Across the United States, the burden of inflation is palpable, with rising prices affecting daily necessities and home utility expenses. The escalating cost of living calls for proactive measures, and homeowners can find relief through both straightforward and innovative adjustments within their living spaces. Below, we present examples of such modifications to initiate your path to saving energy.
As per the Energy Information Administration, the cost of electric home heating alone could escalate by 10% this year. Coupled with other expenses, the overall cost of maintaining a household can quickly spiral out of control. Thankfully, there are strategies to enhance energy efficiency and reduce energy waste in your home.
A prudent starting point is transitioning to Energy Star-rated appliances and devices. Ranging from highly efficient LED lightbulbs to HVAC systems, Energy Star-certified products offer significant utility bill savings and contribute to a reduced carbon footprint. While replacing all appliances simultaneously may not be practical, tackling upgrades one at a time can still yield noticeable benefits.
For example, swapping out an eight-year-old refrigerator with a new Energy Star model could save you $110 or more annually in electricity costs. Additionally, these energy-efficient upgrades may make you eligible for a Residential Renewable Energy Tax Credit, providing further economic incentives.
Another impactful upgrade worth considering is the installation of solar panels. Rooftop panel systems are increasingly cost-effective, supported by state and federal tax incentives to encourage the adoption of solar energy. Beyond the advantages of better control over electricity expenses and reduced carbon emissions, these systems may even generate returns through local net energy metering (NEM) programs. NEM programs enable residents to earn credits on their energy bills for surplus electricity fed back into their community’s grid.
Even smaller changes can have a substantial impact. Investing in a programmable smart thermostat empowers household members to optimize energy conservation through automated scheduling. Smart switches with motion sensors prevent unnecessary electricity usage from lights left on, while Energy Star-labeled ceiling fans, boasting up to 60% greater efficiency than conventional units, offer another energy-saving option.
These changes only scratch the surface of available options. For more ways to cut energy costs, refer to the added source.
Infographic Provided By solar panel installation Arlington Company, Sunburst Solar