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Top 4 Ways You’re Throwing Away Money at Home (And What You Can Do About Them)

Expensive energy bills got you down? It happens to most people in the Sarasota area.

Expensive energy bills got you down? It happens to most people in the Sarasota area.

In fact, according to Energy Star, the typical home pays about $2,200 a year on energy bills.

But you can easily cut hundreds off that figure.

How? By being aware how you’re throwing money away with these 4 expensive energy wasters.

1) Using your thermostat irresponsibly

Money lost:

$180 a year
Remember this: heating and cooling takes up almost half ($1,100) of the $2,200 you spend on home energy each year. So using your thermostat irresponsibly strongly affects how much you pay on your energy bills.

Solution:

Learn energy efficient thermostat setting habits and install a programmable thermostat to help you solidify those habits. Doing so can save you $180 each year.

2) Keeping your water heater’s temperature at it’s factory setting

Money lost:

$400 in demand losses

Your water heater is set at 140 F. But, honestly that’s way hotter than it needs to be. according to Energy Star, keeping it at this temperature wastes “anywhere from $36 to $61 annually in standby heat losses and more than $400 in demand losses.”

Solution:

Set your water heater’s temperature setting at 120 F.

3) Not slaying energy vampires

Money lost:

$100 a year
Energy vampires electronic devices in your home that continue to “suck” energy even though they’re not on.

Solution:

Learn what major energy vampires are in your home and unplug them when you’re not using them. Or plug them into a smart power strip.

4) Skimping out on heating and air conditioner maintenance

Money lost:

Hundreds

Maintenance makes the difference with your heating and cooling system. It lowers not only your energy bills but also the frequency of costly repairs as well.

Solution:

Get a maintenance plan with a professional contractor, and keep maintenance up on your end (like changing the air filter when it’s dirty).

Fun energy efficiency resources

To learn more about what you can do to save money in your Sarasota-area home through energy efficiency, check out these 3 interactive online tools. Or ask one of our experts for help.