A lot of people are looking to save money these days. No one knows what the future holds, and we all know that the world has been marred with economic troubles in the past decade or so. A major household expenditure for most of us is our electric bill. And our electricity usage is a great place to start when we’re looking at how to lower our bills.

1. Install solar panels: This option may not be for everyone for its somewhat costly measures, but there’s nothing better than running on solar power for the environment and for your wallet. If you wish to cut your electricity bill  by more than 75%, this is the way to go.

2. Get a windmill: Well, this one might be tricky, but if you’re in a position to do this, planet earth will give you a big thumbs up. Naturally created energy is not only good for the environment, but once set up cost are accounted for, it costs you nothing.

3. Keep your temperature steady: Set your thermostat 2 degrees lower in the winter and 2 degrees higher in the summer. 72-74 degrees in the summer and 70-72 degrees in winter are suggested temperatures to set your thermostat to.

4. Check out energy saving apps: Apps like kill-ur-watts will not only keep track of how much energy you use, but give tips, advice, and resources to saving moolah each month on your electricity bill.

5. Insulate your water heater: Adding a little extra love around your water heater can return huge savings. It’s estimated your fridge and water heater are the prime energy suckers in the home.

6. Tune up your fridge: Having your fridge receive regular maintenance checks will keep the coils running clean, saving you hundreds of dollars a year.

7. Install a low-flow restrictor: Suppressing the amount of water used will help your hot water heater from sucking more energy out of your pocket.

8. Install dimmer switches: Adjusting the amount of light you need will not only set a certain mood, but will allow you to use the most appropriate amount of energy.

9. Wash clothes on cold: When you add hot water to anything, you’re enlisting the help of your water heater.

10. Use effective cook ware: Glass cookware cooks better than aluminum or others.