There are many ways to reduce energy consumption which in turn reduces our overall cost and decreases the impact on our wallets. Some are very easy to implement. While others will take a bit of work. Some will mean changes in life styles. We will list a number of these in this post. Many people will be able to add others based on their lifestyle and their particular situation.
The real focus is to think of steps that consumers can take that reduces energy consumption without costing a great deal of money to make it happen. For example you may not want to spend a lot of money insulation your home when it will make little difference on the amount of energy you are using to heat your home. If you home is already well insulated then you may not save much by adding more insulation. On the other hand you may save a great deal if your home is not well insulated and a lot of heat is escaping through the walls and ceiling. Take these practical considerations into account before spending money to save money.
How can we reduce energy consumption
Reducing Energy Usage
- Turn off the lights
- Convert to fluorescent or LED lights
- Turn down your thermostat in the winter
- Turn up your thermostat in the summer
- Add insulation to walls and attic
- Increase your window insulation
- Avoid peak time power usage when rates are charged at the highest levels
- Shut off TV’s and other electronics when not in use
- Unplug devices when not in use
- Drive vehicles that use less gas and cost less to drive
- Plan trips to combine errands
- Use the microwave instead of the oven
These are just a sample of the types of things that consumers can do to conserve energy and reduce their overall cost to their wallets. Any money you can save this way will lead to other things that you can purchase or pay for including reducing loans and interest payments. As you reduce your costs and apply the savings to other areas such as loans and interest bearing debt, you will save even more money!
