Here's 8 Ways To Reduce Your Electricity Bill Fast 

Here's the truth... How many times have you received your electric bill only to toss it on the counter unopened, dreading the number in the amount due section? As energy prices continue to skyrocket, people all across the country are feeling the pinch in their pocketbooks and are looking for ways to reduce electricity bills. Plus, with the economy the way it is today, it seems to get harder every month to make ends meet so every dollar you can save on power bills is an extra dollar in your bank account that can be used towards something else.

And the good news is... there are a number of ways you can have a reduced electricity bill that won't really alter the way you live your day to day life. By implementing 2 or 3, or even all, of the following 8 great tips on how to reduce electricity bills, not only will you be saving money, but you will save energy, too!

1. Set your water heater to 140 degrees or less. This will not only save energy, but water as well because if your water heater temperature is too high, the system will add cold water as a safety measure to prevent burns. Keep in mind that if you have small children or a baby at home, the recommendation is to set the thermostat to no more than 120 degrees to prevent scalds on their delicate skin -- this will actually save you even more money on your power bill.

2. Speaking of thermostats: install and electric thermostat and set it 1 - 5 degrees lower than you normally would. For every degree lower, you will save 5% of your energy consumption.

3. Did you know that 20% of your home's heat will leak out from your windows and doors? By using weather stripping to seal the doors and windows in your home, as well as a clear caulk to seal cracks in floorboards and window panes, you will be in your way to reducing electricity bill significantly. Just think, by regaining that 20% of lost heat, you could quite possibly lower your thermostat even more than the 1-5 degrees in tip #2 in order to save even more money and energy!

4. This is a big one: when something is not in use, TURN IT OFF -- not just on standby, either. This is for items such as personal computers, DVD payers and VCRs if you have them, printers, cell phone chargers and other such electronic equipment that sucks up energy like crazy. When these items are not in use, they still consume a whopping 35% of your home's energy just by being left on. 35%! For your ease, you could use power strips to plug these items in to and when they are not in use, just flip the switch on the power strip and you will be able to turn off multiple pieces of equipment all at the same time.

5. Insulate your walls and attic. By insulating your home, you are literally creating a barrier that helps prevent significant energy loss.

6. Buy and replace your incandescent light-bulbs with energy efficient compact fluorescent Edison style bulbs. CFL bulbs actually reduce your energy consumption through light-bulbs up to 75% and since they last about 5 years, you can expect the lifetime savings of these bulbs to be between $400 and $1500. Too, you should keep in mind that the government has passed legislation that will phase out the incandescent bulb by 2012 in order to help reduce greenhouse gases and save energy. By starting now, you will save energy and money even sooner.

7. When washing your clothes, make sure you only wash full loads. In addition, pt your washer settings on the coolest water possible for your material, only allow the amount of water necessary for your items and set the cycle to the shortest possible one that will get everything clean. This will save you quite a bit of energy as well.

8. Make sure you get your appliances checked and serviced every year. Items such as a furnace or hot water heater can develop loose gaskets and leaks that will need to be fixed. By having a qualified serviceman out to inspect, not only could you prevent the cost of an unexpected breakdown, but you can ensure your appliances are running efficiently and smoothly.

That's it. AS you can see, many of these ways to reduce electricity bill actually won't cost you anything, yet the rewards are indeed measurable. So, what are you waiting for? Get in there and reduce electricity bill today!

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