HVAC Facts You Should Know to Save Money on Energy Bills

HVAC Facts You Should Know to Save Money on Energy Bills

As a homeowner, you know that heating and cooling your home can be expensive, especially if you’re not aware of how to optimize your HVAC system’s energy efficiency. Here are some HVAC facts that can help you save money on your energy bills:

What is HVAC?

HVAC stands for Heating, Ventilation, and Air Conditioning. These systems regulate temperature, humidity, and air quality to keep indoor spaces comfortable and healthy.

HVAC and Energy Costs

According to Research, HVAC systems account for over 50% of home energy costs, with hot water heaters and refrigerators making up most of the rest. That means nearly 75% of your home’s energy usage is related to just three appliances. Therefore, it’s crucial to maintain and optimize your HVAC equipment to reduce your energy consumption and bills.

HVAC Facts You Should Know to Save Money on Energy Bills

Thermostat Settings

Most homeowners set their thermostats between 68°F to 72°F, but it’s essential to adjust your thermostat’s temperature to match your needs, the weather, and your energy-saving goals. Using a programmable thermostat can help you save up to 8% on your annual energy bills.

Electricity Usage and Awareness

Many homeowners are unaware of how much electricity they use or how much they pay for it each month. Being aware of your energy consumption and bills is the first step towards reducing your energy usage and saving money.

Tips to Save You Money

Regular maintenance of your HVAC equipment can significantly improve its energy efficiency and lifespan. Here are some tips to consider:

  • Replace your furnace filter every two months to increase its efficiency by up to 50%.
  • Schedule an annual maintenance check for your furnace and air conditioner to save up to 30% of fan energy and up to 10% of space conditioning energy use.
  • Consider upgrading to a tankless water heater to reduce gas consumption for heating domestic hot water by up to 35% per year.

Conclusion

In summary, understanding how your HVAC system works, its energy usage, and how to optimize its efficiency can significantly reduce your energy bills. Contact a reputable HVAC company to schedule a maintenance check and learn more about other energy-saving solutions for your home.

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