Tricks to Save on Your Electric Bill

Decrease Your Electric Bill - Complete Controller

Are you worried about the rise in the price of electricity? Do you think you pay too much? Don’t worry, saving on your electricity is very easy to do. We have the tricks and tips to help you do this.

The price of electricity rose in August 2018 to $ 64.32, 35.5% more than in the same period of the previous year and 3.9 in July. According to the data of the Iberian Electric Market Operator (OMIE), it accumulates five months in a row of rising. Download A Free Financial Toolkit

We cannot reduce the price of electricity in the wholesale market, which supplies the retailers that we later hire at home. Instead, we can take specific measures in our house to consume less and reduce our electric bill.

Watch the appliances

The appliances that consume the lightest are the refrigerator, the television, the washing machine, the oven, and the computer. When you leave the TV, the PC, or a music device plugged in. You did not use them. The standby mode is activated. Currently, the so-called silent consumption occurs. If you turn off all the on, standby devices, you can save 10% on the amount of light you use.

The refrigerator is, by far, the appliance that spends the lightest: a third of all household consumption, according to Endeca data. The washing machine accounts for almost 12% and the oven about 8%. If you also have a dishwasher, you will consume even more. Why? Because heating water is a function that needs more energy.

“The appliances that consume the lightest are the refrigerator, the television, the washing machine, the oven, and the computer.” Exit Advisor

To reduce the consumption of appliances, you can do two things. First, stop by the store and invest in new devices with energy labeling A +, A ++, and A +++. you are a mandatory seal that indicates its energy efficiency and performance. Although it seems to you that it is a lot of money, they are more than profitable in the long run.

Second, if you do not want to make this investment, use programs with low temperatures when using the washing machine and the dishwasher. For the fridge, try to keep it in a not ridiculously hot place, never leave it open, clean the back frequently and monitor the temperature. Maybe it is not necessary to be so cold for the food you have.

Adjust the contracted power

Once you have streamlined the use of appliances, saving light will be more accessible if you pay attention to your consumption. The lion’s share of your bill is the contracted power, the amount of energy you can use to make your home function normally.

The contracted power is measured in kilowatts (kW) and appears on your bill. To understand it quickly, you pay for every kilowatt you can use. Then you will pay for the consumption, of course. An excellent way to know what power you can hire without passing or falling short is to use this helpful calculator. LastPass – Family or Org Password Vault

Study time discrimination

Saving light by just changing your customs a little is possible. Hourly discrimination is a type of electricity tariff whose objective is to reduce the consumption in the schedules of more energy demands. It works with the so-called peak hours (expensive) and valley hours (cheap). The cheapest is from 10:00 P.M. to 12:00 P.M. in wintertime; and, from 11:00 P.M. to 1:00 P.M., in the summer.

If you can concentrate 30% of the light of your home in the valley hours, you can save up to $ 70 per year on your bill. By the way, do not worry. The rate is reversible if, in the end, you cannot adjust the hours of use of appliances—one more example of how to save light virtually.

Compare the rates of the marketers

Have you ever thought about changing the company of light? Marketers have vastly different prices. Some have offered to attract customers that usually have significant advantages. The change of company is an excellent way to save on the electricity bill. Do not worry because the supply will not be cut even if you change providers. The procedure is simple and free.

CorpNet. Start A New Business Now About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Complete Controller. America’s Bookkeeping Experts