10 Tips to Lower Your Utility Bills

10 Tips to lower your energy bills | Logan Ut Home Loans

Everyone would love to see their utility bills go down, but sometimes it seems like it would take a huge investment to make that happen. In reality there are a few simple tricks and minor adjustments to your lifestyle that can help you drive down energy costs. Here are 10 easy things you can do in your home to help reduce utility costs and save money for years to come.

1. Upgrade to LED Light Bulbs

Upgrading your light bulbs can save you money, like $240 a year. Incandescent light bulbs use a lot more energy than LED light bulbs, and that additional energy just goes towards heat. For example, an incandescent light bulb needs 60 watts of energy to generate the same amount of light as an LED light bulb that only uses 9 watts, so that’s like 50 watts going towards heat. According to Cree LED's website, you can save nearly $20 a month by switching all your light bulbs to LED.

Some people say that the cost to buy LED light bulbs negates the energy savings they offer. A few years ago that might have been true, but now LED light bulbs are very affordable. A 16 pack of Philips LED light bulbs (60 watt equivalent) cost $24.97 on Amazon, making each light bulb just over a $1.50.

2. Put Additional Insulation in Your Attic

Proper insulation in your attic helps keep your home cooler in the summer and warmer in the winter, saving you from higher energy costs. Because of the extreme weather changes we experience here, you need to have at least enough insulation in your attic that you can’t see the joists on the floor. It’s recommended, however, that you have between 14 and 18 inches of insulation to save the most on your energy bills.

Questar Gas and Rocky Mountain Power will help pay for the insulation you add to your attic with their great rebate programs:

Questar Gas will pay 7 cents per square foot OR 25 cents per square foot depending on the amount of insulation required. Learn more about Questar Gas’ insulation rebate.

Rocky Mountain Power will pay 10 cents per square foot of insulation. Learn more about Rocky Mountain’s insulation rebate.

3. Install a Smart Thermostat

Heating and cooling your home cost a lot, nearly half of your energy bill! Installing a smart thermostat gives you better control over your home’s temperature and associated cost. As the smart thermostat learns your schedule and automatically adjusts the temperature when you’re not home, you save money! According to EcoBee’s website, their product can lower your monthly heating and cooling energy costs by 23%.

Smart thermostats are slightly more expensive, but you can get a $100 rebate from Questar Gas, making them comparable to other programmable thermostats. Learn more about the Questar Gas Smart Thermostat rebate.

4. Set the Temperature on Your Water Heater to 120 Fahrenheit

Setting your water heater’s temperature to 120 degrees Fahrenheit is perfect because it provides water that’s hot enough for your needs without scalding you. It takes a lot of extra energy to heat the water in your tank above 120 degrees, and that water is too hot to use anyways. By lowering your water heater’s temperature you’ll lower your energy costs without affecting your hot shower.

5. Seal Your Electrical Outlets

You’d be surprised to know that a lot of air escapes from the outlets in your wall. Electrical boxes typically don’t have any insulation behind them, which creates a hole where air can enter or leave your home. Installing Socket Sealers can prevent air from circulating through your electric sockets and help reduce your heating/cooling expenses. Socket Sealers are very affordable on Amazon and they only take a minute to install. Simply unscrew your outlet cover, put on the socket sealer, and re-install the cover plate.

6. Use Smart Power Strips

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