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Practical Money Matters Radio Series

December 10, 2012
Lower Your Winter Utility Bill

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Find out about a few small actions that can help you save energy and money this winter.


If your utility bills are out of control, try these easy cost-cutting measures.

First, lower your thermostat. Each degree it's lowered saves up to 3% in heating costs. Turning the heat down 10–15 degrees at night can save 5–15%. For a $300 monthly bill, that's up to $45 dollars in savings. Up to a third of heated or cooled air can be lost through leaks, so install weather stripping around doors and windows, and add caulking around ducts and other openings. Did you know one leaky faucet wastes about 2,000 gallons of water a year? And finally, ask your utility company to perform a home energy audit. They're usually free or very inexpensive.

Bottom line: A few simple energy efficiency practices can save hundreds on your utility costs.

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