Using The Recommended Thermostat Setting Can Save You Money

It’s summer and all of us are already feeling the heat wave! There are a lot of ways that people can do to keep themselves cool. Below are some of the radical ways to keep yourself cool and save money on your electric bill at the same time:

Go to the mall.

Yes, going to the mall does have a lot of purpose other than shopping. One of the funniest thing that I’ve heard is that people go to the mall in order to cool off. Imagine that on how people are going to the extreme in order to save money on air conditioning. If you think about it, it is actually a good idea. Why turn on your air condition and spend money if you can actually save energy and keep yourself cool at the same time.

Go to the beach.

Hmm. This will only work if you live in the coastal area, obviously. Here in California, the beaches is not only the biggest attraction for tourist but it is the most visited place by residents as well. Just a precaution, make sure that you use proper sun screen to protect you from getting sun burn or even skin diseases.

Stay overtime or longer at your office work.

Oh yeah, one way to make money and save money at the same time and that’s assuming that there is air-condition in your workplace.

Drink lots of glasses of water.

To keep yourself hydrated. Well, you are saving money on electric at the expense of spending more on another type of commodity.

Staying home? Adjust Your Thermostat!

However, if you have to stay at home, then you have no other choice but to turn on your air condition. Trying to stay cool can have a dramatic effect on your electric bill. In fact a single degree Fahrenheit change on the temperature can make the biggest impact on your bill. According to the Nashville Electric Service, the optimum thermostat setting to yield both savings and staying cool is 78 degrees. And if your thermostat is set at 80 degrees, you will save 16% on your bill but you will have to stand the additional heat. Of course, the lower the setting, the higher the cost would be.

It’s going to cost you 8% more if your thermostat is set at 77 degrees, 28% more at 75 degrees, 39% more at 74 degrees, 50% more at 73 degrees and 63% more at 72 degrees.

So how much would you save by increasing your thermostat setting to 78 degrees? Below is the calculation:

“Take the price of your current electric bill and divide it by one plus the percentage corresponding with your current thermostat setting.  Subtract that number from your current bill.

For example, if you electric bill is $100 and your thermostat is set at 76 degrees, take $100 divided by 1.18.  Subtract that number, $84.75, from $100.  You’d save $15.25 a month! “

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