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What Financial Experts Say You Can Do to Avoid a High Electric Bill This Summer

SOUTHWEST MICHIGAN AND WESTERN SLOPE COMMUNITIES, JUL 06 – Indiana Michigan Power and Xcel Energy advise using ceiling fans and LED lighting to reduce electricity costs, noting lighting accounts for 15% of household energy use, U.S. Department of Energy s

  • Financial experts and utility providers offer various tips to help homeowners reduce high electric bills during summer heat waves as of this week.
  • The rising utility costs stem from record-breaking heat, higher electricity prices, and increased demand, with bills potentially increasing up to 6% from last summer.
  • Key advice includes using ceiling fans with air conditioning, unplugging devices to avoid phantom energy, improving insulation, sealing air leaks, and scheduling professional AC maintenance.
  • Experts highlight that increasing the thermostat by one degree can save up to 3% on bills, while closing blinds and using programmable thermostats optimize cooling efficiency.
  • These energy-saving habits can moderate rising costs and help customers manage spending, with resources like energy audits and assistance programs available for support.
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Using electricity economically is not only a long-term solution to help each family save monthly costs, but also avoids 'shock' when receiving electricity bills during hot months, at the same time students are on summer vacation.

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Using electricity economically helps each family save money and avoid shock when receiving electricity bills during hot months, at the same time students are on summer vacation.

With the arrival of summer, the intensive use of air conditioners and appliances triggers the electric bill, but there are measures that reduce up to 10%.

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eldiario.ec broke the news in on Sunday, July 6, 2025.
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