How To Save Power & Slash Your Electric Bills ( Part 2 )

By | December 9, 2018

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Welcome back to Part 2 of How To Save Power & Slash Your Electric Bills!

Did you use some of the tips in Part 1 to save power? Good on you! Remember to head over to Part 3 of How To Save Power & Slash Your Electric Bills where I have more clever tips for you to save power!

My tips and tricks can easily save you 25% of your power bills. They’ve helped me save up to 50% of my electric bill compared to 20 years ago.

Nowadays my typical power bill is about $60 in winter, but before, it was about $106. And that’s despite inflation driving up power prices over all these years!

Here are more tips to save lots of power, and they can be used for all-year-round savings 🙂

Evergreen Power Saving Tips

#16. Switch to a cheaper utility company

This is the best move that can save you a couple of hundred dollars a year. But make sure you are aware of what the switch involves. Sometimes there are termination and other fees involved.

You can also consider OhmConnect

Did you know that you can be paid to save energy in your home? Yes, it’s true!

I’ve discovered that OhmConnect pays their users to save energy once a week. You’ll need to connect your utility account and this service is available to to 95% of the homes in California.

I’d loved to use this service, but it’s not available at my location.

What a great way to make some passive income.

You gain both ways!

Save money by using less energy AND on top of that, get rewarded for using less power.

You receive alerts from OhmConnect that help you keep your energy usage on track.

Sign up with OhmConnect here and start saving money now.

How does it work?

Simple, OhmConnect rewards you with points. You get $10 for 1,000 points. When you reach a minimum of 1000 points, you can cash it out using PayPal. You can also use points to buy $20 gift cards from the OhmConnect store.

Did you know that you’ll also get a $20 bonus for every friend that you refer? Seriously, with so many advantages, sign up with OhmConnect and get your rewards!

#17. Change your lights to energy savers like LED or Compact Fluorescent (CFL) lights.

LED light bulbs cost more but they can last up to 23 years. Incandescent light bulbs are cheap, but often last only about a year.

The power savings using LED bulbs are significant – they use as little as 12 percent of power compared to incandescent bulbs. LED bulbs cost more, but users enjoy substantial power savings in the short and long term.

What if I’m on a budget?

Just use LED lights in places or rooms where lighting is needed the most. This way you need to buy just a few LED bulbs.

If you’re near a Dollar Tree store, the LED lights can cost only $1 apiece if you buy a set of four 🙂

What if I can’t switch to LED lights?

If your fixtures don’t allow switching to LED lights, switch to using Compact Fluorescent (CFL) bulbs instead. CFL lights give great savings too – they use only about 24 percent of power compared to incandescent bulbs. CFL lights have an advantage of being quite cheap and they easily replace incandescent bulbs.

Check out this helpful website to find out more about lights.

Subscribe buttonGet your FREE Smart Goals Planner and Budget Success Planner when you click on the SUBSCRIBE button above.

#18. Never leave unneeded lights on

Who left the lights on? (Frown…)

A very common habit is forgetting to switch the lights off when they’re not needed.

Remind one another to switch off the lights. Or stick a note near the switch as a reminder.

#19. Never leave appliances on standby

Switch off TVs, computers, phone chargers and other appliances. Don’t leave them on standby. Leaving them switched on at the mains can add about 10 % more to your power bill.

Use a power strip for different electronics. This makes it much easier to switch them all off at the same time.

According to the New York Times, “devices that are “off” or in standby or sleep mode can use up to the equivalent of 50 large power plants’ worth of electricity and cost more than $19 billion in electricity bills every year” in the US.

Appliances on standby or sleep mode contribute to about 37% of carbon dioxide released in the US.

Let’s switch appliances off totally – save money and reduce the harmful effects of climate change.

#20. Don’t leave your devices charging all the time

When your phone or tablet has been 100 percent charged, switch off and unplug from the mains soon after. This saves you power. Don’t waste power for nothing.

I admit I’m guilty of this, but I’m working on it 🙂

Set a timer to remind yourself to unplug your devices as you’ll often know how long it takes for the charging to be done.

#21. Check for forgotten appliances

Have you forgotten about that chest freezer in the garage that’s empty or nearly empty but is still running?

It can use about 103 kWh of power, which means you’ll save $14 a month!

#22. Choose energy efficient appliances

Choose the most energy efficient appliances when replacing them. This is especially important for big appliances like your fridge, freezer or tumble dryer.

Look for the highest and best energy star rating. You may pay a bit more up front when buying, but in the long run you will save a lot more money on electricity.

#23. Control your thermostat

Adjust your thermostat and save on your heating or cooling bill.

In winter, adjust your heater thermostat to make it comfortably warm. Wear thermals if needed.

During summer, do the opposite. Adjust the temperature a little higher than usual, so that your AC uses less energy, and you save more money.

#24. Use free or cheap off peak power

Our power company offers a FREE hour of power every day. Thanks to this, we save up to 50 percent of our monthly energy bills.

During this free hour, we:

-Turn on the heating in every needed room and keep the doors closed to prevent the heat from escaping

-Switch our room heaters off after an hour

-Bake a cake in the oven

-Switch on the heating for our water cylinder

-Boil hot water to keep in flasks

-Charge our smartphones

-Use our washing machine on a full load

-Use our tumble dryer if needed

-Turn on the AC in the lounge

Even if you don’t have free power, you can do the above during off peak power periods – you’ll lower your electric bill by a lot.

Wrap Up

There’re so many simple ways to save power.

We may make occasional slips but that’s OK. We’ve forgotten to turn our power off at times, for more than an hour.

Just keep going and tell yourself you’re doing great. Track your efforts. Is your energy bill going down? The important thing is to persevere, and frugal habits will take root.

When we save power, we save money and the environment.

Head over to Part 3 where you’ll get the rest of my power saving tips! Don’t forget to subscribe below to receive more useful tips to live a better life!

Subscribe buttonGet your FREE Smart Goals Planner and Budget Success Planner when you click on the SUBSCRIBE button above

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11 thoughts on “How To Save Power & Slash Your Electric Bills ( Part 2 )

  1. Wanda Lave

    […] We’ve already done a few things to this space since moving in a little over a year ago including painting the walls white, replacing the range, switching out the light fixture, and adding under/over cabinet lighting. […]

    1. moremoneytips Post author

      Great things you’re doing to raise power efficiency and reduce the power bill. Thanks for sharing Wanda 🙂

  2. Robin Mcmunn

    Great Article ! I’d like to convert the two 4-ft single linear T-12 fixtures in my kitchen to LED lights. These are 40W bulbs but I’ve measured 45+ watts probably due to inefficient ballasts.

    1. moremoneytips Post author

      Hi Robin, Great idea! Wishing you success in your energy saving 🙂

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    1. moremoneytips Post author

      Thanks Corey. Do visit for new ideas on personal finance.

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