Written by Cathie Ericson
Published Feb 07 | 8 minute read
If you've noticed a spike in your energy bill recently, you're not alone. According to the U.S. Energy Information Administration, electric bills are set to rise, with the U.S. residential price of electricity averaging 14.9 cents per kilowatt hour in 2022— up 8% from 2021.1 With the rest of your bills likely also affected by inflation, you're probably wondering how to save on your electric bill. We've got you covered with these 15 room-by-room tips.
A fantastic by-product of figuring out how to lower your energy bill is that you'll be helping reduce your carbon footprint, too. As you track your electric bills against your budget, track your savings and then make sure to put that extra cash to work for you and your future by stashing it in a high-interest savings account. Of course, if you need to use some of it for a new sweater or blanket to help you ward off the chill, feel free, knowing that even more savings will be on the way.
LEARN MORE: How to Save Money on Gas
Cathie Ericson is an Oregon-based freelance writer who covers personal finance, real estate and education, among other topics. Her work has appeared in a wide range of publications and websites, including U.S. News & World Report, MSN, Business Insider, Yahoo Finance, MarketWatch, Fast Company, Realtor.com and more.
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