How to Save on Your Home’s Real Cost of Energy
Find the hidden factors raising your home’s real cost of energy.
You work hard for your money. Stop wasting and overpaying. Take control and cut your costs by half or more.
What’s the Real Cost of Energy?
When you think of how much your energy usage costs, the first thing you probably think of is your monthly electric bill. That’s a monetary cost, but it’s just part of your home’s real cost of energy.
Many of your energy costs are hidden out of sight but can make a big difference in your real cost of energy. Things like energy inefficiency and waste can double your bills. Use EnerWisely’s free Energy Savings Calculator to determine your real cost of energy and identify your total potential cost savings. It could be thousands of dollars and a big reduction in your climate impact.
More than 90 percent of Texans say they overpay for energy. They’re looking at their electric bills, but that’s just the tip of the iceberg when it comes to the real cost of energy.
When you discover the real cost of your energy use, you can also uncover and achieve your full saving potential. Your total cost of energy includes not just the money you pay to the electric company each month, but also the cost of your health, privacy, and impact on the climate. You need to take all of these factors into account when calculating your real costs and making daily life smart energy choices.
The money you pay in electricity bills is the obvious component of your energy cost, but be aware that it depends on four main factors:
1) Electricity plans
In deregulated electricity markets like Texas most people focus on finding cheap power rates. Finding the lowest cost electricity plan is achieved comparing against your real electricity usage profile so that you get the lowest total cost.
2) Energy Leaks
This is the amount of electricity consumed by keeping appliances and devices working when they are not needed, most of the time without even noticing it. Energy leaks can represent up to 25% of the total energy used.
3) Energy Efficiency
It is estimated that 30% of the energy used by buildings in the USA is wasted due to inefficiencies. In other words, using more electricity to achieve the same outcome. For example, using incandescent lights instead of led lights. In the end the cleaner and cheapest KWh is the one that is not wasted.
4)Electricity plans finder fees
Some people are so frustrated trying to save on their electric bills and finding cheap rates, that they end up paying monthly subscriptions. These services typically range between $4.99 to $10 per month. The good news is that Texans now can keep this money in their pockets by using free smart comparison like EnerWisely’s Energy MatchMaker.
Our Energy MatchMaker shops for the best electricity plan for your household, making sure that the plan matches your actual energy consumption.
One unseen energy cost is that of individual privacy. Most Electricity shopping services and service providers don’t have robust energy data privacy standards. Be mindful of your data privacy and security. For your peace of mind, always check that your service is compliant with DataGuard. DataGuard is the standard by the US department of Energy.
Another unseen cost of energy production is the health of the country’s citizens. Pollution from power plants that burn coal, oil, or natural gas can cause a variety of health issues, including asthma, lung cancer, and even heart attacks. A study from the Physicians for Social Responsibility and American Council for an Energy-Efficient Economy reveals that increasing energy efficiency can reduce this pollution and save six Americans from dying every day.
The final unseen energy cost is the cost to the environment. Carbon emissions from power plants not only pollute the environment but contribute to global warming and climate change. Your individual carbon footprint is a measurable but often unnoticed energy cost.
Now that you are aware of all the hidden factors of your total energy cost, start your free energy audit and see the things that are increasing and helping you reduce your total cost of energy so that you can stop missing out on savings.
Why You Need an Energy Efficiency Audit
To discover your energy consumption trends, use EnerWisely’s free online Energy Savings Calculator. All it takes is 10 minutes of your time, and you’ll see just where you’re spending your energy dollars.
- Electricity Use – View your household’s total energy use, broken down into categories, such as air conditioning, laundry, lights, electronics, etc.
- Energy Consumption Patterns – View your energy usage arranged by days, nights, seasons, and more.
- Energy Leakage – View your household’s energy wastage and the money you’ll save once the leaks are addressed.
- Carbon Emissions – View the environmental impact of your energy usage.
EnerWisely Helps Homeowners Shop For The Most Suitable Electricity Plan For Their Energy Consumption
Texas is the state with the largest carbon emissions per capita. Homeowners can help in addressing the problem by reducing their own carbon footprint while increasing their monetary savings. EnerWisely helps homeowners identify ways to eliminate waste, improve energy efficiency and save energy to lower your total cost of energy.
Houston is C40 City and is focused on tackling climate change and driving urban action that reduces greenhouse gas emissions and climate risks, while increasing the health, wellbeing and economic opportunities of citizens. You can join the movement by understanding the real cost of your energy usage and taking action to control it. You will save money while helping the planet and your own wellbeing..
Dallas is also leading climate action in Texas! As part of a major metropolitan area in the state, each Dallas household must can take steps to reduce their carbon footprint and be part of the solution while actually increasing their monetary savings. EnerWisely empowers you to take this balanced approach understanding and controlling the hidden factors that increase your real cost of energy.
Calculating your real savings potential
If you’re looking to reduce your energy costs, shopping for a cheaper electricity plan is a good first step – but it shouldn’t be your only step. You have to look for ways to reduce your total cost of energy, which goes beyond your electricity rates.
When you know your real energy costs, you can discover real energy savings. EnerWisely’s Energy Savings Calculator will show you four different ways to save money on your energy costs – by choosing a lower-cost electric plan, reducing energy leaks in your home, improving your energy efficiency, and reducing your carbon emissions.
Your energy use, broken down into categories (air conditioning, laundry, lights, electronics, etc.)
If your home is like most, you’re losing a lot of energy to leaky doors and windows, under-insulated areas of your home and overused appliances. Plug these leaks and you’ll waste less electricity and save more money.
Choosing more efficient appliances – including your furnace, air conditioner, and water softener – can dramatically reduce your energy costs.
Reducing your energy leaks, improving your energy efficiency and choosing power with higher renewable content are all good ways to reduce your carbon footprint and have a positive effect on the environment.
Let EnerWisely Help You Reduce Your Real Cost of Energy
EnerWisely’s Energy Savings Calculator is a data-driven tool that makes 100% unbiased decisions about your household’s energy use. We’re focused on empowering you to harness the power of your individual data and realize your real potential energy savings. When you use the Energy Savings Calculator and Energy MatchMaker, you’ll be matched with the lowest-cost electric plans for your unique energy needs.
EnerWisely, a Houston-based company, is a one-stop energy savings platform for residents of Texas. EnerWisely partners with Energy Star, a program run by the U.S. Environmental Protection Agency (EPA), to provide 100% online, entirely free energy efficiency assessments to consumers in our community. EnerWisely also complies with DataGuard, the U.S. Department of Energy’s data privacy standard, so the data collected is safe and never sold or shared.
EnerWisely is an affiliate of Quantum New Energy, a technology company dedicated to energy innovation. After years of solving challenges for some of the largest energy companies in the world, we are using that experience to empower everyday consumers to make smarter and more informed decisions about their energy use.