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The Average Electricity Bill and Tips to Cut Electric Costs

The average electricity bill for United States residential properties is about $1,600. In Australia, on the other hand, the average homeowner spends about $1,200 for their electricity bills. For some churches, public buildings, or businesses, monthly electric consumption can cost about $10,000 more higher. It becomes a challenge for many homeowners to pay for these bills as the economy is not as promising as it was. You can say the same thing for businesses.

What is more depressing to note will be in the coming years when you can expect to even pay higher electric bills with diminishing global fossil fuel supplies and rising value of energy. Change must start now in terms of how people consume energy if you want save on electricity and ensure future sustainability.

Before knowing how you can lower electric bills, you have to know what makes them high in the first place. Almost half of the average electricity bill is attributed to your air conditioning and heating systems. When you talk about electricity consumption, a lot of people are guilty about regulating the temperatures of their properties inefficiently. Often, buildings that don’t get proper insulation lose much of their artificial heat. Also, you can expect more heat to be lost when your doors and windows are not properly sealed. In these scenarios, the money you spend on heating your house or building just comes to a waste.

What makes it impossible for you to lower electric bills at home is the use of inefficient appliances and lighting. Many advancements in technology have helped enhance the energy rating of many appliances and lights. A great way to save on electricity and lower your average electric bill is to switch to using these products. Unfortunately, there are still a lot of people who are on the fence on investing in green technology, not realizing that they can truly save more.

When it comes to keeping your average energy consumption down, there are ways that will not require a lot from you in terms of your resources and finances. One of the simplest methods to help save on electricity at home is to switch your lighting to fluorescent lighting. Though you may have to pay a bit higher for the upfront costs of these lights than your usual incandescent bulbs, they will generally last eight times longer than the latter. Moreover, you get to use less electricity with it. By following this simple method, you may be able to save as much as $50 from your annual average electric bill. You are saving a great deal from this.

Another method of saving money on your electric bills is to improve insulation in your property as well as factors affecting heating and cooling. Make sure to improve home insulation, and you can save as much as $150 each year. The installation of double pane windows also help you save $80 more per year.

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