-
Learning Centre
save
Understanding Your Electricity Bill
The data and information found on your electricity bill may not be so easy to comprehend, but we’re here to help you decipher this bill so that you know exactly what you’re paying for.
Paying your bills is never an enjoyable experience, especially when you become lost in all the information found on those dreadful pages. Although your electricity bill may look intimidating and complicated at first glance, we can help explain and simplify this information to ease your anxiety. It’s important to understand the information on your bills so that you know exactly what you’re paying for and why you’re paying for it.
Reduce your Carbon Footprint with LED Lights
Our actions have an impact on the environment whether we like it or not, but doing a good deed for the planet can be as easy as switching to LED lights in your home.
We all know that as human beings, the choices we make have a huge impact on the future of our planet and the future generations that will inhabit it. For this reason, we should all have a level of responsibility for our personal impact on the world. Technological advancements have given us the option to choose environmentally friendly products that reduce our carbon footprint. A small but impactful change that you can make in your home to help the environment is to switch to LED lights.
What is my Monthly Energy Usage?
Calculating your home’s monthly energy usage is easy, all you need is some information about your electronic devices and a bit of basic mathematics.
All of the electronic devices in your home, no matter how big or small, add up and amount to the dollar value you find on your monthly utility bill. You might be interested in knowing how you get to that number. Being aware of what the main contributors to your utility bill are is a great step in cutting down on your energy usage. Luckily, calculating this is quite simple. Using the steps listed below you’ll know your monthly energy usage for each device.
Did you know proper sealing saves energy?
Caulking and Sealing Saves Energy – weatherstripping and caulking helps to keep heat and air conditioned air where it should be – in your home!
Constantly heating and cooling your home will not do much if your home has air leaking right out of it due to gaps between framing and door frames and other gaps in the house. Proper sealing saves energy because it is used to seal those gaps around moving and still parts in your home such as windows, doors, plumbing and more. Expanding foam caulk can fill gaps between doors and frames and non expending insulating foam can be used on things like baseboard, ceiling and tiles.
Energy savings Tips
Here is a simple list of energy savings tips that could trim your energy use.
- Install Dimmer Switches in your home– this helps you to use as much light as needed.
- LED Lighting – switch most widely used bulbs in your home to LED. Replace the rest as they burn out. LED bulbs use about 90 % less energy than regular bulbs.
- Wash Laundry in Cold water – For additional energy savings in your home wash laundry in cold water. About 90 % of energy usage in washing machines goes to heating water.
- Full Load Laundry and Dishwasher – You can maximize energy savings by only doing full load laundry and dishwashing. Laundry and dishwasher machines use lot electricity.
Time-of-use (TOU) Prices
The majority of Ontario electricity users pay time-of-use prices. If you’ve signed an electricity contract with a company, these prices will not affect you. There are three time-of-use price periods:
-
Off-peak, when demand for electricity is lowest. Ontario households use the majority of their electricity – nearly two thirds of it – during off-peak hours.
-
Mid-peak, when demand for electricity is moderate. These periods are during the daytime, but not the busiest times of day.
-
On-peak, when demand is highest. The busiest times of day. Generally when people are cooking, firing up their computers and running heaters or air conditioners.
The chart above below shows the price you pay today for electricity at different times of the day.
Vampire Electronics, what are they and how to deal with them?
You may not realize it but even when our appliances and devices are powered off but still plugged in, they are using power. This is known as “vampire electronics”.
And this can have significant impact on a consumer’s wallet. Vampire electronics can add more than $100 per year to your electricity bills.
Fixed Price Energy
Canada Locations
Albertasoon
British Columbiasoon
Manitobasoon
Ontario
Quebecsoon
Saskatchewansoon
US Locationssoon
Speak to an energy specialist today!
As Discussed In
