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During the coronavirus pandemic here, you can use every way you can imagine to put a little more cash in your pocket.<\/p>\nDuring the coronavirus pandemic here, you can use every way you can imagine to put a little more cash in your pocket.<\/p>\n
Focusing on electricity savings won\u2019t make you rich. But it could be that little extra bit you need to be a little more financially comfortable.<\/p>\n
…And where should you focus your time and effort? After all, you don\u2019t want to waste your time going to extreme lengths just to save another $5 each year. That\u2019s how much you\u2019ll save if you opt not to use your oven during the summer, for example.<\/p>\n
It\u2019s a tip. But it\u2019s not one that really makes a difference.<\/p>\n
So here\u2019s what to focus your time on instead:<\/p>\n
1. Thermostat Control <\/strong><\/p>\n If you do anything to save electricity during the year, this should be it. It\u2019s a guaranteed way to put more money in your pocket.<\/p>\n The biggest obstacle lies in getting others to join in with you if this disrupts their comfort.<\/p>\n You can switch to a smart thermostat. Raising your thermostat by two degrees gives you about 5% energy savings throughout the year, while raising it by five degrees can boost that to 10%.<\/p>\n So, you could easily be looking at $100 – $200, and possibly a little more.<\/p>\n 2. Manage Unused Electronics<\/strong><\/p>\n Standby power mode is better than leaving your electronics on. But even better than that? Turn off your devices entirely and unplug them so you know they don\u2019t suck any power at all.<\/p>\n For the average household, you\u2019re looking at a 5% (about $75) to 10% ($150) energy savings annually.<\/p>\n Now that\u2019s a nice chunk of cash!<\/p>\n 3. Hang Dry Your Laundry <\/strong><\/p>\n Yeah, you\u2019ll take a bit of a step into the past with this one. But hey, let others get quizzical looks on their faces while you put another $50 or so into your wallet.<\/p>\n Say you do about 8 loads of laundry per week. If you hang dry just 4 of those loads, that gives you $50 in savings roughly.<\/p>\n Hang dry all 8 loads, and you put another $100 into your pocket.<\/p>\n For such a simple thing, that\u2019s almost as good as monitoring your thermostat and electronic devices in standby mode!<\/p>\n