According to estimates, most people spend $111.67 per month on their energy bills. For many households, each month’s electricity bill brings unwanted surprises that can be downright shocking that result in an exasperated “Why is my electric bill so high?”
We know that paying too much for electricity can be frustrating. That’s why we’ve compiled a list of some of the biggest reasons why your bill is so high.
Keep reading to find out more!
1. You’re Using the Wrong Light Bulbs
Yes, as strange as it may sound, there is such a thing as a ‘wrong’ light bulb. Traditional, incandescent bulbs might seem cheap, but they’re notorious power hogs.
Energy.gov points out that switching to bulbs with ENERGY STAR approval, you’ll use between 25%-80% less electricity. So while compact fluorescent lamp (CFL) and light-emitting diode LED bulbs might cost a bit more upfront, using them can help you save a ton of money.
2. You’re Keeping Unused Appliances Plugged In
This is easily one of the biggest culprits of a high electric bill, but it’s also one of the easiest habits to change. From phone chargers to computers and lamps, we tend to leave our electronics plugged in even when we’re not using them.
However, it’s important to note that even appliances that aren’t in use utilize electricity if they’re plugged in.
Get in the habit of unplugging chargers and other appliances after use.
3. Your Heating and Cooling Stays on While You’re Not Home
Most households see the biggest spikes in their bill during the warmest and coldest months of the year, as we use heating and air conditioning to stay comfortable.
While you’ll experience a small spike no matter what, one easy way to save during these high-usage months is to turn off your heating and cooling when you leave the house.
You may also want to inspect your home’s insulation. If your insulation is thinning or you have cracks near your windows and doors, air can easily escape, which means you’ll have to run your HVAC system has to expend more energy to raise or lower the temperature.
4. You’re With the Wrong Electric Company
While not everyone has options when it comes to choosing their electric company, it’s worth looking online to see if you can switch to save. Use a tool like Electricity Scout to compare rates in your area.
Switching providers is easier than you might think and could save you hundreds of dollars per year.
5. You’re Using Too Much Electricity During Peak Hours
No matter what provider you have, they’ll likely charge more during certain hours of the day. During these hours, known as peak hours, electric companies experience an increase in demand.
Typical peak hours take place during business hours and into the evening. Conserving energy during these hours is an easy way to shave a few dollars off of your bill each month.
Why Is My Electric Bill so High? Lower Your Bill Today
Aren’t you tired of asking “Why is my electric bill so high?” By accounting for these five factors, you have everything you need to lower your monthly bill. Making a few simple changes could save you hundreds!
For more great money-saving tips and other life hacks, be sure to check back with our blog.