Winter Money Saving Tips

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Saving money on energy costs is one of the best things you can do to give yourself some extra money at the end of each month. During the winter, there are numerous opportunities for you to cut costs without feeling the effects of a cold winter. If you can put some of the following practices into action, you should be pleasantly surprised at the money you are saving each month.

295.largeThe first thing you’ll want to do is take a long, hard look at your heating equipment. Typically, your heating and cooling costs will account for around half of your energy bill each year. Simple things like dirt and neglect can affect the quality of your equipment, making them less effective. Go over the heating equipment you have installed in your home and see if it could use any repairs or maintenance. If it does, getting it taken care of will cost you some money now, but will end up saving you money in the long run.

The winter months also mean decorating your home. When it comes time to decorate this month, consider doing so with energy saving lights. Energy Star lights can last up to 10 times as long, and use 65 percent less electricity. These tiny bulbs may not seem like much, but using them for a long period of time will certainly add on to your electric bill. Using energy saving bulbs will make your bulbs last longer, and save you money.

We know it’s cold during the winter, but the third thing you should consider is lowering your thermostat. By simply lowering the temperature in your home by 8 degrees for 7 hours at night, and an additional 7 hours each weekday, you could save roughly 12 percent of your energy bill. This is a big chunk of money that doesn’t come from a big sacrifice. If you can bundle up a little bit at night with some extra blankets, and turn the heat down when you leave for work in the morning, you can really save a lot of money.

Lastly, have your home inspected for any air leaks and insulation. If your home is not properly insulated, any heat you add to it will quickly leave your home. This will make your heating system turn on more frequently, and will cost you a lot of money. Not only does your home need to be insulated, but you have to check the doors and windows. If they are not sealed properly, your heat will go right outside and the cold air will come blowing in. If you notice any breezes coming in through your doors or windows, or if your home is not staying warm as well as you think it should, contact a home professional to help you out. They will be able to assess your home and tell you how best to fix it. Sometimes simply caulking up a gap can do the trick. Imagine if you were missing out on hundreds in savings each month, simply because you had a small crack on the outside of your window?

You may not become rich off of these tactics, but you can certainly save yourself some money. In this economy every little bit matters, so you shouldn’t overlook anything. Take some time to look over your home and see where you can make improvements. Spending a little bit of time, effort and money now can end up saving you a lot of money in the long run, and will definitely be worth it.


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