A Penny Saved is Two Pennies Earned
This modern twist on the Ben Franklin maxim reflects the multiplicity of taxes to which earnings are subject in today’s world. Finding ways to manage expenses is one of the cornerstones of a sound financial strategy.
Here are some simple and cheap energy-saving tips that may help you save money.
To better comprehend where opportunities may exist for improving energy efficiency, consider an energy audit. Perform one yourself by purchasing a home energy monitor, which tracks your energy use, and a handheld air leak detector to recognize windows, doors, and other areas of the home that are drafty.
Also, your local power utility may offer in-home energy audits or related services that can help identify remediation opportunities.
Consider these do-it-yourself ideas that may offer immediate savings at very little cost.
Install a programmable thermostat to automatically lower the heat or air conditioning
Devices that offer “instant on” or continuous display use energy non-stop. Consider a power strip to decrease their electrical use by shutting off the power strip at bedtime.
Plug up air leaks through weather stripping or caulking; install door sweeps to block drafts. Close the fireplace damper when it's not in use.
Be sure to have your heating system serviced to ensure maximum efficiency.
Install a water heater blanket and turn the heater down to 120 degrees; not only is a higher temperature wasteful, but a lower temperature is a safety precaution for younger children. Lower it to a minimum when you leave for vacation.
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