Saving Money by Cutting Down Your Electricity Cost- Owl CM130 Energy Monitor

For most of us, we have accepted that utility costs are on the increase, particularly electricity. One-half of American households will spend 20 percent of their after-tax income on energy costs this year, according to a study released today Wholesale Air Swimmers by the American Coalition for Clean Coal Electricity. The average household electric bill has increased from $938 in 2001 to a projected $1,368 in 2011, representing 17% of the $2,562 average household energy cost increase since 2001.According to Moneysupermarket a quarter of UK consumers are struggling to stay afloat due to the high cost of living with one in five admitted in the survey that bills such as heating were placing the biggest strain on their household finances.What can we do to reduce our electricity costs?Get an accurate Regular BillMost electricity suppliers provide quarterly bills in arrears, which is not helpful in managing your consumption of electricity. It is more beneficial to have monthly bills, especially during the winter, as you don't have a big remote controlled air swimmers surprise that over reaches your budget. Also make use of the opportunity to read your meter readings & notify the power company as soon as possible. This keeps an accurate record ensuring that your bills are accurate Companies like Telecom plus (Utility Warehouse) provide both of these.If you don't have the ability to go monthly, and then make sure that you have monthly direct debits set up, so you spread your payments over the 12month period.Stop using Standby for Electrical equipmentEquipment manufacturers for TVs, sound systems and other electrical items have made us very lazy by adding the standby button. But when you switch over your TV to standby when you go to bed, your TV will continue to use more less the same electricity!So make a habit of switching the power off. RC Air Swimmers Or if you want to continue to be lazy, buy a remote control mains wireless plug socket set. This allows you at one press of a button to switch of the TV & sound system.Measure & Identify the Energy ConsumptionMost of us have little idea as to which electrical items consume the most electricity. If we knew we would be surprised. So why not invest in something that can measure your power consumption of various equipment, enabling you to take action.Purchasing an energy monitor enables you to check on your electricity consumption and some can even calculate the cost per hour.Electricity monitors (same as energy monitors) are wireless and are simple to install and start for around ?20. If you want something that delivers more information, you can pay up to?45-50.However, it is likely that the investment in an cheap energy monitor is likely to be recovered fairly quickly, once you have identified high usage items, such as high wattage spotlights.There UK consumer magazine WHICH completed tests on energy monitors so having reviewed it, I purchased a basic wireless energy monitor the OWL MICRO CM 130 was a good thing to start with, and the price around ?22 seemed reasonable. As a result I have made savings over ?120 per year which is fantastic.So if you are looking to reduce your electricity bills in the future, you first of all need to find out what uses the most power, so you have a choice to take some form of action. With the likelihood of utility prices continuing to go up, it will be worth putting yourself in control by purchasing a suitable energy monitor as this has to pay off in the long run. I reduced my electricity usage costs by over 25%! Now that should continue over the next few years, giving me some substantial savings.