7 Ways To Save Money On Electric Bill Expenses

July 23, 2021 | Mason Roberts

save money on electric bill

Whether it’s during the sweltering heat of summer or the chilling cold of winter, you’re likely looking for ways to save money on your electric bill every year.

Your electric needs — or those of a family, large or small — add up quickly.

Think about your number of appliances or how many times you forgot to turn off the lights when they’re not in use. Learning how to save money on electric bill isn’t just the smart thing to do — it’s the necessary thing to do. 

Thankfully, there are many approaches you can take to save money on electric bill. Here are a few approaches to try and ways of finding financial relief, especially during an emergency, using auto title loans.

Here Are 7 Ways To Save Money On Electric Bill Costs

1. Check To See If Your Home Is Efficient

A major culprit of rising electricity bills: inefficient prevention techniques. Your cooling or heating system may be working overtime because of leaky ductwork or ventilation.

Your refrigerator may not be sealed as well as it could be, and your doors or windows may need some upgraded sealing.

Addressing all of these potential issues will go a long way in your mission to save money on electric bill.

2. Reconsider Your Thermostat Preferences

Yes, it’s tempting in cold and hot months to rely on your thermostat for temperature relief but setting it even just a few degrees warmer or colder for hours can drastically increase your electric bill.

Consider turning it up or down a few degrees from what you’re used to. Or, better yet, invest in a programmable thermostat so you can manage heating and cooling better when you’re not home.

turn down water heater to save money on electric bill

3. Adjust Your Water Heater

Water heaters are necessary, but they’re also expensive — especially those that are aging.

New water heaters can cost an arm and a leg, so instead think about turning down the temperature a bit to save money on electric bill, especially when you’re out of town for several days at a time.

4. Talk With Your Energy Provider

Most utility companies use less expensive rates during certain points of the day. Talk to them about their rate scheduling and try to do certain activities — such as cooking or doing laundry — during off-peak times.

5. Switch Up Your Lighting

A considerable way to save money on electric bill: rethinking the types of lights you use. Many lightbulbs being produced today are designed to be energy-efficient (look for the Energy Star label).

If you switch your outdated bulbs with LEDs or compact fluorescents, you may be able to save chunks of cash each year.

6. Invest In A Smart Power Strip

You know those appliances or electronics that sit in your house day after day connected to power? Even when you aren’t using them, they can use power. One approach: Using a smart power strip. With a smart power strip, you can save money on electric bill by cutting off the electrical current when you aren’t using gadgets.

7. Regularly Replace Your HVAC Filters

You can save money on electric bill each month simply by replacing your HVAC filters when they get built up with dust and other grime.

This should be done regularly to increase your home or apartment’s airflow.

Financial Relief to Consider During Emergencies

It’s even more important to save money on electric bill when you’re facing a financial emergency, such as an unexpected hospital visit or travel need, or needed home or car repairs.

If you’re looking for an option to help overcome a temporary financial issue until you manage to save some money, you can consider an auto title loan from Texas Car Title and Payday Loan Services, Inc.

auto title loan

What Is An Auto Title Loan?

Title loans are short-term loans designed to help provide temporary relief for short-term financial troubles.

At Texas Car Title and Payday Loan Services, Inc., you can receive a fast and easy title loan of up to $15,000.

With an auto title loan, your car’s lien-free title in your name is used as collateral for a same-day cash loan to be repaid in installments over time. And the best part is that you keep your car for the entire loan repayment period.

What You Need For An Auto Title Loan

It’s easy to qualify. You just need your vehicle for inspection, proof of income, your car’s lien-free title, and a state-issued ID or driver’s license. Of course, you must be at least 18 years old.

All you need to do is either submit an online form for the loan on Texas Car Title and Payday Loan Services, Inc. or over the phone. Either way, a loan representative will provide you with more information, answer your questions, and schedule an appointment with you.

You can either then visit a Texas Car Title and Payday Loan Services, Inc. location of your choice or have a representative come to you.

After a quick inspection of your vehicle and your documents, the loan representative will tell you if you qualify and how much you qualify for. If you are qualified, you can receive your loan the very same day.

The Smart Approach To Saving

When you’re trying to save money on electric bill, you’ll need to consider little ways to change your routine at home which can go a long way in keeping more dollars in your pocket.

And even if you’re facing an emergency, know that you aren’t out of options. An auto title loan from Texas Car Title and Payday Loan Services, Inc. can help with temporary cash-flow needs, and you’ll be on your way to better financial footing in no time. Submit an online form today to get started!