insulate your Property

According to the EPA, when you seal and insulate your property, you can save as much as $200 or 10% off your overall utility expenses. 

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