Trending Insurance News

How to Lower Your Off-Campus Utility Bills

How to Lower Your Off-Campus Utility Bills


This article is brought to you by GradGuard. We protect college students and their families from the financial risks of college life, like providing a refund for tuition or replacing a stolen backpack when your school may not. When the unexpected happens, GradGuard’s tuition insurance and renters insurance can help you get back on track.

Living off campus brings in a new level of independence. There are no dorm rules to abide by, no shared bathrooms, and more privacy. But with that independence also comes new responsibilities. Electricity, water, gas, and internet costs can add up quickly, especially if you are living with roommates. The good news is that lowering your utility bills doesn’t require big sacrifices. With a few mindful habits to adopt and smart adjustments to make, you can continue living comfortably while saving money each month. Here are 7 practical and effective ways to cut down on your utility bills.

via Pexels

1. Heating and Cooling – Heating and cooling, especially during extreme seasons, often make up the largest portion of your utility bill. Managing your thermostat is a simple way to efficiently save money. Setting your heat a few degrees lower when you are asleep or away from home during the winter and raising it during the summer can help lower the monthly bill. Even a small change of two or three degrees can lead to noticeable savings. Using ceiling fans can reduce how hard your HVAC system has to work, and inexpensive tools such as weatherstripping and door draft stoppers can help maintain stable indoor temperatures. Blackout curtains can also help keep your place cooler in the summer and warmer in the winter.

2. Unplug and Power Down Devices – “Phantom energy” or so-called “vampire energy” is the electricity that is wasted when a device that is not in use is still plugged in. Chargers, gaming consoles, TVs, and kitchen appliances are the most common “vampires”. The best way to prevent this is by unplugging devices when not in use, or using a power strip and flipping the switch off. Using energy-saving mode and sleep settings on electronics will help reduce power usage during inactivity. The small habit of turning off the lights and unplugging devices can add up to significant savings over time.

3. Energy-Efficient Lighting – If the place you rent from still uses incandescent light bulbs, it’s time for a switch. LED bulbs are a great investment. They use up to 80% less energy with a lifespan that is ten times longer. While LED bulbs may cost more upfront, the long-term savings are worth it. Another simple way to save on lighting is to take advantage of natural light. Keeping the curtains and blinds open during the day instead of turning on lamps or overhead lights will also lower electricity usage. Natural light has numerous benefits besides just reducing the utility bill. Improved moods, sleep, and vitamin D production are just some of those benefits.

4. Conserve Water – Three simple ways to conserve water are reducing your shower time, turning off the tap in between hand-washing the dishes or brushing your teeth, and reporting leaks right away. A low-flow showerhead is an inexpensive and renter-friendly tool that consumes less water. Shaving off how often the water is on can save gallons each day. Most landlords are responsible for fixing plumbing issues, and it can take time for a report to be processed, so reporting leaks as soon as you notice them is important. When it comes to using the laundry machine or dishwasher, waiting to run full loads can help maximize efficiency. Using cold water for the laundry whenever possible will reduce the energy needed to heat water.

5. Use Appliances Wisely –  Appliances like dryers, ovens, and refrigerators are big energy users. Making sure to clean the dryer lint trap after each use will help it run more efficiently. Air drying clothes can significantly cut costs, but it also takes much longer. When cooking, using the correct size pot or pan for your burner and keeping the lids on to trap heat will save some money in the long run. Meal prepping a week at a time will save energy since you are using appliances less frequently throughout the week. As for your refrigerator, avoid overcrowding it to help maintain good airflow without overworking the motor.

6. Split Costs and Communicate – If you live with roommates, utility bills can get complicated if there are disagreements in how a space should be used. One person may like to use the air conditioning while another prefers opening the windows. The key to being on the same page is communication. Openly talk about energy use and find a middle ground on shared habits. While there may be continued disagreements with the space, coming to a compromise that everyone is okay with will help maintain a healthy relationship with your roommates while still saving some money. Using group reminders can make saving energy a team effort rather than a source of conflict.

7. Track Your Usage – Monitoring your utility usage each month helps you understand where your money is going and identify patterns. If you notice a sudden spike in your electricity bill, you can troubleshoot whether it’s due to seasonal temperature changes, longer showers, or devices that were left plugged in. Some utility companies have apps or online dashboards that track your energy consumption, giving you a visual breakdown of when and how you’re using the most power. Getting into the habit of monitoring your energy usage will be a great lifelong skill to have, no matter where you live.

Managing utilities is probably one of the less fun aspects of living off-campus, but it’s also one of the easiest areas to control once you know how to. It’s all about adopting lasting habits that make a meaningful difference. Turning off the lights, unplugging devices, and adjusting your thermostat will become second nature as you practice these habits and get better as time goes on. By being intentional about how you use energy and water, you can save a surprising amount of money each month. Not only are you lowering your utility bills, but you are also making a positive environmental impact and developing life skills that will benefit you well beyond your college years.

It’s no secret that college costs a lot of money. Make sure your investment in higher education is protected with GradGuard. Our affordable tuition insurance and renters insurance plans are specifically designed for college students. Customizable plans make it easy to protect your tuition, room and board, laptop, bike, and so much more.





Source link

Exit mobile version