Save Green & Be Green

Next Door Chicago
insights for inspired money by Next Door®.

Save Green & Be Green

Save Green Be Green Cycle

Being conscious about using home utilities can save you money and up your eco-friendliness.

Everyone cares about something. Whether you donate time, money or other resources to causes you care about, one thing you can do starting today is to think in an eco-friendly direction when it comes to home utility use. Being mindful of how you use your home utilities by using resources with care helps to save money on your utility bills, and minimize your ecological footprint. Both great green saving goals.

Try these tactics to save some green, and be kinder to the environment:

  1. 1. Headed out for a weekend getaway? It can pay to turn off the heat or a/c before you skip town, and turning it off when you’re not using it is always a good idea from a resource conservation standpoint. Double-check your thermostat before you leave the house. Many digital thermostats allow you to pre-set the temperature for certain hours of the day or days of the week.

    • Try this: Most “smart thermostats,” allow you to control your thermostat on-the-go. Even though these products require an up-front investment, you may find that before long, the investment is worth it.

  2. 2. Most people would think twice before ordering a ride if it cost 3 times the usual fare. Think of surge pricing for your utilities the same way.

    • Try this: Only run your major appliances (like your dishwasher and your washer and dryer) during “non-peak hours” – pre-specified times typically associated with lower demand. Check with your utility company for the details, and watch your water bill evaporate into (almost) thin air.
  3. 3. Do your "home”work to know your savings opportunities.

    • Try this: If you own your residence, call your electric provider to see if they offer a free home energy assessment. According to energy.gov, “upgrading your home to save energy can put anywhere from 5 to 30 percent of your energy bill back in your pocket.” In some cases, you might qualify for free or reduced-cost energy-efficient upgrades, such as LED lights and programmable thermostats.

What now?

If you do some digging, you might find opportunities to save that you didn’t realize were possibilities, and ways to grow your environmentally conscious mindset. There are a number of ways that you can improve how efficient you are with the resources you use, and lower your home utility bills. Being environmentally and budget conscious are more than mindsets, they’re lifestyle decisions that take action to truly maximize the resources at hand.

What is Financial Friday?

Financial Friday is a series dedicated to financial education and actionable tips meant to inspire progress toward your financial well-being. Subscribe to Next Door® to get Financial Friday articles delivered to your inbox.

Subscribe to Next Door®

disclosure

State Farm® (including State Farm Mutual Automobile Insurance Company and its subsidiaries and affiliates) is not responsible for, and does not endorse or approve, either implicitly or explicitly, the content of any third party sites hyperlinked from this page. State Farm has no discretion to alter, update, or control the content on the hyperlinked, third party site. Access to third party sites is at the user's own risk, is being provided for informational purposes only and is not a solicitation to buy or sell any of the products which may be referenced on such third party sites.