Utility bills can take a big bite out of your monthly budget. With a few changes, however, you can reduce what you pay for the three essentials: electricity, water, and heat.
If you’ve ever lost power for an extended period of time, you no doubt renewed your appreciation of this necessity when the lights came back on. There are tons of tips for how to reduce your electricity consumption; here are our favorite three. We like them because they’re low cost (two are even free), and they are easy!
Did you know you can save money on your electric bill even if you make no changes to how much juice you use? It’s true! Pennsylvania allows consumers to shop for their electricity supplier. You can do an Internet search to find comparison sites or go to your electric company’s website to begin your search. Most provide links so you can shop for a more competitive rate.
You can stop the flow of wasted dollars out of your budget by making some adjustments to reduce your water usage.
A few changes in behaviors can help tame those monster heating bills.
While we’ve been a little light-hearted with this post, staying warm is serious business, so we wanted to let you know about the Low Income Home Energy Assistance Program (LIHEAP). Through the program, low-income families can qualify for a cash grant to help pay their heating bills. This grant is a one-time payment that goes directly to the utility company. Grants range from $300 to $1,000 and do not need to be repaid. Visit the LIHEAP page for details on how to apply online and by paper application.
At PSECU, we know how important it is to understand how to make the most of your hard-earned money. That’s why we have free resources that can help members and non-members increase their financial know-how. Visit psecu.com/learn to see all we offer. Not a member? You can join us today!