Simple Ways To Save On Utility Bills At Home

Utility bills can become a budget-testing experience for most families, especially during the peak heating and cooling seasons, and that’s why we at Mississippi Title Loans, Inc. have decided to share a few effective frugal money-saving tips. You might end up saving a small fortune with these few simple pieces of advice, so make sure to start taking advantage of them as soon as possible!

The Best Money Saving Hacks For Lowering Your Utility Bills

Though in some states you would be allowed to shop around for a cheaper utility provider, not every area has a deregulated energy market. In Mississippi, you won’t be able to find a cheaper electricity rate or switch to a different energy plan at the moment. But that doesn’t mean that there isn’t something you can do to lower your utility bill.

1. Reduce Your Electricity Usage

• Switch to energy-efficient lightbulbs – those use up to 90% less electricity than regular lightbulbs and will save you around $55 over the lifetime of a single bulb.
• Run your appliances during off-peak hours – reduced rates can be as much as 50% lower than during peak hours. The exact time will vary depending on your region, but you can’t really go wrong if you fire up your washing machine or dishwasher after 10 PM.
• Unplug everything that you’re not using – this habit can help you save up to 10% every month.
• Turn your water heater down to 120 degrees – by default, the appliances are set at 140 degrees which makes the heater waste up to $61 per year in standby heat losses.

2. Lower Water Bills

• Run your dishwasher and washing machine only when you have a full load (and don’t rinse the dishes before placing them in the washer).
• Repair any leaks on faucets and toilets – a faucet that leaks just one drop every second puts over 3,000 gallons of water to waste per year.
• Take quick showers – a full bath will use up to 60 gallons more water, and showering just a minute less can help save 2.5 gallons.

3. Save On Heating And AC

• Adjust your thermostat – aim to keep the temperature at around 68 degrees in the winter and at 78 degrees during summer (by the way, adjusting the temperature by just 7 degrees from your normal setting will take 10% off your heating and cooling expenses).
• Change your HVAC filters regularly – this will help prevent unnecessary damage.
• Use your ceiling fans – running the appliance costs only about a penny an hour, but it might help you feel a lot cooler or warmer without having to adjust the thermostat. Simply make sure that your fan is rotating counterclockwise during the summer and in the reverse direction during the colder months.
• Take advantage of your curtains – the smart management of any window coverings can reduce heat gain by up to 77%! Curtains can also assist in reducing heat loss by about 10% in the winter.

4. Make Your House More Energy-Efficient

The following adjustments might not seem like the most frugal money-saving tips as they require an initial investment. But in the long run, they would help you save thousands of dollars.

• Fix leaky ductwork, otherwise, your HVAC system will lose 20% of its efficiency
• Improve your home’s insulation by sealing leaks with caulk, installing weather stripping, and adding insulation in the attic
• Buy only Energy Star-certified appliances
• Install solar panels to save about $1,500 per year

Can A Title Loan Be Used To Cover A Utility Bill?

At times, utility bills can be way higher than anticipated, especially in the winter or summer months. If you recently received a high utility bill, and the amount due took you by surprise, you might want to turn to a title loan to help you handle those utility bills. 

This loan will help to avoid late fees and to make sure that you’re not left without electricity and gas. A loan might also come in handy if a higher-than-usual utility bill has depleted your savings and now you do not have enough money set aside to cover an emergency expense.

Why Work With Mississippi Title Loans, Inc.?

With us, you might qualify for up to $2,500 in just 30 minutes! With our 27 convenient store locations for you to choose from you are never far from the money you need and you might get the money even if you have bad credit.

By the way, you can easily get the process started from the comfort of your home, and if approved, you will receive the funds as soon as the following bank day or sometimes even the same day.

Take Care Of Your Utility Bills Today!

Even if you manage to take advantage of all of the money-saving hacks for lowering your utility bills, life can be unpredictable. Unfortunately, at one point, you might find yourself in a tough financial situation.

No matter what type of emergency you’re dealing with, a loan from Mississippi Title Loans, Inc. may be able to help you resolve the issue in the shortest time. Ready to get the money that you need? Then complete our inquiry form, and our friendly representative will soon contact you.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.