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5 Tried and True Tips to Save Big on your Energy Bill

Are you concerned about your energy bills? Fall is already upon us and winter is not too far behind. With the cost of energy on the rise, follow these simple steps and tips on how to lower your energy bill this winter. Whether you have a new home or not, get in the habit of doing this at the end of the summer to avoid hefty bills during cold winter months. You can also ask your energy company to conduct an energy audit to perform an assessment within your home.

  1. Maintain Your Furnace – every 1-2 months make sure you clean or change your filter. A dirty filter reduces airflow and makes the furnace run longer. Also make sure vents are clean and unobstructed by carpets or furniture.
  2. Manage Your Thermostat – Install or use a programmable thermostat to automatically warm or cool your home as needed. Drop temperatures by one or two degrees and you’ll see a difference in your heating bill. Make sure to program it while on vacation so you’re not heating unnecessarily, but don’t leave it too cold or off and prevent water pipes from bursting.
  3. Caulking or Weather Stripping - Air leakage is the greatest source of heat loss as heated air escapes from tiny gaps and cracks around the home. Check your windows and doors on a windy day for the source – it’s the best time to do so. Windows and doors, as well as the basement, are responsible for the largest percentage of heat loss in the home.
  4. Lower Your Water Heater Costs – Just by turning down the temperature of your water heater setting to 120 F you’ll save energy and avoid scalding yourself with unnecessary hot temperatures.
  5. Lower Your Holiday Lighting Costs – Use only LED lights to reduce the cost of decorating for the holidays. It’s best to look for ENERGY-STAR ® lights.

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Spectrum Realty Services Inc., Brokerage

8400 Jane Street Unit 9, Vaughan, Ontario L4K4L8
Office: 416-736-6500
Fax: 416-736-9766

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 5/24/2019 8:53:19 AM