MoneyDecisions101
Brings you information and methods to help improve your financial future.

Introduction
To start building wealth, most people simply need to change their mentality. 
MoneyDecisions101 will open your mind to help you focus on your financial future.
 

Less than 8% of electricity produced in the United States in 2008 is from hydroelectric power plants!

MoneyDecisions101 => How to Save Electricity

How to Save Electricity to Lower Your Power Bill

As population and standards of living increase around the world, energy demand will rise. At some point in the future, carbon/petroleum based energy will be need to be reduced, due to environmental consequnces. Electrical energy will be the only possible substitute. All of this will drive up the demand  for renewable electrical energy (solar, wind, hydro). 

Learn now, how to reduce your electrical needs and you will be one step ahead and better off in the future. Here are some simple ways to reduce your electricity usage:

1. Reduce AC or heater usage by adjusting your thermostat. 
Setting a thermostat back few degrees can save around 3% of electricity usage.

2. Replace regular incandescent light bulbs with CF light bulbs. 
CF bulbs use fewer watts than comparable incandecent bulbs of the same lumens. For example, a 16w CF bulb produces the same amount of light as a 60w incandecent bulb. That's a 44w savings. This can add up to measurable savings over a few years.
compact flourecent bulb

3. During the holidays, use LED Christmas lights, instead of the conventional type. LED lights use much less energy (LEDs are up to 90% more efficient than conventional), last longer (up to 20 years/100K hours), and are usually all-weather (indoor-outdoor). LEDs also run cool (helps prevent fires), making them safer than conventional lighting.

4. Plug consumer electronics such as TV's and video recorders into power strips.
 Most modern electrical devices consume power even when powered off. The power strip allows you to easily switch off those electronics when not in use (every night).

5. Insulate hot water pipes and electric hot water heater.

6. Wash clothes with cold water.
It takes a lot of energy to heat water. If your clothes are getting clean with cold water, why waste electricity heating the water?

7. Use the dish washer without the heated dry cycle.

8. Set your hot water heater to 120F.

9. Use a microwave oven in place of conventional oven when possible.

10. When conventional oven cooking is necessary, use a toaster oven for cooking small items.

11. User timers or X10 components to automatically turn lights or other devices off to limit electricity usage.
 

By following the above suggestions, you could easily cut your electricity usage by 10-20%. 
 
 
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If you cut your electricity usage by 20% and your average monthly bill is $100, you can save $240 per year!
 

Lowering your electricty usage not only reduces your bill, it reduces air and water pollution.
Why? Because 50% of electricity production in the U.S. in 2008 is from coal based power plants.
Coal based power plants pollute the air from burning (particulate matter pollutes the air) and water by dumping of coal sludge waste!

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