With prices going up in the U.S., from groceries to electricity bills, many homeowners are looking for ways to save money. Making smart changes at home can help cut energy costs and fight inflation. Here are some simple and advanced ways to do it.
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Why Energy Efficiency Matters
According to the Energy Information Administration, heating a home with electricity has become about 10% more expensive this year. With other rising costs, owning a home can get expensive fast. But there are ways to use energy more efficiently and reduce waste.
Home Upgrades That Help
One of the best ways to save is by using Energy Star-rated appliances. These include:
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LED light bulbs
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Efficient HVAC systems (heating and cooling)
Even replacing just one appliance at a time can save money. For example, a new Energy Star refrigerator can save about $110 per year on electricity. Some upgrades may also qualify for a Residential Renewable Energy Tax Credit, giving extra financial help.
Solar Panels
Installing solar panels is another great way to save money. Tax incentives make panels more affordable, and they reduce electricity bills while helping the environment. Some programs let homeowners even sell extra electricity back to the grid and earn credits.
Small but Smart Changes
Even small upgrades can make a difference:
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Programmable smart thermostats save energy by adjusting temperatures automatically
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Smart switches with motion sensors turn off lights when no one is in the room
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Energy Star ceiling fans use up to 60% less energy than regular fans
These changes, big or small, can help homeowners save money and reduce their carbon footprint.