Considering how much of our life today is dependent on electricity, it is no surprise that it is a major expense on most homeowners budget. There are several things that you can do to lower the amount of money you spend on electricity every month, and we’re going to bring up just a few simple changes that can make a huge difference in your annual energy bills.

One major culprit in energy waste is light. Old fashioned incandescent light bulbs usually waste 95% of the energy used as heat. Switching all your bulbs out for LED or CFL bulbs will save you a lot. Energy smart appliances can also help you a lot. There is a huge difference between how much energy appliances used a few decades ago and today. While it is a large investment upfront, it will save you money in the long run.

Something simple like unplugging unused phone chargers can save you money as well, since they will draw energy even when not charging a phone.