How Can You Save More Money?
Do you consider yourself an energy and budget management master? Here are 7 interesting facts that you may not know.
1. Think about all those appliances and electronics you have plugged in at home right now. No one is using them but they’re using power even when they are off. This is called vampire energy and it’s costing you an extra 5-10 percent of your monthly electricity bill.
2. If you live in a deregulated state you can switch your energy supplier to lower your rate or switch to a renewable energy source. We recommend starting with StarTex Power, a leader in more than just energy. StarTex Power supports local organizations and works to improve the quality of life in the communities they serve. And, they are proud to support projects and causes focused on education, environment and economic development.
3. We’ve all done it, scalded ourselves when we turn on the hot shower. The factory default setting for your water heater is 140 degrees, which is way too hot for us to handle. Easy solution: turn it down to 120 degrees. The only difference you’ll notice is a cheaper electricity bill. Plus, check out these other tips to conserve energy so you spend less.
3. Heating and cooling your home makes up for about 50 percent of your energy usage. Do you have enough insulation in your attic? Are your doors sealed properly? Are your vents clear of furniture and your air filters clean? These are inexpensive ways to make the biggest impact on your energy bill. And fast.
4. Do you live in one of the most expensive states for electricity? Hawaii, New York, Alaska, Connecticut, and Vermont all top the list. Or one of the most affordable states for electricity? You’re in luck if you live in Washington, North Dakota, Idaho, Louisiana, and West Virginia.
5. The average American home uses 11,000 kilowatt-hours (kWh) per year with an average monthly electricity bill of $114. Is yours higher or lower?
6. Energy choice can mean cheaper energy prices. Switching to a new energy supplier is an easy way control your energy bills. When you shop for a new energy plan, you can choose your rate, plan duration and even pick green options.
7. American electricity comes from coal (39%), natural gas (27%), nuclear (19%), hydroelectric (6%), non-hydro renewables like wind, solar, geothermal, biofuels and biomass (7%), and petroleum and other (1%). In some states you can choose what percent of your energy comes from renewables versus conventional sources. Do you choose energy from renewable resources?
Bonus: Texas produces the most wind power of all U.S. states, providing 10% of Texas’s energy each year.