Electricity was discovered in the 18th century. It wasn’t until the 1920s, however, that people began to use it in their homes.
Fast forward to today and it has become ubiquitous. We use it for almost everything from cooking stoves to laptop computers.
The good news is that electricity is relatively inexpensive. Depending on what you use it for, however, your bill can still be high. For example, old appliances tend to use more power than those that are new.
How much is the average electric bill? Are there ways to lower it? Find out by reading the rest of this post!
Reading Your Electricity Bill
Utility bills contain a number of details. For one thing, they include your kWh usage. Put it simply, it’s the amount of power that you use every month (measured in kWh).
In addition to that, there may be charges related to supply, taxes, or delivery.
How Much Is the Average Electric Bill?
The answer depends on various factors. For example, different electricity providers will have different fees. Given that, you might want to compare rates.
Not only that, but your appliances, local climate, and personal energy consumption habits can affect your bill as well.
With that said, Americans paid an average of $115 in 2019, according to the U.S. Energy Information Administration.
What Uses the Most Power?
Your HVAC system is responsible for nearly half of your home’s energy usage. Depending on how efficient it is, it can run you anywhere between $100 to $200 a month.
The second biggest energy hog is the water heater. And in third place, are the major appliances (e.g. washer, dryer, dishwasher, refrigerator, stove)
Tips on How to Lower Your Electricity Bill
There are a few things that you can do to lower your energy bill. Here’s what you need to know.
Switch to LED Bulbs
LED bulbs aren’t just safer, they also use significantly less energy. Not only that, but they last 25 times longer than incandescent lighting. Considering that, there’s really no reason not to switch.
Use a Smart Thermostat
Consider upgrading to a smart thermostat. That way, you can control your heating and cooling from anywhere with your smartphone.
Upgrade to ENERGY STAR Appliances
Consider replacing your appliances with ENERGY STAR models. Depending on what you get, they can use up to 50% less energy. Over time, this can save you a considerable amount.
Don’t Keep Things Plugged In
Electronics such as computers, DVD players, and stereos can pull power even when they’re turned off. Given that, you might want to unplug the things that you’re not using.
Understanding Your Electric Bill
As you can see, the average electric bill depends on various factors. Fortunately, there are ways to cut it down so that you can save some money!
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