energy saving tips to help with paying for energy bills

7 Energy Savings Tips For A Lower Energy Bill

Are you searching for energy savings tips to help you lower your energy bill? As energy costs have risen substantially over the last year, it is wise to ensure that you have a lower energy bill and more money in your pocket every month. You can use this extra money you save when you reduce energy bills to invest in your savings or emergency fund.

In this guide from Tennessee Title Loans, Inc., we will explain seven tips for saving on energy costs. We will also go over how those facing a financial emergency can turn to our title loans to get fast cash the same day you apply.

The Top 7 Tips To Reduce Energy Bills

Inflation has had a large effect on the way people budget to account for increased costs of living, groceries, electronics, etc. One of the ways inflation has effected American citizens is by raising the average cost of energy bills. Energy bill costs have increased by over 2% over the last year.

These increases have led to anxiety among many Americans. A Lending Tree study found that 34% of American adults have had to reduce energy bills to get necessary savings due to inflation. You can do the same to help you afford your energy bills if they have increased over the last few years.

The following are seven energy saving tips to reduce your monthly costs:

woman lowering thermostat to reduce energy bills

1. Conduct An Energy Audit

Is your current air conditioner, water heater, or other appliance in your home or office working harder than it should? If one or more of your appliances are laboring harder than they should, this can contribute to an increased energy bill. It’s essential to conduct an energy audit to check the condition of your current appliances first to ensure they work correctly.

A home energy audit will determine your energy efficiency to ensure your electronics are only using as much power as necessary.

Most people need help doing an energy audit and request their gas and/or electric service provider send an inspector to examine their home or office for insufficient appliances. An inspector can check for other possible energy-leaking pitfalls, such as insufficient insulation and air leaks. They can suggest solutions to any problems they may uncover, and you'll be on the way to saving 5% to 30% on your energy bill.

2. Unplug Unused Appliances

About 10% of an average home's energy is wasted on appliances plugged in while not being used.

You may be surprised how many items you can safely unplug when not in use. For example, coffee makers, charging cables, and cable boxes do not have to be constantly plugged in. You can even unplug your home computer overnight or while away for a few days.

Look around your home or office and see what you can unplug when not in use. If you need help saving on energy costs, unplugging unused appliances can easily help you save up to 10% on your energy bill.

3. Use Your Dishwasher When It’s Full

You may run your dishwasher every day, regardless of how many dishes are in there. That is a mistake because your dishwasher will use the same amount of energy when full as it does when half-filled. For this reason, you can save energy by only running it when it’s full.

Rather than wasting energy on a quarter or half-filled dishwasher, just wait a day or two until you have enough dishes to fill it up to make your dishwashing more energy efficient.

4. Conserve Hot Water

The average home uses about 20% of its energy to heat water. We are not saying to take fewer showers or cold showers, but lowering the amount of hot water you use during showers can help reduce energy bills.

You should also consider turning down your water heater's resting temperature. You may be surprised, but most heaters are 20 degrees above the Department of Energy's recommendation. Try adjusting your heater and washing your clothes in cold water to help with saving on energy costs.

5. Avoid Washing Dishes by Hand

Another energy-saving tip is to avoid washing dishes by hand. On average, washing dishes by hand uses about 21 gallons of hot water more per day than using a newer dishwasher, which uses only about 6 gallons of hot water per cycle.

You may think doing it by hand rather than using an appliance can reduce energy bills, but the opposite is true. For those looking to increase energy efficiency, invest in a new dishwasher that can clean your dishes using less energy.

6. Turn Off Heating Or Cooling When You’re Not Around

When people go out to work during the summer and winter, they may keep their air conditioning or heating on so their home is at the optimal temperature when they get home. However, this can take up a lot of energy. Wasting energy when you’re gone for hours is not an efficient way to handle your energy and can increase the cost of your energy bills.

Turning off the heater or AC can make a significant impact. When you leave your home, turn it off or adjust the thermostat to a lower setting. This can help with energy efficiency and reduce energy bills.

7. Regularly Change Your Air Filters

One reason to do a home energy audit is to ensure your appliances work properly. Another way to avoid that is to change your air filters regularly. Clogged filters make appliances work harder and increase your energy bills.

Have your filters changed every two to three months so everything works efficiently. It can also help to increase the air quality of your home.

Pay For Financial Emergencies With Tennessee Title Loans

Following these energy savings tips can help reduce your energy bills, but the savings may take a bit of time for you to benefit from. In the meantime, financial emergencies, such as medical bills, home repairs, or unexpected travel costs, may arise. If you cannot afford them, title loans from Tennessee Title Loans, Inc. can help.

Title loans are secured loans that let you borrow up to $2,500 in emergency cash by offering your lien-free car title as collateral. Borrowers can get approved the same day they apply, regardless of the credit score, after just a few easy steps.

You can start the process online by filling out our contact form. One of our loan associates close to you will call you and explain the process. You can then meet them at a Tennessee store location nearest to you. They will verify your requirements and inspect your car to determine its value. After signing the paperwork, you can receive your emergency cash by the same day or the next business day.

man happy about energy saving tips

Apply For Title Loans In Tennessee – Borrow Up To $2,500 Today!

While the abovementioned energy savings tips can help you save money, it may take a little while for you to feel the savings. In the meantime, Tennessee Title Loans, Inc. can help you when faced with urgent expenses you cannot afford.

Our title loan process is speedy and only requires you to complete a few steps. You can get approved after meeting simple requirements, allowing you to receive your emergency cash by the next day. Don’t wait for the financial aid you need; fill out our online inquiry form today!

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.