5 Ways to Reduce Your Electric Costs

2 min


It is certainly no secret that residents and businesses in Maine are feeling the pinch when it comes to their energy costs. Both Central Maine Power electric rates and Emera Maine electric rates have risen substantially, and businesses could easily see their energy costs rising several hundred dollars over the course of the next few months.

While energy costs are rising all over the country, there are several things that smart residents and businesses can do to alleviate costs and keep some of their hard-earned money in their pocketbooks. Here are five sure-fire ways to keep your energy costs down.

Compare Different Energy Providers

The first thing that you need to do if you’re looking at cutting back on your energy costs is to compare providers and determine which one is best for you. Since Maine has a number of energy providers, there’s plenty of competition out there that could give you a lower price on your energy costs. Shop around and see what there is to be had with other suppliers. You might be surprised at the deals you can find!

Check Your Energy Bill

There are plenty of people and businesses who really don’t know where they are using the most energy. They know that their costs are high, but they don’t know how to cut back on them. Checking your energy bill and the history of your energy usage can help you determine where you can logically cut back. Perhaps you are spending far too much energy late at night when you can reasonably turn down the thermostat. Making small adjustments to your energy usage can save you a bundle in the long run and make you a more intelligent energy consumer moving forward. 

Invest In A Smart Thermostat

Head off the energy costs associated with those harsh Maine winters by investing in a smart thermostat. Smart thermostats tend to cost more upfront, but they save you tons of cash in the long run because they are intuitive machines that learn your schedule and adapt to it. Smart thermostats study your patterns and adjust your energy usage automatically, so you might not know that you’re saving energy, but you are. They can also be programmed and adjusted remotely, so anyone with a smartphone can communicate with their smart thermostat and turn it on or off at any point during the day. Smart thermostats save a bundle over the course of a year, and if you’re serious about cutting down your energy costs, you really should invest in one. 

Consider Alternative Energy Sources

Although Central Maine Power electric rates and Emera Maine electric rates are rising by leaps and bounds, traditional sources of fuel are not. Combat those cold Maine winters by investing in an attractive fireplace and utilizing an alternative source of energy. Utilizing a fireplace is an especially good way for restaurants to cultivate a cozy and inviting atmosphere in their establishments. Similarly, consider incorporating natural elements into your ambiance by utilizing natural light and opening up the windows on a warm summer day to get an excellent cross breeze flowing. Simply thinking outside the box and exploring other alternative sources of energy can save you a lot of money in the long run. 


Make Sure That Your Appliances Are Energy Efficient

You could do everything else right, but if your appliances are not energy efficient, you will be wasting valuable resources simply by running them. Older models tend to be inefficient, so invest in appliances with an Energy Star logo on them. The upfront investment will save you lots of money in the long run.

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