The average family in the United States spends more than $2,200 each year on utilities.
For most people, the electric bill, which covers the electricity used to light your home and run your appliances, makes up more than half of monthly utility costs. If you're looking for a way to cut down on your utility bill, finding ways to save on electricity spend is a good—and easy—place to start.
How to lower your electric bill
If your utility costs are on the rise, you're probably asking yourself, “Why is my electric bill so high?”
Take a look at some of the most energy-sapping culprits in your home, and a few easy things you can do to reduce your electric bill:
1. Use a smart thermostat to reduce your heating and cooling costs
In the summer months, electricity rates go up due to the high-energy usage of HVAC systems to cool your home. Gas rates increase in the winter in order to heat the home. This fluctuation in energy usage can make it feel like you just can't win. But you can.
With a smart thermostat, like the Vivint Element Thermostat, you can save on your heating and cooling costs without even thinking about it.
The Element thermostat automatically adjusts the temperature based on your preferences and location. This means you stay comfortable while you're at home, and the thermostat can automatically adjust the temperature—raise the temperature in the summer, or lower the temperature in the winter—while you're away to save you money. And you don't have to lift a finger!
Not only do you enjoy increased comfort, and save time hassling with a thermostat, but the Element Thermostat can save you up to 12% each year on your energy bill. It's a smart device that can literally pay for itself over time.
2. Use ceiling fans
If you live in a warmer climate, 60 to 70% of your summer utility bills go towards cooling your home. In addition to using a smart thermostat, you can also cut down on cooling costs significantly by installing ceiling fans. In fact, running a ceiling fan costs just one penny to run for three hours. An air conditioner, on the other hand, costs about 36 cents an hour to run.