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How to save money on electricity bills

Utility costs like electricity can eat up a significant amount of your monthly budget. It can be difficult to generalize about electricity costs because they vary from one province to another (The cost is 41 cents per kilowatt-hour in the Northwest Territories and just 7.8 cents per kilowatt-hour in Quebec.). However, with the rising cost of electricity, being able to reduce electricity use can be a good strategy to save money.

For example, Average electricity bill for a family in Ontario Approximately $102.09 per month. Multiply that by 12, and you get an annual bill of $1,225.08. Of course, the amount spent each month may vary, but finding ways to reduce kilowatt-hour consumption by just 10% can save more than $120 per year.

Knowing how to save on electricity bills can help you save money for other important costs like paying off credit card debt or setting aside money in your emergency fund. It can also help you reduce your carbon footprint.

Understand your electricity usage

Before you try to reduce your electricity consumption, it is important to understand how you use electricity.

the biggest Home electricity consumers Usually it would be:

  • Heating, cooling and air conditioning (40%)
  • Water heating (15%)
  • Hardware (14%)
  • Lighting (10%)
  • TV/media equipment (5%)

The power consumption of appliances varies from model to model, but here are some Consumption rates for example For different types of devices:

Device type

Used kilowatt hours

Portable heater

1.5 kW/h

1.5 ton heat pump

2.93 kilowatt-hours

Central heating system

3.0 kWh/hour

Electric water heaters

380 kWh/month

oven

2.3 kilowatt-hours

dishwasher

1-2.17 kWh/load

Refrigerator (15 cubic feet)

72 kWh/month

TV (50 inch – 60 inch)

0.12 kWh

CFL/LED 8W Compact Fluorescent Light

0.008 kWh/hour

Wear and tear of major appliances in your home can significantly impact your energy bill. Appliances with worn components may be less efficient than those in good condition, causing them to consume additional energy to operate.

For example, let’s say your refrigerator has a bad seal that allows cold air to seep inside. To keep your food cold, your refrigerator will need to work harder, consuming additional energy.

Practical tips to reduce consumption

So, how can you reduce your home energy consumption and lower your monthly utility costs?

One key suggestion is to practice using your smart thermostat! Instead of setting your thermostat to one desired temperature, try setting a “target range” that covers a few degrees of temperature that you might be comfortable with—this is a feature available on many “smart” thermostats.

For example, instead of setting your thermostat to 23°C, set it to 22°C to 25°C. This way, your home’s heating system won’t have to work as hard to maintain a certain temperature throughout the day and night.

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“Adopting new habits to reduce energy consumption is a great way to ensure savings month after month.”

Diana Hendricks, credit counselor

Additionally, you can set your thermostat to turn your air conditioner on or off during certain times of the day, such as during work hours when you’re not home or at night when you’re lying under your blanket.

When purchasing new appliances, make sure they are energy efficient. While most manufacturers are good at making their appliances more efficient, a difference of a few kilowatt-hours per month can make up more than a small difference in upfront cost over the life of the appliance.

Lighting systems can be another opportunity to reduce energy use in the home. Consider purchasing high-efficiency LED bulbs instead of traditional fluorescent bulbs or even “smart” bulbs that you can control with an app on your smartphone or a voice-controlled “smart home” speaker like a Google Home or Amazon Echo device. Apps for these lights (or smart home apps) often have energy saving features such as adjusting the brightness or setting timers to automatically turn off the lights when not in use.

10 simple habits to reduce energy consumption

In addition to the thermostat tip above, here are some other simple habits you can adopt to help reduce energy use in your home:

  1. Showers are shorter. Standard shower head Outputs 2.5 gallons of water per minuteThis is equivalent to 2.5 gallons of water that your water heater must warm.

  2. Stick to warm/cold water cycles when washing clothes. Using hot water in your washing machine consumes more energy than sticking to cold/warm water cycles.

  3. Run larger loads of laundry less frequently during the day on weekends. Make sure each load you run is a “full” load (without overloading your washer). Doing laundry in the middle of the day on the weekend can help with this Reduce energy costs if you are a Time of Use customer. Which pays different rates for energy use based on the time of day.

  4. Turn off the lights when you leave the room. Make a habit of turning off the lights before leaving the room.

  5. Use “smart” power strips. Some electronic devices never turn off, they use a “standby” mode to turn them on more quickly. Consider connecting items such as televisions, computers, and game consoles to a “smart” power strip device that cuts off power to these devices when they are not in use.

  6. Adjust your water heater settings. Consider lowering the temperature setting on your water heater by a few degrees to reduce energy consumption.

  7. Open your curtains during the day and close them at night. During the day, opening the curtains can let in more warmth. At night, closing the curtains can help reduce heat bleed during sleep.

  8. Make sure the dishwasher is full before using it. Your dishwasher will use the same amount of energy and water per load, whether you have one dish in it or a full load of dishes. Fully loading the dishwasher helps reduce waste and save money.

  9. Turn off the air conditioner on cold days. Is the temperature outside the right temperature for you? Consider turning off the air conditioner and opening the windows to allow a gentle breeze into your home.

  10. Set energy saving routines using smart home apps and devices. If you have multiple Smart Home devices connected to one app, consider setting up a “Goodnight” routine that automatically turns off all the devices in your home at a set bedtime.

Man smiling

Investing in energy efficiency

Need help figuring out how to invest in the energy efficiency of your home? Consider applying for Home energy efficiency rating from EnerGuide From an organization registered with Natural Resources Canada (NRC).

During this process, an NRC-registered energy consultant will come to your home at a scheduled appointment to evaluate your home’s energy efficiency. After the evaluation, you will receive an “EnerGuide” rating for your home and a report detailing some of the key efficiency upgrades you can make to improve your energy efficiency.

The report will help determine which energy efficiency improvements will have the greatest impact at the lowest cost.

Some common investments that may be recommended to make your home more energy efficient include:

  • – Upgrade old appliances to more energy efficient ones. When looking to replace an appliance, consider looking for the most energy efficient option to reduce the cost of ownership in the long term.
  • Replace fluorescent lamps with high-efficiency LED lamps.
  • Improve insulation at home. A well-insulated house gains and loses less heat due to outside temperature differences. Improving insulation helps reduce the energy consumed by air conditioning systems.

Check for energy incentives in your county

Have you already made some investments in improving the energy efficiency of your home? Make sure to visit Government of Canada page on fiscal incentives by province! Your investments in energy efficiency can help you qualify for grants, rebates, or loans that can help you cover your bills.

Simply click on your county from the list of links and search for programs you can qualify for. For example, if you are considering purchasing an electric vehicle (EV), the Arctic Energy Alliance (AEA) Offers a discount to reduce the cost of purchasing electric cars In the Northwest Territories.




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