4 Possible Reasons Your Electric Bill is Running High

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4 Possible Reasons Your Electric Bill is Running High

light bulbThe arrival of fall almost inevitably means higher electric bills. Despite the ominous ring to that warning, there’s a simple explanation: During colder months, we have our heaters running and spend more time inside, both of which lead to higher energy consumption. While bundling up, lighting a fire and setting your thermostat to a lower temperature are good options for reducing costs, utilizing your indoor heating unit is inevitable. Plus, you don’t want to risk the possibility of pipes freezing and bursting. Following are four factors that could drive up your utility bill.

Dated Appliances

Appliances past their prime (roughly 15 years and older) always yield higher utility costs. Replacing your aging appliances with more energy-efficient ones will significantly decrease your costs, especially in the long run. Even if your appliances aren’t that old, it’s important to regularly clean them and switch out parts such as filters, coils and the condenser.

A Faulty Thermostat

An uncalibrated thermostat will not provide an accurate reading and can ultimately cause your HVAC system to work harder. Make sure to remove the casing off your thermostat and clean out any dust that is possibly interfering with the temperature sensor. Sometimes, however, a poorly positioned thermostat may be to blame. The best place for a thermostat is on a wall away from any doors, windows and air registers. Finally, if you still own a mercury-based thermostat that is showing signs of decline, it’s a good idea to upgrade to a digital one.

Loose Seals

With temperatures falling, you don’t want to let any cold air in. From window caulking to weatherstripping, there are various ways to stop drafts — and all of them are fairly inexpensive. Click here for more.

Poor Insulation

This is a more common factor in rising utility costs than you might think. On the bright side, there are some easy and effective methods for gauging whether your house is well-insulated. One method is a touch test — the interior ceilings, walls and floor should all feel warm and dry, no matter how cold and rainy it may be outside. If they’re not warm and dry, that’s a bad sign. Another indicator of poor insulation is ice dams on your roof. As the heat radiating out of your house melts the snow from the bottom, this will cause the meltwater to flow down your roof and refreeze into icicles. Alternatively, you can hop into the attic or any crawlspaces to measure the thickness of the insulation on the perimeter wall. To learn more about this inspection, click here.

Our job here at Fairway Bozeman is to make your dream home a reality. Call us to discuss your financial goals, and we will find a great loan for your budget and work diligently to make the process a wonderful one for you.

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