U.S. household utility bills continue to light up consumer budgets, with no apparent end in sight.
Utilities market experts say energy costs have become astronomical due to upgrading the power grid, rising energy demands from data centers, and rate increases. “Here in the Valley, when temperatures rise to 115 degrees, the cost of the energy becomes another mortgage. APS and SRP keep raising the cost of power every year,” Greg Field, owner, PGT Home Energy Solutions in Phoenix, Arizona, told NTD News.
Here’s How to Cut Burgeoning Utility Costs
You don’t need to be a master electrician to hardwire significant household energy savings. Technology is making that job easier, as are healthy doses of old-fashioned fiscal discipline and money management creativity.Pre-cool your home like a thermal battery
Energy companies tend to impose premium rates in afternoon hours when demand becomes maximum. “Stay disciplined and lower your thermostat by 3 degrees in the morning when the power is cheaper,” Field advised. “Let the floors and walls cool down before the afternoon comes. Then raise the temperature to 78 degrees during peak hours. Thus, you avoid peak hours without paying peak rates.”Get your HVAC checked out regularly
A heating, ventilation, and air conditioning unit (HVAC) typically runs for hours, so it consumes a lot more energy than household appliances. Consequently, homeowners should ensure their HVAC systems are properly installed, used, and maintained. “Seek professional inspection and maintenance at least once a year,” Tamer Sayed, a licensed HVAC technician and the owner-operator of Ontario-based Tamas Mechanical, told NTD.Also aim to improve insulation and sealing to prevent air leaks, which tend to cause the compressor to run longer and consume energy in the process. “Take advantage of thermostat controls as well,” Sayed said. “Set it to automatically adjust temperature when no one is at home or when everyone at home is asleep.”
Start hunting down ‘vampire energy’ suction costs
One of the biggest mistakes people make with home energy use is ignoring so-called "Vampire energy" draws, which can account for 5 to 10 percent of a home's total electricity use annually, according to the U.S. Department of Energy.“Vampire energy draws are electrical devices that pull power even when they are turned off,” Sequoya Cross, vice president of energy storage for Briggs & Stratton Energy Solutions, told NTD.
Cross advises taking a walk around your home and identifying items like your laptop, printer, coffee maker, phone chargers, and other items that can easily be unplugged. “Your TV and video game consoles use energy even when they are turned off because they are still plugged in,” Cross noted.
Start paying attention to peak hour charges
Since many utility companies charge more for energy during "peak hour" periods (typically on weekdays from 4 p.m. to 9 p.m.), try to avoid heavy usage during those times.Once the family is home in the late afternoon, they’re turning on lights, using the stove, opening and closing the fridge, running the dishwasher, doing laundry, using their computer, and watching TV or playing video games. “All of those activities drive up energy consumption and typically cost more because they’re being done during peak hours,” Cross noted.
Deploy back-up energy sources
Battery backup systems are a great way to avoid those peak charges. Simply put, batteries store power from solar panels or the grid, and the best time to use this stored energy is when the utility charges the most, during peak hours."Using an app, the batteries can be programmed to kick in at a certain time each day to reduce or even eliminate power consumption from the grid,” Cross said. “How much backup energy you have depends on the number of batteries in your system."
For those who don’t have solar panels, simply recharge the batteries from the grid during off-peak hours and then use the energy during peak hours. “For those with solar panels, the batteries can kick in during peak hours or during times when the sun isn’t out,” Cross added.
