Canadians spent an average of $2,535 on utility bills and living costs in 2019. This can put a strain on household finances, with other expenses such as utility services, housekeeping, tuition, daycare, and transportation to consider.
To cut down on utility bills and living costs. It’s essential to start by making changes in the home. Simple actions such as turning off lights and unplugging electronics when not in use can help reduce electricity bills.
Water conservation is another way to reduce utility bills and energy consumption. Installing low-flow shower heads, fixing leaks, and being mindful of water usage can help lower water bills.
Consider cutting expenses, such as eating out and entertainment, to lower living costs. Planning meals and shopping for groceries in bulk can also help reduce food costs.
Finally, comparing utility and service providers to find the best deals and discounts can also help lower living costs. There are several ways to lower your utility bills and living costs. From natural energy saving to lifestyle changes, you have options.
Here are 9 Simple Haletale Habits on How to reduce your energy consumption:
1. Turn Off the Lights: Make a habit of switching off lights every time you leave a room. If the sun provides enough light, turn off indoor lights and opt for lamps or counter lights instead.
2. Eliminate Phantom Power: Phantom power, also known as standby power, happens when electronics are off but still plugged in. To avoid this, unplug your TV and other devices after use or use a power bar to switch off multiple devices at once.
3. Ditch the Dryer: Did you know each dryer use can cost between 24-72 cents? Hang your clothes to dry for 100% savings. Additionally, air-dry or towel-dry your hair instead of using a hair dryer to save on electricity and eliminate phantom power.
4. Run Dishwasher at Night: Utilize the dishwasher during off-peak hours to save on energy costs. The rates are usually higher during high usage times. Running the dishwasher at night, when you don’t need the dishes immediately, can reduce energy bills over time.
5. Adjust Thermostat: Lower the thermostat by 5-10°F (or more) before bed to save on heating costs. Also, reduce the temperature when everyone is away to save energy. A programmable thermostat can automate the process but making it a part of your routine works too.
6. Reduce Water Usage: Avoid wasting water due to leaks or long showers. Fix the leaks, turn off faucets and switch to low-flow toilets and shower heads to save water and reduce bills.
7. Prefer Laptops over Desktops: Fully charged laptops offer more mobility and save energy compared to desktop computers. They are ideal for home-based work.
8. Cover Outlets: Exposed outlets can let in outside air, straining your heating/cooling system and raising energy expenses. Cover outlets with plastic covers to block the airflow.
9. Wash Clothes in Cold Water: Washing clothes in cold water saves energy and reduces bills. Cold water works well for most laundry and hot water may set some stains.
Read on for 7 Simple ways to cut Living costs!
1. Do It Yourself: Save money by washing your car at home instead of paying for a wash.
2. Eat at Home: Stock up on groceries and cook delicious meals that you love.
3. Smart Shopping: Look for deals, but don’t base your purchases solely on price.
4. Cancel Unneeded Bills: Evaluate your subscriptions and memberships, and cancel those that you don’t use.
5. Save Energy: Turn off lights, and adjust heating and cooling settings when sleeping or not at home.
6. Use Public Transportation, Bike, or Walk: Reduce transportation costs by using these options instead of driving.
7. Cheaper Forms of Entertainment: Plan fun nights in with friends, explore nearby vacation spots, take advantage of free museum days, etc.
Together, let’s create a brighter financial future for ourselves and the planet.
Smarter Property Management
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Smarter Property Management
Find the best Rental Property Management Software in Canada. Transform your Rental property into a cash-generating asset with our user-friendly property management software solution.