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How Your Electric Utility Can Save You Money

Updated on December 19, 2017

Why some utilities want customers to conserve energy

If you are like most people you want to save money everywhere you can. Take your electric bill. Do you know that your electric utility can help you save money? No way, you say!

Think again. Many utilities are hard pressed to keep up with electric demand, and rather than build costly new traditional power generating stations, they are looking toward energy conservation and renewable energy sources – with the active encouragement and/or requirements of Federal and state governments.

Energy-saving tips and opportunities offered by some utilities

  • Energy conservation tips
  • Info on how to choose a cheaper electric supplier
  • Rebates on energy-saving products
  • Cheaper electric rates – e.g., time-of-use rates, intermittent demand reduction, load management
  • Tools for analyzing your home’s energy consumption
  • Links to other web sites with energy-saving information – such as Energy Star
  • Availability of free energy-saving products – e.g., foam insulating inserts for electrical outlets to reduce cold air infiltration

Energy-saving notices with your monthly statement

The next time you receive an electric bill, look carefully at your statement and any inserts included with the bill.  You will probably find energy conservation suggestions and tips on how to save money.

Energy-saving info on your utility’s web site

Go to your utility’s web site.  Log in and look for energy conservation tips, rebates for purchase of energy saving products such as compact fluorescent lamps (CFL).  You’ll be pleasantly surprised.

Many utilities are offering substantial rebates to help offset the cost of qualified energy-saving improvements to your home.  Look for smart energy savers, or similar programs.

Look for energy-saving tips – while there are numerous web sites with tips, your utility generally provides tips that are practical and have been reviewed by utility experts.

Check your “price to compare” for possible savings

If your state and electric utility offer supply choice you may be able to save by contracting with a lower price electric supplier for your electricity. Check your electric bill. You may find a “price to compare” on your statement. It is usually given as dollars per kilowatt hour (for example, $0.12 per kWh). Contact your local utility or public service commission for a list of qualified electric power suppliers. Then contact the lowest cost supplier and ask about contract terms, price, etc. If you are satisfied, go ahead and sign up and save.

Remember – your local utility can help you save money.


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