Why is your energy bill so high, and what can you do to reduce costs? Let’s take a look at a few energy-saving techniques.
1. Rising Electric Rates
One simple reason for higher energy expenses is the rising rate of electricity. Energy rates across the U.S. continue to rise year over year. The U.S. Energy Information Administration (EIA) shows a 4% increase in electric costs from November 2014-2018.
- Take the EIA’s prediction and prepare accordingly for electricity costs to continue to rise until 2040.
2. Inefficient Lightbulbs
Lightbulbs, including halogen bulbs, compact fluorescent bulbs, incandescent bulbs and light-emitting diode bulbs, use a different amount of energy over time. CFLs and incandescent bulbs, specifically, emit both heat and light in all different directions. This can waste lots of energy.
LED bulbs emit light in a specific direction, which makes them far more efficient. These bulbs use 75% less energy than traditional lightbulbs. LEDs can also last 25 times longer, helping home and business owners to save money over the long haul.
- Always purchase ENERGY STAR-certified LED lights. Installing these lights will help to lower your electricity bill.
3. Insufficient Insulation
You can lose lots of money on energy bills if you do not close your windows securely. Insufficient insulation is known to be one of the biggest reasons why an energy bill rises. Warm or cool air will escape whenever the home is not insulated properly.
The North American Insulation Manufacturers Association (NAIMA) estimates roughly 90% of U.S. homes are currently under-insulated. Attics, doors and windows can account for up to 50% of all air leaks.
- Check all exterior frames of your windows and doors to see if caulking needs to be re-applied, in order to prevent air leaks.
4. Old Roofing
If your roof is old and underperforming, roof replacement can help lower energy bills. It’s ideal that the attic remains close to the outside temperature, but overheating during the summer is a sign of inadequate ventilation.
This can directly cause the HVAC to work in overdrive. A new roof lowers energy bills with ventilation and sound materials that prevent excess drafts and water leaks.
- Install either concrete or clay tile roofing systems, as these are the most energy-efficient options.
5. Changes In Energy Consumption
If you don’t track your energy consumption, it’s easy to assume you use the same amount month after month. Unfortunately, this is not usually correct. Always consider the times of the year that you use more energy than normal. This could be during the holidays when festive lights are kept on outside the house or the summer when the AC is running constantly.
There are several different reasons why your energy consumption has either increased or decreased. For example, you may have just purchased a new electronic device or appliance. Using a space heater can also cause your energy bill to increase.
- Once you have determined why usage has gone up, make appropriate adjustments moving forward.
6. Using Energy During Peak Time
It is entirely possible that you’ll end up paying more for electricity during the most popular use times. Depending on demand, rates can escalate during certain times of the day.
Peak energy use time is during the mornings and evenings, since the average American leaves the house to work from 9 to 5. With this knowledge, you can prioritize the use of appliances and other devices during the day.
- Use the majority of your power during the middle of the day or late at night, if possible.
7. Other Sources Drain Power
Yes, you may always remember to turn the temperature down, but there’s a chance other “vampire” sources are draining your electricity. Vampire sources are electronics and appliances that remain plugged in at all times.
Examples of vampire sources include appliances, computers and televisions. All of the aforementioned items use a small amount of energy all throughout the day. Leaving electronics on the charger will continue to use power even after it is fully charged.
- Unplug all devices as soon as you are done using them.
8. Climate Challenges
Climate conditions are typically the number one factor in increasing energy bill rates. Extreme climates that feature hot summers and/or harsh winter will see rises in rates during these seasons. You can expect your bill to rise whenever your heater or AC is forced to work overtime.
- Conserve as much energy as possible during times of the year without harsh weather conditions.
George & Alex Roofing and Waterproofing in New York
At George & Alex Roofing and Waterproofing, we know choosing a Roofing Contractor in the New York Area is a tough job. We are here to help make it easier! Locally owned and operated, George & Alex Roofing and Waterproofing has been providing roof installation and roof repairs throughout the surrounding New York areas since 1995. With each new roofing project, we strive to provide professional, timely service at a fair price. Contact George & Alex Roofing and Waterproofing right here!