Finding ways to reduce your living expenses is a great way to cut your monthly budget and start saving. You might even be able to free up more money each month by reducing your utility bills.
The best way to get the most out of your utilities is to pay only what is necessary. This is particularly true if you live in a multi-unit building.
Let’s get started!
1. Use energy-saving light bulbs
The lowest varieties of light bulbs are usually provided by apartment complexes. Regrettably, they are often the least energy efficient. So, if you want to save money on your power bill, consider switching to LED bulbs.
LED lights have become a popular alternative to traditional incandescent light bulbs. However, if you’re looking for a better lighting option, it may be worth switching to compact fluorescent lights. They’ll save you a little money and they’ll last about 20% longer.
2. Maintaining command temperatures
When it comes to your energy costs, heating and cooling are two of the major expenditures. Because of this, if you don’t correctly regulate your thermostat, you could end up spending a lot of money every month. That’s why it’s important to consider techniques to reduce the amount of time your heater or air conditioner needs to work. These small modifications, like as opening windows in the summer or wearing warmer clothing in the winter, might save you a lot of money over the course of the year.
On the other hand, programmable or smart thermostats are becoming increasingly common in apartment buildings. These devices allow you to maintain your apartment’s temperature without having to worry about it throughout the day. If your flat lacks one, you might ask your landlord if they would be willing to replace it.
Programmable thermostats are an excellent tool to reduce energy usage and to save on energy bills. The prices of programmable thermostats vary widely in price from less than $100 to several hundred dollars. Some of the most popular models are programmable and controllable via the Internet, so that you can program your home or office to be heated or cooled to the perfect temperature as needed.
3. Turn off and unplug all appliances that are not being used
It’s true that not everything is powered off when we think it is, or that some devices aren’t plugged in, but that doesn’t mean they aren’t using energy. The more you turn off or unplug unused gadgets, the less they consume and it will help you save money every month. The bigger the device, the more passive energy it uses. This means you need to use a smarter power strip that cuts off power to appliances after a period of time.
4. Replace old door and window seals. You may be surprised at how long they last
If you’re thinking about moving into a new apartment, be sure to insist on the landlord providing weather stripping around all windows and doors to keep the air in and out. It will help you stay cool in summer and warm in winter and save you a bunch of cash on your energy bills.
5. Changing your HVAC system filters regularly
Changing your HVAC system filters regularly is one way to keep them running at peak performance. Not only will it help keep your home more comfortable, but it can prevent dust build-up that may lead to allergies and asthma.
6. Use your washing machine efficiently
Washing machine and dryer use energy, water, and gas each time you do a load of laundry. While the first part of that sentence is accurate, the last part is misleading. The third item in that sentence is actually the costliest. It’s the cost of gas. Luckily, there are several ways to save money and reduce the amount of gas you use. For instance, don’t wash your laundry in half loads. Also, you can use your dryer’s lowest heat setting, if you’re using a gas dryer.
This problem is actually quite simple. If you take a complete load of clothes and fold them all, then put them in a hamper, they will fill the hamper no matter how small the load is. When it comes to drying clothes, there are a variety of methods available but the most effective one is to hang the items on a line or on a clothesline that allows the breeze to blow through. You may also use a clothes dryer to reduce the moisture content of your clothes. This process will also save you both time and money as well as help you keep your clothing from getting mold.
You can use a dryer sheet to keep the clothes in a drier cycle without having to pay for electricity.
7. Save more money when washing dishes
Power and water are both used to run a dishwasher. Like washing your clothes, wait until you have a full load before starting the dishwasher. And if you’ve got heavy goods like pots and pans, wash them by hand!
These bulky items are the problem! They tend to collect in the dryer because of a lack of ventilation, and can make your washer load longer than normal. Some of these products have unique design characteristics.
8. Reduce the amount of water you use, and reduce your use as much as possible
To keep up with rising energy and utility costs, many of us are looking to cut back on the water and electricity we consume. Water conservation and water-saving devices are available, but sometimes they’re not very convenient, so you might be surprised at how easy it is to make some small changes in your daily routine that can add up to big savings over time.
Placing an egg timer in the bathroom is a cheap way to remind the kids when it’s time to get out. You can also talk to your landlord about replacing your faucets and shower-heads with slow flow versions to automatically reduce water consumption.
If you have an outdoor space, be sure to avoid using the garden hose to clean it up. Using a broom to sweep is just as effective as having a garden hose, and it requires no water at all.
9. Adjust the fridge and freezer settings to help keep food fresh longer
You can save a considerable amount of electricity and money by keeping your refrigerator and freezer at the appropriate temperature. The temperatures should be kept as low as 35 to 38 degrees in the fridge and 0 to 5 degrees in the freezer.
10. Stay away from peak energy hours
Peak energy hours are known to be the times of day during which electrical demand is the highest. These peak periods are normally during working hours, usually between 7am-8pm. Avoiding power cuts is especially important during these hours.
The cost of electricity varies based on time. During specific times of the day, the electricity is more expensive. You may lower your costs by changing your power use to occur outside of these peak hours.
11. Turn off the electricity utilities when you aren’t using
Stop the next time you leave your apartment and do a brief stroll around it. While you’re out and about, turn off all the lights and fans. This will save you some money on your apartment’s electricity bill.
12. It is important to conduct a utility consumption audit (UCA) at least once every three years
If you want to save money on your electricity bill in your apartment, one of the most essential things you can do is evaluate your energy usage. Start by making a list of all the appliances, fixtures, and devices in your home that consume energy. Include each appliance, fixture, and device by name and describe its purpose. Then, for a month, write down everything you can do to minimize or eliminate the expense of each of these items. Finally, if you’ve made these changes or developed new habits, be sure to assess the financial effect of your efforts in the months ahead. You’ll have a better understanding of how your energy usage habits affect your money by analysing this data.
There are a myriad of ways to save money on your apartment utility bills. You can take short showers to turn off your heater and air conditioner during peak hours. If you’re looking to take a longer shower, consider turning on your hot water tap for two minutes then turning it off.