Wealth Tips

Cost Effective Energy Saving Tips For You

By Malvika Kashyap

May 4, 2022

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Over the course of a year, switching off two 100-watt incandescent bulbs for an extra two hours may save you $15. Better still, make the move to LED lighting.

Turn off unnecessary lights

To save electricity and $19, turn off the water while shaving, washing hands, and brushing your teeth.

Reduce your hot water usage

A single south-facing window can provide 20 to 100 times the amount of light that it consumes. Over the course of a year, turning off one 60-watt light for four hours saves $9.

Use natural light

The cost of hot water is high. You could save $30 over the course of a year if two individuals in your house each cut their shower duration by a minute.

Take shorter showers

Your old television should be recycled or donated. Even if you only use it for an hour a day, that 42-inch LCD will set you back $6 per year.

Recycle old TV

You may save up to $22 per year on your energy bill by switching from hot to cold water for an average of three loads each week.

Wash laundry in cold

That heat-dry option is pricey.  De-select it to save up to $27 per year depending on one load of  dishes each day.

Skip the heat-dry setting for the dishwasher

Standby power can use up to 10% of an average household's annual electricity consumption. Save $50 a year by unplugging useless electronics.

Unplug unused electronics

Consider how much of a difference these simple and free improvements may make. Don't forget to tell your friends and neighbours about the changes you've made!


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