Just as the coldest months of the year were about to hit Maine, energy companies announced a rate hike that would make energy prices skyrocket and local residents and businesses feel the pinch.
Even though we all need to use energy in our day-to-day lives, there are plenty of ways to cut back on your electric rates and keep your bank account happy! These simple fixes can save Central Maine Power and Emera – Maine customers hundreds of dollars over the course of the year.
Invest in A Smart Thermostat
The number one way to cut back on electric costs is to invest in a smart thermostat. Although smart thermostats cost more in upfront costs, they save businesses and residents big-time in the long run. Smart thermostats can learn your schedule and adjust themselves accordingly. They are also able to be remotely controlled, so if you have an unforeseen conflict you can adjust the thermostat from the comfort of your smartphone. When you invest in a smart thermostat and compare electric rates in Maine, you’ll be making real progress to cutting back on your bills.
Check Your Lightbulbs
Lightbulbs eat up a lot of energy, and inefficient ones will do serious damage to your monthly bill. If you want to save money on energy costs, consider investing in energy-efficient bulbs. Not only will these bulbs save you on your energy costs, but they also last far longer than traditional bulbs. This is great news for businesses that operate at night and need to keep their space lit.
Consider Replacing Old Appliances with Energy Star Efficient Ones
While you’re replacing your inefficient lightbulbs, why not consider replacing some of your ill-performing appliances? Today’s Energy Star approved appliances use far less electricity and deliver the same quality that you’re used to. Some of them will even run better than your old appliances! The upfront investment is worth the cash that you’ll keep in your pocket at the end of the month.
Eliminate Excess Water Usage
We all love hot showers, but they are seriously impacting your electric rates! Consider limiting your hot water usage and you will see a dramatic drop in your energy bills. Businesses can implement this strategy too, by only running appliances like industrial dishwaters when they absolutely have to. A little conservation will go a long way to reducing your energy costs. As an added bonus, you’ll be doing something good for the planet at the same time.
Weatherproof Your Home or Business
Homes or businesses that are not weatherproofed tend to leak out a lot of hot air in the winter and release air conditioning in the summer. Stop up the leaks in your home by investing in some weatherproofing. Replace old windows and make sure that your attic is insulated. When winter rolls around it’s a good idea to put up plastic on the windows and use draft stoppers under your doors. This will make sure that your hot air is not escaping without you noticing!
Compare Electric Rates in Maine
Not all energy companies are the same. You might be paying more out of pocket than you have to. Take the time to instantly compare electric rates in Maine. You might find that an alternative provider is a better fit for your home or business. You don’t know what else is out there until you look, so make sure you take this crucial step!
Although Maine businesses and residents will start to feel the pinch of increased energy costs, there are ways to make sure that you’re doing everything that you can to keep your money in the bank account where it belongs.