For many of you, “saving more/spending less” was your new year’s resolution.

I’m sure you have some great money-saving ideas. But we have a few ideas of our own.

Here are 4 quick tweaks to your home that can save you up to $1,077 this year. 

  1. Install a programmable thermostat
    Annual savings: Up to $180
    Heating and cooling makes up 46% of your yearly energy costs. That’s about $1,012. By installing a programmable thermostat and setting it properly, you’ll cut $180 off that cost each year, according to ENERGY STAR.

  2. Watch out for water heating waste
    Annual savings: Up to $491
    Manufacturers often ship water heaters are set at 140 degrees F. However, that’s too hot and can scald you. Not only that, but it wastes “$36 to $61 annually in standby heat losses and more than $400 in demand losses,” according to ENERGY STAR.
    Turn your water heater's’ thermostat down to 120 degrees F to save up to $461 each year. Also, if you have an old water heater, wrap it in an insulating jacket to help keep heat from escaping, saving you more than $30 a year.

  3. Slay energy vampires
    Annual savings: $100
    Energy vampires are electronic devices that still use energy when they’re off. So they’re sucking money from you everyday, costing you about $100 every year. The quickest way to slay energy vampires is using smart power strips in your home.
    These are usually $20 and will shut down electronic equipment that goes into standby mode, lowering your electric bill as a result. They pay for themselves in about 10 weeks.

  4. Add weatherstripping to old doors and windows
    Annual savings: Up to $306
    The average home pays about $1,012 on heating and cooling annually. But you can reduce that cost by sealing air leaks around your doors and windows with weatherstripping.
    Weatherstripping saves you 15% to 30% on your heating and cooling bills, according to Consumerreports.org, meaning you can save up to $152 to $306 each year.

Want more money-saving tips? Check out our blog.

Related Reading