Cut Down On Your MA Electricity Bills
The year is almost over and that means it’s time for New Year’s resolutions. If you’re like me, you want to spend less money in 2024 than you did this past year. So take a break from shopping for the cheapest energy rates and let’s make nine resolutions to cut your electricity bills.
Resolutions to Cut Home Electricity Costs
1 Turn your thermostat down. The Department of Energy estimates that most homes can save as much as 10% on their annual bills by turning down their thermostats. All it takes is dialing it back 7-10 degrees for 8 hours a day. You can even automate the savings with a programmable thermostat.
2 Replace or Update your windows. Older windows are responsible for up to 30% of home heating and cooling loss. Replacing your windows with energy-efficient options, could cut your bills by as much as 13%. You can also save more with energy-efficient window coverings like shades, awnings, or solar screens.
3 Give your home an energy audit. Make time to give your home a thorough energy audit. It’s an affordable way to find big ways to save energy and cut costs. For example, last year I found that my attic had a lot of air leaks. The proper insulation I had installed may have saved me up to 10% on my energy bills.
Resolutions to Shop Smart for Electricity
4 Shop during shoulder month pricing. Electricity rates are at their lowest when energy demand is low. And demand is lowest during shoulder month pricing (March-May and September-early November). Best of all, 6 or 12 month plans ordered during these months will last until the next shoulder month period.
5 Choose fixed-rate plans. Fixed-rate plans offer consistent and predictable pricing. This makes it easier to predict your bills and plan ahead. Locked-in rates are also unaffected by natural gas market spikes.
6 Compare Massachusetts electricity suppliers promotions. Some energy plans come packed with special deals. These can include cash-back offers, shopping discounts, and even travel savings. You can start by checking out our reader’s list of electricity suppliers with the best plans and promotions.
Resolutions That Keep Your Electricity Bill Low
7 Pay your electricity bills on time. Late fees will absolutely hurt your budget. So do your very best to make sure your bills are paid on time.
8 Read your electricity plan contract. Your energy plan contract has information about any potential fees and charges. For example, some plans will charge early termination fees if you cancel or switch before the term limit ends.
9 Know when your plan’s contract expires. Just before your contract ends, your provider will send you a notice outlining your options. You need to chose what to do and inform your provider. But if you do nothing, they can automatically roll you in a higher priced variable rate when your contract ends.
Save On Energy This New Year
The new year may see a lot of changes for home energy. But wanting to keep costs down will always be the same. So make an electricity resolution to do what you can to save more in the New Year. You can always count on https://www.maenergyratings.com for tips that can reduce your bills. You can also shop for the cheapest plans in town on this site.