3 Easy Ways You Can Save $789 in 2015

December 09, 2014

According to usa.gov, “Save Money” is one of the top New Year’s Resolutions every year. Unfortunately, it’s also one of the most commonly broken resolutions.

But this year can be different!

Here are 3 things you can do right now at home to save up to $789 in 2015.

1. Program your thermostat

If you’re still air-conditioning your home to the same temperature when you’re not home, you’re wasting money.

ENERGY STAR estimates that you could save up to $180 a year simply by programming a programmable thermostat for energy efficient temperatures settings.

The U.S Department of Energy has specific instructions for how to set a thermostat for energy efficiency.

Potential savings: $180/year

2.Make sure your electronics are really “off”

According to ENERGY STAR, “75% of the electricity used to power home electronics and appliances is consumed while the products are turned off.”

Why? Because many devices continue to use electricity even when turned “off”.

The best way to stop this: Unplug electronics that aren’t being used (including chargers!)

Since that’s not convenient, you could also use smart power strips that automatically shut off electricity to devices that aren’t being used.

The U.S. Department of Energy estimates you could save 10% on your electric bills by getting rid of this standby energy waste. And since the average electric bill in Florida is $123.45/month, that means you could save...

Potential savings: $148/year

3.Turn down your water heater’s temperature
Most manufacturers set the water heater’s thermostat at 140 degrees. Having it set that high is not only unnecessary, but it’s also wasteful. It wastes “$36 to $61 annually in standby heat losses and more than $400 in demand losses,” according to ENERGY STAR.

Potential savings: $461

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