Saving Money with HVAC Energy Efficiency

Published on: April 15, 2020

How Do I Save Money With Energy Efficiency?

According to Energy Star,  (https://www.energystar.gov/products/ask-the-expert/breaking-down-the-typical-utility-bill), over 40% of a home’s annual energy bill goes to heating and cooling.  So how do you save money with energy efficiency in winter and summer? We look at some simple ways to reduce your heating and cooling bills.

Save Money on Your Cooling Bill:

Cooling your home makes up around 13% of your annual energy bill. Here are some simple ways to save money in the summer.

  • Set Your Thermostat to 78°F.  The US Department of Energy recommends setting your thermostat to 78°F when you are at home.  When you are away for more than two hours, program the thermostat to 88°F.  Doing this can save up to 10% on your cooling bill.
  • Use Ceiling Fans. Ceiling fans create a breeze and cool you. This means you can raise your thermostat by 4°F and still feel the same comfort.  Just remember to turn the fan off when you are not in the room.
  • Grill Out.  Using an oven creates heat. Oven heat makes the air conditioning in your home run more frequently to keep the same temperature.  Therefore, another way to save money in the summer is to ditch the oven in favor of the grill.

Save Money On Your Heating Bill:

Heating your home makes up around 29% of your annual energy bill. Here are some easy ways to save money in the winter.

  • Set Your Thermostat to 55°F At Night. Dial back the thermostat to 55°F at night.  Bundle up and use a space heater in the bedrooms for additional warmth. These small steps will still keep you warm, but save you up to 13% on your heating bill.
  • Use Curtains Wisely. Correct curtain use in winter can reduce home heat loss by 10%. Keep south-facing window treatments open during the day to capture heat.  Install and close, thermal insulated curtains at night to keep the cold out.  

Save Money All Year Round:

  • Wait Until After 6pm. To do your laundry, wash dishes and cook, that is!  Electricity is more expensive during the peak hours of the day.  
  • Unplug Unused Electronics. Electronics plugged in all day and left on standby cost the average US household $100 per year according to Energy.gov. (https://www.energy.gov/energysaver/articles/3-easy-tips-reduce-your-standby-power-loads) Unplugging unused appliances like toasters and coffee makers to save money.

These are just a few of the ways you can save money with energy efficiency. Upgrading to ENERGY STAR HVAC products can also slash your heating and cooling bills by 35%.  For more information on how to save money with energy efficiency, contact your local HVAC professional today.