The 10 Most Unanswered Questions about

Understanding Your Electric Bill Better and Ways to Save on Electricity

For residential properties in the United States, the average electric bill is more or less $1,600. In Australia, on the other hand, the average homeowner spends about $1,200 for their electricity bills. When it comes to some public buildings, businesses, or churches, the monthly costs for consuming electricity start at $10,000 or higher. It becomes a challenge for many homeowners to pay for these bills as the economy is not as promising as it was. You can say the same thing for businesses.

As the value of energy continues to rise and fossil fuel supplies from around the world continue to diminish, you can expect your electricity bills to soar higher in the coming years. To save on electricity and ensure a sustainable and more affordable future, people need to change the way they use energy.

Before knowing how you can lower electric bills, you have to know what makes them high in the first place. When you look at your average electric bill closely, half of the amount that goes into it comes from your air conditioning and heating systems. It is very much common for the majority of people to inefficiently regulate the temperature in their property, which in turn, negatively affects their electricity consumption. In many cases, artificial heat gets lost from the building because it is not properly insulated. Also, you can expect more heat to be lost when your doors and windows are not properly sealed. In these scenarios, the money you spend on heating your house or building just comes to a waste.

The use of inefficient appliances and lighting is another major source of high utility bills. These days, though, there is an improvement in the energy rating of appliances and lights thanks to advancements in technology. When you choose to use these products at home or in the office, you can save on electricity and how much you pay for your average electricity bill. Sadly, not a lot of people are well aware of the advantages of switching to new, green technology in this day and age.

Reducing your average energy consumption is not as complicated or expensive as it seems. One of the simplest methods to help save on electricity at home is to switch your lighting to fluorescent lighting. Even if the upfront costs for this type of light are much higher than those of incandescent bulbs, they will last you eight times longer, generally. At the same time, they also consume less electricity. According to statistics, you can save as much as $50 from your annual average electricity bill by taking this step. You are saving a great deal from this.

Another way to help you save more on your electric bills is to do something about your insulation at home or other factors that influence heating and cooling. You can save about $150 each year if you improve the insulation of your home. The installation of double pane windows also help you save $80 more per year.

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