If you’re looking for a way to cut expenses — and who isn’t these days — look no further than your home. The average household spends more than $1,300 a year on energy bills.1 You can reduce your energy costs with a few basic home improvements.
• Stop leaks. Small cracks can lead to big air drafts. Applying weather stripping to windows and doors and caulking around openings for dryer vents, outdoor faucets and crawl spaces doesn’t take a lot of time or money, but can save you money in the long run.
• Hot and cold. Heating and cooling account for about 56 percent of the energy use in a typical U.S. home.2 Reduce your energy cost by controlling the temperature of your home with a programmable thermostat. Adding insulation can also help maintain the temperature you want inside.
• Upgrade to green. If you’re in the market for new appliances, consider the advantages of purchasing energy-efficient models. While the initial cost may be more expensive, you’ll save substantially more during the years in energy costs. You may also qualify for tax credits or rebates from your local energy provider for increasing the energy efficiency of your primary residence.
1 U.S. Energy Information Administration, http://www.eia.gov/tools/faqs/.
2 U.S. Department of Energy, http://energy.gov/public-services/homes/heating-cooling.
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