Media / Blog

4 Tips to Save Money on Your Electric Bill This Season

Prev

Gifting Doesn’t Have to Be A Tax Headache

December 18, 2022

Tis' the season for high electric bills. With the holiday season upon us, many decide to light up their homes to deepen their festive spirit, without thinking about what it could do to your monthly electric bill. But, with holiday cheer and décor come an increase in energy usage, including phantom loads, or wasted energy.

If Christmas enthusiasts light their decorations from 5pm to 11pm each day from Dec. 1 through Dec. 31, here's how much your bill could jump per month, according to a Southern California Edison spokesperson:

  • Average decorations with LED lights: $5 to $7 increase
  • Average decorations with incandescent lights: $33 increase
  • Elaborate decorations using LED lights: $47 increase
  • Elaborate decorations using incandescent lights: $350 increase

So, what can you do to make sure your energy bill doesn't rise exponentially

1. Use Smart Plugs

Smart plugs are a great way to save on energy costs. By using them, you can assure that your light display is not constantly running. You may not want your lights to be on during the morning hours when it would be tough to see them or turned off before you head to bed. One great feature of smart plugs is that they can be set to a schedule so that you don't have to worry about wasted energy.

2. Opt for Solid Lights

Did you know that using lights that are constantly twinkling or color changing uses more power? By choosing solid lights, or setting them to just twinkle occasionally, this will help keep your electric bill from skyrocketing during the holiday season.

3. Use LED Lights Instead

LED lights tend to be more expensive, however they are a better cost option. LED lights use about 70% less electricity than incandescent lights and have a stronger durability of lasting up to 40 times longer. These also are not hot to the touch, so gone are the days of constantly burning your fingers with older lights.

4. Consider Non-lighted Decor

If you want to give your exterior an extra jolt of holiday spirit but don't want to see your electric bill increase, you could consider using other items to decorate. Wreaths, ribbons, or ornaments can give your home the festive feel without causing you to increase your monthly bill.


If you would like to receive more information on making smart money moves for your future, be sure to contact us today!

Next

Which Renovations Will Add The Most Value To Your Home? 4 Options To Consider

About the author

Guest Author

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

Investor Disclosures: https://bit.ly/KF-Disclosures

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor with regard to your individual situation.

Sign Up

Sign up for our exclusive Sunday Paper with a weekly market commentary, insightful personal finance blogs, and life changing education guides.

Email sign up

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice. https://Bit.ly/KF-Disclosures

This site is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of Kestra AS may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact Kestra IS Compliance Department at 844-553-7872.

PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. Kestra IS and Kestra AS makes no representation as to the completeness or accuracy of information provided at these web sites. Nor is Kestra IS and Kestra AS liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, web sites, information and programs made available through this web site. When you access one of these web sites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.