30 Smart Ways to Save Money on Utility Bills (2024)

When it comes to saving money around the house one of the major things to focus is on how to save money on utilities.

Too often, people get surprised at how high their electricity or water bill is by the end of the month. However, you can avoid these surprises and save a considerable amount of money per month by just making some adjustments at home.

I’ve created a list of simple things you could do or adjust around your house, so that you can save money on your utility bills. By implementing these simple tips, you will be able to lower the costs of your utility bills at home and save hundreds of dollars in the long run!

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30 Tips for Saving Money on Home Utilities

Knowing how to save money on your utility bills is beneficial for you and your budget at home.

Reducing your household expenses will free up money that can be used towards paying off debt, increasing an emergency fund, saving for vacation, or funding a college tuition for your kids. The tips below will help you reduce your utility bills at home.

1. Adjust your Thermostat.

During summer and winter time adjust your thermostat a couple of degrees higher or lower. By doing this simple adjustment to your thermostat, you can save money on your electric bill.

2.Unplug Appliances When You Aren’t Using Them.

This is the simplest tip when it comes to saving money on your utility bills. Do you know some electronics still draw electricity even though they’re turned off? This involves things like computers, lamps, coffee makers, etc.

The best thing to do here is to unplug electronics when it is not being used. Something that can be convenient and inexpensive is to use a smart power strip.

Besides, protecting electronics from occasionally power outages or voltages spikes, a smart power strip could help you to quickly cut power and conserve energy when your electronics aren’t in use.

3. Install Energy Saving Lights.

Try to replace your old light bulbs with energy-efficient lighting. Although the price might be higher than a regular light bulb, in the long run, they will save you money. They use less energy, last longer and have the potential of drastically reduce your energy bills.

4. Use Ceiling Fans.

Ceiling fans can work to your advantage during summer and winter times. Adjust your fan counterclockwise for summer and clockwise for winter time.

Switching the directions of the blades will help the air flowing around your house to circulate better, and therefore this will save you money on electricity.

5. Do Your Chores at Off-Peak Rates.

Different cities or towns offer electricity rate discounts for utilizing electricity during off-peak times (usually at night).

You can call your power company and inquire if they offer this option and what is the time frame for it. If they offer cheaper rates, then take advantage of it and do most of your chores that require electricity at that time than when the price is high.

6. Use Dryer Balls.

Using dryer balls in the dryer will help you reduce the amount of time needed to dry your clothes. These dryer balls are the inexpensive alternative that will help you save money on your power bill.

7. Wash Clothes in Cold Water.

Try to minimize the use of hot water during laundry. Cold water uses less energy compared to hot water, and it is better for your clothes!

8. Do Full Loads Laundry.

Full loads will consume less energy than washing two half loads. In case you just need to get small batches of clothes wash, wash them by hand. By doing this, you will save money on your electric and water bill.

9. Give Maintenance to Your Dryer.

Your dryer machine will work more efficiently by giving it the proper maintenance. This includes keeping the lint trap clean after each time you dry your clothes.

Also, don’t forget about the dryer’s vent, clean it at least every four to six months. You will use less energy, and your utility monthly bill will be reduced.

10. Lower Your Water Heater Temperature.

According to the U.S. Department of Energy, most households need their water heater thermostat to be set at 120 º F. Every 10 º F of water heater temperature reduction can save you $30 per year. So, make sure you are not using a higher temperature and wasting too much heat.

11. Use the Microwave for Heating up Food.

When possible, use the microwave to heat up food. It utilizes less energy than a regular stove.

12. Repair Leaky Faucets.

Check your faucets at home and if any of them is dripping water, repair this immediately. A leaky faucet that drips all day long, waste approximate 5 gallons of water per day.

13. Replace Showerheads.

If you still using regular showerheads, consider replacing them with water-saving showerheads. You can install low-flow showerheads around your house to save money on your water bill. This is a one-time investment that will be worth in the long run!

14. Use Your Dishwasher Efficiently.

Try to use your dishwasher when it’s full and when possible skip the pre-rinse. Also, keep in mind that using your dishwasher will save more water than washing your dishes by hand.

15. Wash by Hand Bulky Pots, Pans and Dishes.

Bulky items take too much dishwasher space; it is better if you wash them by hand. You will save not only space but also hot water and electricity.

16. Avoid Heat Dry Time.

Stop your dishwasher before the dry heat option. You can let your dishes dry naturally and save money by keeping your power bill low.

17. Reduce Shower Times.

Besides using a low-flow showerhead, to reduce your water bill aim for shorter shower times instead of longer ones.

18. Turn Off Running Water.

Leaving the water on while brushing your teeth or any other chore where water is not needed immediately can add up costs. Practice the habit of turning off the water when it’s not in use.

19. Check for Leaky Toilets.

Leaky toilets can waste approximately 200 gallons per day! That’s a lot of water! So, to avoid any surprises with an expected high-water bill, fix any leaky toilet as soon as possible.

An easy way to check for a leaky toilet is by placing a food coloring or dye tablet into your toilet’s tank. Avoid flushing your toilet for at least 10 minutes. After this, check if the water inside your toilet is colored if so, your toilet is leaking water, and it needs to be fixed.

20. Consider a Dual Flush Toilet.

Dual flush toilets have the capability of saving water and money. You can also get a dual flush toilet kit as an inexpensive alternative and start reducing the amount of water a regular toilet uses. It can save you money and reduce your water bill.

21. Insulate Your Hot Water Pipes.

According to the Energy Department, uninsulated pipes produce a greater heat loss than insulated pipes. By insulating your hot water pipes, your heat loss will be reduced and this will save you some money.

22. Air Dry Your Clothes.

When possible, try to air dry your laundry so you can save money on your electricity bill. If it is winter season a good alternative can be used, a folding drying rack that will save you space and money.

23. Check for Air Leaks.

Windows and doors can cause air leaks around your house. This will lead to higher electricity bills. Foam sealants or sticky rubbers can help with most open gaps between windows, switches or doors outlets. This will ensure a reduction in your heating and cooling costs at home.

24. Change Your HVAC Filters Regularly.

This is the best way to ensure that your HVAC at home runs properly. Additionally, by changing regularly, you will lower your utility bill at home. One way to save money on filters is by buying them in bulk. Find out the dimensions you’ll need and get a 6-8 pack from Amazon for much less price than the regular store.

25. Cut the Cord.

If you still have satellite or cable, cancel it now! It is crazy how much money a family spends every month for these services. You’ll save hundreds of dollars a month by cutting the cord.

At home, we use this digital antenna and watch many channels for FREE. By installing a digital antenna and cutting your cable, you will have the potential to save hundreds of dollars every year.

Optional you can sign up forAmazon Prime Subscription. This along with a digital antenna, you will access tons of movies, music and TV channels on demand. Amazon also offers two-day FREE shipping service on millions of items to its Prime subscribers.You can sign up for Amazon Prime and start your30-day FREE Trial here.

26. Eliminate Home Phone.

Get rid of your landline phone service and only keep your cell phone service. It will save you at least an average of $50 every month!

27. Switch to a Cheaper Wireless Plan.

These days, wireless service plans are costly. Every month this takes a big part of your paycheck. Try to switch to a cheaper service such as Republic Wireless. With Republic Wireless you could get a plan for only $15 a month and save a lot of money per month. You can learn more about Republic Wireless here.

28. Install a Programmable Thermostat.

A programmable thermostat will make the difference in your electricity bill. With it, you can easily set your home temperature to be lower during the day time, when you are not at home or while you sleep at night.

Also, programmable thermostats like Nest have an advanced technology that allows you to learn your daily habits at home and adjust your home temperatures automatically. This will help to cut your electricity bill and save money.

29. Use a Slow Cooker.

Cooking in a slow cooker will save you a lot of money on your energy bill. This is because it utilizes less energy than cooking the traditional way.

I own an instant pot and love it because it saves me so much time and money. Besides you can use it as a pressure cooker, slow cooker, rice cooker, steamer and many other options. If I have leftovers, I usually pack it, freeze it, and use them later! If you’re interested to know, this is the model I own.

30. Replace Your Old Appliances.

This can be a bit of investment up front but when possible consider replacing old appliances with efficient Energy Star appliances. This new technology can lower your high energy bill at home.

Final Thoughts

Saving money on your utility bills is possible by just being conscious of the usage and identifying any potential waste of water, energy, and other things around your home.

Probably, at first, some adjustments will require adding a small investment, but this will pay for itself by lowering your utility bills.

Not only that but shrinking your phone bill and eliminating cable or satellite will also help with the overall reduction of your utility bills and monthly expenses at home

Do you have any other ideas on how to lower your utility bills? I’d love to read your comments!

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30 Smart Ways to Save Money on Utility Bills (2024)

FAQs

What runs your electric bill up the most? ›

Which home appliances use the most electricity?
  1. Heating and cooling: 45-50% The largest electricity consumer in the average household is your heating and cooling appliance. ...
  2. Water heater: 12% ...
  3. Lighting: 9-12% ...
  4. Refrigerator: 8% ...
  5. Washer and dryer: 5% ...
  6. Electric oven: 3% ...
  7. Dishwasher: 2% ...
  8. TV and cable box: 2%
Dec 20, 2022

What is the quickest and easiest way to save money on energy bills? ›

Shut down devices you're not using. Curbing energy waste from devices that may appear to be switched off but are still using electricity (aka “energy vampires”) is another simple way to lower your electric bills. To make it easier to turn off all devices at once, consider an advanced power strip.

How to cut utility costs? ›

Try these effective ways to lower your bill.
  1. Do an energy audit.
  2. Give your thermostat a nudge.
  3. Adjust your fridge and freezer temperature.
  4. Keep up with routine maintenance.
  5. Take shorter showers.
  6. Replace your showerhead.
  7. Wash clothes in warm or cold water.
  8. Adjust the temperature on your water heater.
Jan 4, 2024

What bills can I reduce? ›

How to save on water, gas and electricity
  • Choose paperless billing.
  • Pay by direct debit.
  • Use a smart meter.
  • If you've got older appliances, upgrading to more energy efficient ones could save you money in the long term.
  • Shower instead of having a bath.
  • Wash at lower temperatures and use eco cycles to cut your water bill.
Dec 12, 2023

What wastes the most electricity in a house? ›

What Can I Unplug? These Household Items Cost the Most Electricity
  • Cooling and heating: 47% of energy use.
  • Water heater: 14% of energy use.
  • Washer and dryer: 13% of energy use.
  • Lighting: 12% of energy use.
  • Refrigerator: 4% of energy use.
  • Electric oven: 3-4% of energy use.
  • TV, DVD, cable box: 3% of energy use.
Sep 1, 2022

Do you save electricity by unplugging? ›

Yes. Unplugging your appliances can reduce the amount of electricity you use each month and lower your carbon footprint. However, you might not notice much of a cost savings. It depends on how many appliances you unplug and your overall bills.

How can I save electricity overnight? ›

Turn Off Non-Essential Appliances At Night

Remember, you pay for all the electricity you use at night, so being careful with consumption can save plenty of dollars. If you don't need to run something during the evening, don't. Wait until daylight when your solar panels can give you all the free power you need.

Are there devices that help save electricity? ›

SMART DEVICES HELP YOU AUTOMATE YOUR ENERGY USAGE.

A smart thermostat is a great entry device to save electricity. Smart thermostats save energy through machine learning by adjusting the temperature when you are coming home from work, getting out of bed or any other routine time you would change the room temperature.

How to decrease electricity usage? ›

Tips for Saving on Your Electric Bill
  1. Turn Down Your Thermostat. It's one of the most effective ways to cut your energy usage. ...
  2. Take Care of Your Furnace. ...
  3. Keep the Cold Out. ...
  4. Turn Down the Tank. ...
  5. Cook Smart. ...
  6. Think Before You Wash and Dry Clothes. ...
  7. Reduce Phantom Load.

How to cut a light bill in half? ›

Lower the heat.

So lowering the heating temperature for mere few degrees will cut your electricity cost without you even noticing. Arm with cozy sweaters, learn to layer clothes properly (quite a fashion trend nowadays!), get some thermal underwear, a nice blanket, and you are ready to go even more degree down.

Do ceiling fans use a lot of electricity? ›

An average ceiling fan consumes approximately 75 watts of electricity. This may vary according to the brand, size of the fan, and several other factors.

How to be frugal with utilities? ›

More Ways to Save on Utilities

Small steps like using LED bulbs, taking shorter showers, and adjusting thermostat temperatures can add up to big savings over time. For more savings, try replacing old appliances and windows or installing solar power.

How do I decrease my monthly bills? ›

How to Budget and Save Each Month
  1. Download a Personal Finance App. ...
  2. Take on Meal Planning and Cook at Home. ...
  3. Use Shopping Lists. ...
  4. Cancel Cable TV and Trim Entertainment Costs. ...
  5. Reduce Your Electricity Usage. ...
  6. Invest in Smart Home Tech and Save. ...
  7. Purchase Refurbished and Used Items.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How can I save money if my bills are too high? ›

How to pay your bills and still save money
  1. Put a cap on non-essentials. ...
  2. Consolidate, or at least snowball, your debt. ...
  3. Don't use your balance as permission to spend. ...
  4. Don't base your spending on other people. ...
  5. Follow a budget that works. ...
  6. Downgrade.
Feb 9, 2017

What are the top 10 uses of electricity? ›

As electricity is used for many purposes in modern times. It is used for heating, lighting, cooling, refrigeration, household appliances, transportation, electronic appliances, industrial machinery, etc.

Does TV use a lot of electricity? ›

The average TV uses around 620,000 watt-hours annually. This average is a helpful jumping-off point to understand how TV wattage compares to other appliances. Let's compare! Based on these averages, TVs fall somewhere in the middle in terms of household appliance energy consumption.

What is using so much electric? ›

Here's a breakdown of the most significant energy use categories in the typical single-family detached home: Air conditioning and heating: 54% Water heating: 16% Refrigeration: 4% Lighting: 4%

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