Are you overpaying for your utilities? Even without checking your bill, there are telltale signs that your energy costs are probably higher than they should be.
By identifying these red flags, you can take steps to reduce your energy consumption and lower your monthly expenses.
If you’re over 50, take advantage of massive discounts and financial resources
Over 50? Join AARP today — because if you’re not a member you could be missing out on huge perks. When you start your membership today, you can get discounts on things like travel, meal deliveries, eyeglasses, prescriptions that aren’t covered by insurance and more.
How to become a member today:
- Go here, select your free gift, and click “Join Today”
- Create your account (important!) by answering a few simple questions
- Start enjoying your discounts and perks!
Important: Start your membership by creating an account here and filling in all of the information (Do not skip this step!) Doing so will allow you to take up 25% off your AARP membership, making it just $12 per year with auto-renewal.
You run appliances during peak times
Many energy companies charge different rates depending on the time of day. If your energy company charges more during peak hours, consider limiting your electricity use during those times.
Peak hours are typically during the weekdays, but exact time frames vary. Check with your local energy company and avoid using energy during those times.
You always have your HVAC unit on
If your HVAC system is always running, you’ll likely have a high utility bill. Keeping it set at a high or low temperature while you’re away can hugely contribute to the cost of your bill.
Consider installing a smart thermostat to alleviate the issue. Then, you can set your thermostat at a different temperature than you like when you’re home, preventing your HVAC unit from continuously running.
You don’t utilize natural light sources
Leaving your lights on all the time is sure to raise your utility bill. Each time you turn on a light during the day, instead of opening your curtains, you use unnecessary resources.
During the day, start by opening your curtains or blinds before opting for overhead lighting or lamps. Try to keep your lights off as much as possible when natural light sources are available.
Resolve $10,000 or more of your debt
Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1 <p>Clients who are able to stay with the program and get all their debt settled realize approximate savings of 46% before fees, or 25% including our fees, over 12 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Please consult with a bankruptcy attorney for more information on bankruptcy. Depending on your state, we may be available to recommend a local tax professional and/or bankruptcy attorney. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating.</p>
How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.
Your insulation isn’t sufficient
Your utility bill is likely higher than it should be if you have insufficient insulation. You’ll lose temperature-controlled air through the areas that are lacking, spiking your utility bill.
If you think your insulation isn’t working as well as it should, it might be time for an update. You can add insulation to necessary areas to keep temperature-controlled air inside where you need it.
You leave appliances and electronics plugged in when not in use
Appliances use energy, costing you money, even if plugged in but not turned on. Chargers and other electronics do the same thing; they pull electricity even when you don’t need it.
These are often called “vampire devices” because they seem powered down but are actually in standby mode.
One way to remedy this is to plug your appliances into a power strip. With a power strip, you can turn the power strip off and ensure unused devices aren’t using electricity.
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There’s faulty wiring in your home
Faulty electrical wiring can lead to a high electricity bill because the wires may get hotter than they’re supposed to. You may notice that your circuit breaker trips frequently, the lights buzz or flicker, or the outlet and switches in that area may become discolored.
If you have any of these issues, hiring a professional is the best option. Electrical issues can be dangerous, so you should not wait for them or try to repair them yourself.
You have drafts from leaks
Air can escape through leaks in your home, leading to temperature fluctuation even when your heating or cooling system is on. When this happens, your system will work harder to keep your home at the temperature you want.
You can stop drafts by sealing the leaks, replacing windows, or installing draft guards. Check your home for areas that seem to have a different temperature than the rest of your home to see if a leak is the culprit.
Your appliances are outdated
Older appliances are less energy-efficient than updated ones. This means that they use more energy, making your utility bill higher than it needs to be.
Consider updating your appliances to energy-efficient options to lower your bill. Look for units with an Energy Star efficiency rating to ensure you choose something efficient.
You’ve skipped equipment maintenance
Skipping appliance maintenance can cost you money in the long term. Dirty or malfunctioning equipment has to work harder to do its job because it isn’t as efficient.
You can fix this problem by scheduling regular maintenance on your appliances and making sure they’re always clean and have well-working parts. If you don't know how, a professional can do the maintenance for you.
Earn cash back on everyday purchases with this rare account
Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2 <p>See website for details.</p>
With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!
This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.
Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.
Bottom line
Your utility bill could be lower, especially if you have any of the signs mentioned. Making changes to have a more energy-friendly home can help you avoid wasting money.
Not only will improving energy efficiency lower your utility bill, but it also helps protect the environment.
Lucrative, Flat-Rate Cash Rewards
FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.
Wells Fargo Active Cash® Card
Current Offer
$200 cash rewards bonus after spending $500 in purchases in the first 3 months
Annual Fee
$0
Rewards Rate
Earn unlimited 2% cash rewards on purchases
Benefits
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Drawbacks
- Foreign transaction fee of 3%
- No bonus categories
- Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
- Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
- Earn unlimited 2% cash rewards on purchases.
- 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. 19.49%, 24.49%, or 29.49% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
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- Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
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