Are you paying too much for energy bills? The Energy Information Administration reports that average monthly utility bills run as high as $95.66. Moreover, an overwhelming 33% to 50% of Americans deny the existence and validity of global warming, or believe that any related effects can be chalked up to natural causes alone.
U.S. residents can address both problems at once. Efficient appliances and products consume less energy, reducing environmental impact and lowering exorbitant energy bills. Similarly, consumers may receive incentives or tax breaks for choosing green or clean electric utility suppliers. Here’s what you need to know to save money on electricity and energy bills:
The Government May Pay You For Choosing Green Energy
- Tax Cuts For Energy Improvements
Installing energy-saving products in your home can save hundreds off annual bills, and the government may even pay you for a portion of your purchase, too. For example, the government promised consumers reimbursements of $50 to $300 for energy efficient appliances — or 10% of energy-related costs exceeding $500 — in 2012 and 2013. Residents received tax credits for biomass stoves, energy efficient windows and doors, insulation (including caulk, spray foam, house wrap, and weather stripping), and more. Even small improvements, such as faucet aerators, may be eligible for tax incentives. In some cases, tax breaks may vary from state to state. Furthermore, residents should know that tax breaks for energy efficient appliances and improvements benefit homeowners only. At this time, people renting their homes do not qualify.
- Discounted Green Energy
Another way to save big is to switch electric companies. Consumers may be surprised to learn that green and/or clean energy suppliers are also among the cheapest electricity suppliers. Consumers in in Connecticut, Delaware, Illinois, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Texas and the District of Columbia can compare electricity providers. Free online tools help consumers determine the least expensive provider in their area.
Stop paying too much for energy and buying into the fallacy that global warming isn’t real. Consumers can drastically reduce household energy consumption, and save money while doing it, by making energy improvements in their home and using free tools to compare electricity providers. Good refereneces.