Do you think you’re an expert on energy? Are you saving as much as you possibly can on your monthly electric bill? Even if you think you’re adept on these two important issues, here are 8 engaging facts which could prove that you’re not the expert you thought you were.
1) Vampire Energy
Do you have a moment to do a quick walk through your home? Take a look at all the electronics and appliances plugged in to outlets. For each item, ask yourself the following: “Am I using these devices on a regular basis?”
Even if you’re not “actively” using them on a regular basis, they are still drawing power. You may have the device switched to the off position but that doesn’t matter. The energy being used by these devices is otherwise known as vampire energy. And interestingly enough, these plugged-in rarely used devices could be costing you an extra 5-10 percent per month on your energy bill.
2) Lower Rates for Energy and Electricity Are Available
Did you know that if you live in a deregulated state, you could switch energy providers and lower your overall rates? At New Jersey Power and Light, we are here to help you with the simple step-by-step process of lowering your monthly bill by assisting you in finding a less expensive provider. We can also help you switch to a renewable energy source.
3) Your Hot Water Heater Is Too Hot to Handle
What would happen right now if you stepped into your shower and turned the faucet to the highest heat setting? Most likely you would get scalded by excessively hot water and need to be rushed to the emergency room.
By default, an in-home hot water heater is set to 140 degrees at the factory. Judging by the shower test mentioned above, that is absolutely too hot to handle. The solution to the issue is to lower your hot water heater to 120 degrees. Doing so will lower your electric bill.
4) Heating and Cooling Could Be Costing More Than It Should
At least half of your electric bill stems from cooling and heating your home. This is why proper insulation in your attic is so important. You should also check if your doors are sealed properly. Check those air filters on a regular basis. And make sure all vents are clear of furniture and other obstacles.
5) How Expensive is Electricity in Your State?
Do you know how expensive electricity is in your state compared to others? As of now, New Jersey, Connecticut, Hawaii and Alaska have the highest electricity rates in the country. The states with the cheapest and most affordable rates are North Dakota, Louisiana, Washington, Idaho and West Virginia.
6) Does Your Electric Bill Compare Favorably with the Rest of the Country?
The average monthly electric bill across the country is $114. This value takes into consideration that bills are higher during hot summers and cold winters and lower during the spring and fall.
On average, the typical home in the U.S. uses around 11,000 kilowatt-hours (kWh) per year. This value (kWh) should be printed on your monthly electric bill statement. Your bill should also show you a year-to-date running total.
The question is, do you use more or less energy than the average home?
7) Where Does Electricity Actually Come From?
Here is a breakdown of how electricity is actually generated in the U.S.:
- Coal – 39%
- Natural gas – 27%
- Nuclear – 19%
- Hydroelectric – 6%
- Non-hydro renewable energy – 7% (see below)
- Petroleum and other various sources – 1%
Non-hydro renewable energy sources include solar, bio fuels, wind, geothermal and biomass.
Did you know that in some states, you have the right to choose what percentage of your home energy comes from conventional verses renewable sources?
8) Having a Choice Means Paying a Cheaper Rate
Energy suppliers are competing for your business. Competition leads to lower rates. And lower rates lead to a cheaper bill.
At New Jersey Power and Light, we are here to help you find those lower rates and assist you in switching providers. We will help you shop for a new provider, plan duration and even assist you with picking green/renewable energy options.