Savings

Winter Debt: 6 Things You Should Spend Less on to Reduce Your Winter Debt

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Winter can hit your wallet hard, especially when it comes to heating and energy costs. In our area, we have seen many people hit with higher gas and electricity bills than ever before. Fortunately, small changes in your habits can help you save more on your winter bills. By cutting back on certain items, you can cut costs without sacrificing comfort. Here are six things you should use less of this winter to keep your expenses under control.

1. Lower the Thermostat

One of the easiest ways to save money is to use less heat. Lowering your thermostat just a few degrees can make a big difference. The US Department of Energy suggests keeping it at 68°F at home and dropping it even lower at night. Consider wearing warm clothes and using cozy bedding to stay comfortable. Programmable thermostats can help you control your home’s temperature accordingly. Lowering your thermostat 7-10°F for 8 hours a day can help you save up to 10% on your heating bill.

2. Use Less Hot Water

Hot showers sound great in the winter, but they can increase your energy costs. Water heating accounts for a large portion of your winter utility costs. The ideal water temperature to help lower your utility bill is 120°F. For every 10°F you lower your water heater setting, you can save a percent on your bill. Other tips from the Department of Energy include:

  • Taking short showers instead of bathing.
  • Reduce your overall shower time.
  • Do not let the water just flow.
  • Use cold water for most of your laundry.
  • Fully load the washing machine before using it and select shorter washing cycles.
  • Repair the leak.
  • Install low-flow showerheads and other fixtures.
  • Install heat traps on your water heater (this can save you $15 to $30 a month).
  • Deepen your hot water storage tank.
  • Plug the first few feet of the pipes connected to the water heater.
  • Install a timer that will turn off your electric water heater when you are not using it.
  • Consider upgrading some of your water-using appliances to energy-efficient models.

3. Reduce Space Heater Use

Many people use space heaters to try to reduce their bills. However, they are actually energy guzzlers. When running at full capacity, it can cost you up to 20 cents an hour. Instead of using space heaters, try focusing on heating the areas of your home where you spend the most time. Seal any drafts or leaks on windows and doors to keep the warmth inside. Wrap up in warm clothes instead of relying solely on space heaters. If you must use one, choose energy-efficient models and limit the time it runs.

4. Reduce Your Lighting Costs

Winter means shorter days, which often results in the lights being on for longer hours. Switch to LED bulbs, which use up to 75% less energy and last much longer than traditional bulbs. Be sure to turn off the lights when you leave the room. Use natural light during the day by opening the curtains to let the sunlight warm your space. Installing motion sensors or timers can help reduce unnecessary energy use. Creating a cozy ambiance with lamps or candles instead of overhead lights can save even more.

5. Use Fewer Electronics During Peak Hours

Appliances that run like washers, dryers, or ovens during peak hours can cost more. Helping companies tend to charge higher prices during these times. The peak hours in the Eastern time zone are 6 am to 10 am and 6 pm to 10 pm Try to use your appliances at off-peak times, such as at night or during the day. Use energy efficient appliances and unplug devices when not in use to avoid phantom power outages. Dry clothes on racks instead of using the dryer to save even more. Small changes in your appliance usage can significantly reduce your energy bill.

6. Reduce Fireplace Use

While a fireplace may seem like an inexpensive way to stay warm, it can actually increase your heating costs. An open fireplace can draw warm air into your home, causing your heating system to work harder. Limit its use to certain times, and when not in use, close the damper to prevent drafts. Use a glass screen to keep heat out of the chimney. Additionally, consider installing energy-saving appliances to improve furnace efficiency. Using your fireplace strategically can help you save money this winter.

Small Changes, Big Savings

If you really want to reduce your winter debt, it doesn’t take a huge amount of effort. You can make small changes like reducing water use and changing the way you heat your home. Don’t forget to add energy efficient lighting and appliances to your home as well. These small changes can lead to significant reductions in your debt.

How do you reduce the cost of your winter bills?

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