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The Average Electricity Bill and Tips to Cut Electric Costs

The average electricity bill for United States residential properties is about $1,600. On the other hand, for electricity bills in Australia, the typical homeowners spends about $1,200. For some churches, public buildings, or businesses, monthly electric consumption can cost about $10,000 more higher. With the current downturn of the economy, many homeowners find it difficult to pay for these costs. Even businesses are struggling to pay for these costs.

As the value of energy continues to rise and fossil fuel supplies from around the world continue to diminish, you can expect your electricity bills to soar higher in the coming years. Change must start now in terms of how people consume energy if you want save on electricity and ensure future sustainability.

Before knowing how you can lower electric bills, you have to know what makes them high in the first place. Almost half of the average electricity bill is attributed to your air conditioning and heating systems. When you talk about electricity consumption, a lot of people are guilty about regulating the temperatures of their properties inefficiently. It is very common for buildings that are not properly insulated to lose a great deal of their artificial heat. Also, you can expect more heat to be lost when your doors and windows are not properly sealed. For these situations, you waste a great deal of your money in trying to provide heat to your building.

Another common source of high electricity bills is inefficient appliances and lighting. In the present though technological advancements have made significant contributions to the energy ratings of appliances and lights. A great way to save on electricity and lower your average electric bill is to switch to using these products. Unfortunately, there are still a lot of people who are on the fence on investing in green technology, not realizing that they can truly save more.

When it comes to keeping your average energy consumption down, there are ways that will not require a lot from you in terms of your resources and finances. The most straightforward way to save on electricity at home is to switch and chose fluorescent lighting. While the costs for this lighting option are higher than the typical incandescent bulbs, you can expect them to last at least eight times longer than these bulbs. Moreover, you get to use less electricity with it. With this step alone, you can slash off $50 from your yearly average electricity bill. That amount is quite significant.

Another way to help you save more on your electric bills is to do something about your insulation at home or other factors that influence heating and cooling. Make sure to improve home insulation, and you can save as much as $150 each year. You can add another $80 off your annual electricity bills when you get double pane windows installed.

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