In many areas of the country, energy and water costs are on the rise, taking a bigger chunk out of our wallets every month. But, there’s hope. With a few home improvements, you may be able to save money on your utility bills.
Whether you live in an area that’s facing another year of drought, or you just want to save money on your water bill, these tips can help you be efficient with your water.
1) Go low flow. Showerheads and faucets account for more than 32% of household water use combined.1 Low flow faucets and showerheads can reduce your water consumption in these areas by as much as 50% and may save up to $145/year on your bill.
2) Fix leaks. Leaks comprise 13.7% of household water use.1 Leaky faucets and pipes increase your water bill and may require expensive repairs if they’re ignored. Every six months, inspect your faucets and pipes for wear and tear. If you notice a leak, fix it right away.
3) Go tankless. If it’s time to upgrade your water heater, consider going tankless. A tankless water heater may help you save up to 20% on your water bill.2 An added bonus: You’ll never run out of hot water again!
Heating and cooling comprises more than half of the energy used in the average home.Regulate your home’s temperature to save energy, improve comfort and reduce your heating and cooling costs.
1) Rethink your insulation. Good insulation not only helps regulate the temperature of your home, it can also reduce your heating and cooling costs by as much as 20%.
2) Manage the temperature automatically. Wouldn’t you love to come home to the perfect temperature? A programmable thermostat not only improves your comfort from the second you step foot in your home, it also helps you save energy and money— up to $150 a year.
3) Seal up drafts. Have you ever wondered why your home won’t stay warm in the winter or cool in the summer? Check your windows—drafty windows cause 30-40% of heating and cooling losses. Apply weather stripping to your windows to patch up leaks and save more money.
Sources: 1 . Environmental Protection Agency, Water Sense, Water Use Today 2. US News, 8 Energy-Efficient Home Improvements that Save Money, May 31, 2013 3. U.S. Department of Energy, Energy.gov