21 Apr Why Is Your Electricity Bill Going Up?
We spend a lot of money on our homes.
Our houses provide us with everything we need, and it can add up financially. But, nothing compares to how much we spend on our energy usage–it can cost an average of over a month!
If you’ve noticed an increase in your electricity bill lately, you’re not alone. You may be asking yourself, “Why is my electricity bill going up so much?” and you might even suspect there’s something wrong with your house.
Not to worry! There are a few reasons your electricity consumption might go up without any issues, which we’ll talk about in this post. Let’s begin!
Devices Drawing Phantom Energy
Most appliances or electronics draw phantom energy while they are turned off or in sleep mode. These are one of the pimary reasons why some people experience a sudden increase in their electricity bills. The amount of electricity wasted by these devices, when taking into account all the devices in a typical home, can easily be over 10%.
This energy cost, undetectable by the human eye but still actively dissipated, is known as “Phantom Load” or “Vampire Energy” and it can be enough to make a noticeable dent in your invoice. Smart power strips can help put an end to this unfortunate energy consumption. It allows you to control when certain outlets have power and when they do not. This can significantly reduce your electricity bill and help you save some money.
Using Old, Inefficient Appliances
Using old, inefficient appliances add up quickly. The appliances are more likely to require more energy and use more energy than necessary to complete their functions. With inefficient appliances, the motor is more likely to be too large, consuming more energy than is actually needed.
Additionally, basic maintenance like replacing air filters and air conditioning coils helps with efficiency. Poor insulation also leads to increased electricity usage. All these factors can contribute to a higher electricity bill. Therefore, investing in newer, more efficient appliances and taking better care of them can help keep your electricity bill lower.
Lighting Your Home With Traditional Incandescent Bulbs
Energy efficient bulbs are up to 25 times more energy efficient than traditional incandescent bulbs, significantly reducing your energy consumption and thus, your energy costs. Incandescent bulbs create light by heating a filament to a high temperature, using more energy than much more efficient LED bulbs and fluorescent lighting.
Therefore, the use of traditional incandescent bulbs significantly raises your energy costs, leading to an increased electricity bill. To reduce this bill, switch to the energy-efficient bulb equivalent, such as LED bulbs, which last up to 10 times longer and require significantly less energy to light your home.
Leaving Lights or Appliances On
When lights or appliances are left running, they use up electricity even when they are not in use. This extra electricity usage leads to higher bills, as you are being charged for the energy you didn’t actually need.
In the long term, this can potentially increase your carbon footprint and the quality of your resource, as the energy you’re using doesn’t necessarily require a sustainable energy source. Furthermore, leaving lights or appliances off at the end of the day can help save your energy costs, allowing you to have more money available for other expenses or investments.
Putting Significant Demand on Your HVAC System
The HVAC system functions by running a fan and air conditioning compressor to keep the air circulating in a home or building. When used more frequently, it needs more energy to power. As a result, the electricity cost increases. The more powerful models require more energy to run and will force air through the house or building faster.
Additionally, when using high-wattage appliances such as refrigerators, dishwashers, and dryers, the cost will go up. It is important to use the HVAC system wisely and avoid running the AC for long periods of time to avoid putting significant strain on it and the electricity bill.
Using a Lot of Hot Water
Hot water requires a substantial amount of energy to heat. As the amount of hot water used increases, so does the total energy used. Furthermore, regular usage of hot water (especially long baths or showers) can contribute to energy loss and wasted energy – resulting in a higher electricity bill. It is also important to keep track of water heater settings or thermostats, as a thermostat that is set too high can cause it to use much more energy than necessary.
Greater Use of Devices
The cost of electricity is on the rise. This is largely due to increased demand and use of energy, particularly from the rapid development of technology and digital devices. With more and more households using devices such as laptops and Smart TVs, the amount of electricity being used has drastically increased over recent years. Not only are we using more power, but we are also paying for it.
The more we try to save on our bills by switching off pointless appliances and electronics, the more we seem to be spending on electricity. The rise in electricity bills is largely due to an increase in the use of devices. This is due to the demand for power to fuel all our technological needs, and consequently having to pay more. The more we use our devices, the more money we’ll have to spend on our electricity bills.
If you’re looking for a way to lower your energy bills, investing in solar power is an excellent way. Aside from reducing your electricity bill, it can also help you make a positive impact on the environment. Make sure to consult a local solar installation company to learn more about the benefits of using solar energy.
Taking Control of Your Electricity Bill Today!
We’ve seen that electricity bills typically go up due to increased usage, new energy-efficient appliances, and higher energy prices. Fortunately, there are ways to reduce your electricity bill such as turning off appliances when not in use, improving insulation and sealing air leaks, switching to an alternate energy source, and more. Take action today to combat a higher electricity bill—it will be worth it in the end!
Found the article helpful? Browse the rest of this section for more helpful tips and tricks.