If your home is all electric then it is probably on average your largest mandatory, monthly bill each month. There are however a lot of ways to cut costs of your electric bill each month. Here are a few suggestions I’ve compiled from the Internet.
The largest energy hog in your home is your heating and cooling. If your home uses an electric heat pump it will be the largest percentage of your home electric bill. One way to lower this cost is by installing a programmable thermostat. It will automatically adjust the temperature when you are not home or sleeping and then return to a comfortable level when you are home or awake. energystar.gov suggest the average household can save up to $180 per year by using a programmable thermostat.
Lower the temperature on your hot water. Your hot water is your second biggest energy hog. In order to solve this problem you can actually lower the temperature of your water heater . www.energysavers.gov suggest lowering your temperature 10ºF can save between 3% and 5% on your energy bill, this would be about $100 per year for me.
Turn off the auto dry feature on your dishwasher. I do suggest you use your dishwasher as it can actually save you money on your water bill; however skip the dry feature and hand dry those dishes.
Wash clothes in cold water. Most laundry detergents are now designed to get clothes clean even if the water is hot or cold. Turn the dial to cold and save the energy!
Turn out the lights. When you leave a room turn the light off. There is absolutely no point in having lights on when no one is in the room.
Install energy efficient lighting. Compact fluorescent lighting can typically save you $30 over the course of their lifetime.
There are many other ways to save money on your electric bill, be creative and you will reap the rewards. These suggestions alone will save you over $300 per year.