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31 Days To Fix Your Finances, Day 18: Evaluating Your Expenses - Energy 6comments
The Simple Dollar offers a month-long plan for fixing your finances. All you need is an open mind and an hour each day.
I’m often surprised how many people are extremely inefficient with their energy usage, and when they think of fixing problems, they put in tremendous effort to do things that aren’t much of a benefit, like neurotically keeping their lights off while having inefficient lighting which costs them more for one hour of use than efficient bulbs would cost in four hours of use.
In short, an hour’s worth of effort and a few small tasks can cut a solid chunk out of your home energy usage.
Replace your regular bulbs with CFLs. CFLs are those bulbs that look like small spirals, the ones most people skip by because they’re “expensive” and they’re “saving” because they buy the cheap ones. The truth is that the “expensive” bulbs are the ones that save a lot of money: if you have 15 bulbs in your home (many homes have many more than that) and use them an average of only four hours a day (again, some houses will use even more), you can save $100 a year including the comparative bulb cost if you switch to CFLs. Even better: CFLs rarely need to be replaced once they’re installed.
Install programmable thermostats and learn how to use them. Letting the ambient temperature take over in unused rooms is a fantastic way to save energy; the only problem is that it’s very easy to forget to do it if you’re even doing it at all. If you replace your thermostats with programmable thermostats and spend the time to program them appropriately, you can easily trim hundreds of dollars from your energy bill each year.
Install surge protectors for all of your electronic devices. Not only will these protect your devices during a storm, they also prevent electrical “drag.” “Drag” refers to the small amount of electricity (5 watts or so) that all electronic devices continuously pull out of your sockets when they’re powered off, which can seriously add up if you have a lot of electrical devices.
Turn off your home computer. People who make claims about how powering up your computer uses tons of energy are living in the 1970s. The truth is that modern PCs don’t use any extra energy when powering up, so you’re better off powering down your computer when it’s unused. But if you’re like me, you tend to leave it on and forget about it, so set up your PC to turn off every evening automatically.
Air seal your home. This will take a few hours, but the Department of Energy has a very nice guide for making this process as easy as possible. Make sure you don’t have any drafts that can just slowly drain the heat (or the coolness) out of your home and you’ll save a lot of money.
These four tasks will reduce your energy usage significantly and any reduction in energy usage will bring about some serious savings in your monthly energy bills. In a large home, these tips can save $50 a month easily, a pretty good deal for things that you can do once and forget about them.
Ready? Let’s continue on to the next day.
Surge protectors won’t automatically eliminate phantom power (”drag”). To stop your devices from using power while turned off, you need to flip the power switch on your surge protector, or buy a special surge protector that does this automatically.
great info; i’ve always knew of the electrical drainage of the power supplies for small appliances and devices but didn’t know how to stop it except for unplugging the power supplies. the unplugging of the power supplies usually involves reaching through a jungle of cords or knocking something loose . that’s why the info on the special surge protectors is so helpful. i am glad to find your website .thank you j moore
When will the led light be on the shelves?
They can be purchased now online, are rather
pricey,but from what I’ve read use less
electric than cfl bulbs.
Any info would be appreciated.
Great article along woth other great articles on true life frinedly savings tips to live with. Along with CFL bulbs, dimmer switches for your incadescent bulbs. We light them at 40 or 50% power and save 40% power and increase bulb life 50 or 60% in places not conducive to CFL bulbs
thank you for great reading and education.
john c brown
Approximately 22 percent of the electricity consumed in the United States goes toward lighting, according to the U.S. Department of Energy. If 25 percent of the lightbulbs in the United States were converted to LEDs putting out 70 lumens per watt, the country as a whole could save $55 billion in utility costs, cumulatively, by 2025. That would alleviate the need to build 65 new coal-burning power stations. Future LEDs are expected to have twice the efficiency lumens per watt doubling these savings. This is one of the easiest ways to save energy, why don’t we see more efforts in this direction?
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Next Post: Six Ways To Follow Up That Big Financial Talk With Your Spouse







Even though these tips have been preached for years, people still don’t seem to heed them. Luckily, CFL bulb prices have been dropping the last couple years, but they still take some time to warm up. My wife complains that the kitchen is so dark now, which it is, but once we have the bulb going for a few minutes, it’s just as bright as before.
Keep up the posts!
Clever Dude @ 9:18 am January 19th, 2007 (comment #1)