How to Lower Your Electric Bill and Save Money

Most of us want to reduce the amount spent on electric bills. Here are some simple ways to do it.

  1. Switch off the Water Heater when not in use. Whenever you need hot water turn it on. My family saves around 10$ a month by following this.
  2. Use fluorescent light bulbs and not the ordinary incandescent light bulbs. They use 30 percent less energy and lasts longer.
  3. Use Power Strips : Even when your electronic appliance’s such as TV, Printer are switched off they draw a small current. So you have to remove the plug but this is a difficult task. So you can use power strips. Connect many electronic components to a single power strip and remove the Power strip plug from wall when not in use.
  4. Run the dishwasher after it is full and use it only during nights. Use the air dry setting so that you will have the whole night to dry.
  5. Whenever you leave the room switch off the fan and light.
  6. If you are a electrician then open your meter and place a magnet above and below disc. This is a little hard way and don’t do this.
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Published in: Personal Finance

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  1. Great tips! Liz

  2. Nice tips, Krish.

  3. Power saving should be a daily activity as it will help you save money and it will help you save and protect the environment.
    You can read more expert ideas on this topic and other informative articles with top tips to lower power bills and save on electric bill

  4. good share

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