4 Reasons Why This Month’s Utility Bill May Shock You
If you are anything like me, you don’t run to the mailbox every month to open your utility bill but it’s a necessary evil. However, this month there was a pleasant surprise awaiting me…a higher than normal utility bill! Now the rational person may say the winter in Maryland has been relatively mild (other than the Snowstorm Jonas), gasoline prices are below $2.00 a gallon, so why is my utility bill so high?
Here are the 4 reasons why your most recent bill is more than normal…
- You Used More Electricity (kWh) Per my most recent BGE bill the average temperature in January 2016 was 47 degrees vs. 35 degrees in February 2016 and it only makes sense that you will use more electricity to heat your home in colder weather.
- You Used More Natural Gas (therms) See #1 if you use natural gas to warm your home you would have use more therms during your most recent billing cycle to heat your home. While natural gas rates are at 10-year lows if you use more you pay more.
- You’re Heating a Home When No One’s Home Is your home a toasty 74 degrees during the week between 8 a.m. – 5 p.m. when no one is home? Why not invest into a programmable thermostat that allows you to adjust your home’s temperature when no one is home. Honeywell makes a slew of programmable thermostat including the Lyric in addition Google’s Nest thermostat are good options.
- You Have Not Shopped for a Lower Rate Supplier Are you still paying Standard Offer Service (SOS) rates by your utility? Maybe you should shop for a lower rate supplier. Energy shopping sites like PointClickSwitch.com allows you to compare rates to identify the best rate for your home.
Your utility bill is a collection of calculations based on the amount of electricity and/or natural gas you use. So managing the amount you use and paying lower rates are extremely important to reducing your monthly bill.