Can A Utility Company Save You Money? 4 Ways Energy Companies Are Helping Consumers Save

Tired of receiving high energy bills in the mail? Who isn’t? Energy is one of those things you really can’t live without, so footing the bill is necessary. If you’ve tried conventional ways to save money on your energy bill with no such luck, don’t give up. You might be surprised by this announcement but the best source to reach out to when you’re having trouble with your energy bill is – your energy service provider. Believe it or not, modern day energy companies are doing what they can to help consumers save even more.

Can A Utility Company Save You Money? 4 Ways Energy Companies Are Helping Consumers Save

Here are four options that may be available to you:

  1. Free Weatherizing Programs

Do you have an older home that seems to let the hot and cool air right out of the home? Over time cracks and holes in the house can develop allowing for cold and hot air to leave the home. Ultimately, your home’s heating and cooling system will work ten times harder to properly heat or cool the home causing energy consumptions to go through the roof. Weatherizing is one way in which you can prevent this from happening.

Weatherization is essentially the act of making your home capable of enduring extreme weather conditions. While some homeowners are aware of how to complete this on their own, there are some that either don’t know how or do not weatherize properly. As a way to help paying customers, more energy companies are offering free weatherization services. It can include basic weatherizing strategies such as inspecting for holes and cracks and covering them with plastic or caulk.

  1. Appliance Repair Services

Appliances such as your refrigerator, stove, washer, or dryer can cost a great deal of money. While it is a good investment to make, should something go wrong with your appliances, you’re left on the hook to pay for the repairs and maintenance. Depending on the types of appliances you have and the severity of the damage this could set you back hundreds if not thousands of dollars.

Energy companies such as PSEG understand the importance of having efficient appliances. As a way to help customers save on such maintenance and repairs, many companies now offer maintenance and repair services for a small monthly fee. By paying an extra dollar amount on your energy bill each month, should something go wrong with your appliances, a qualified contractor will come out to service it at no additional costs to you.

  1. Financing Options for Energy Efficient Services

Sometimes when you’re looking to save money in the long run you have to be willing to spend a little. Whether it’s something throughout your home or something large like upgrading your electrical wiring or installing solar panels – this is sometimes the case for saving on your energy bill. If you’re not financially capable of paying for the cost of efficiency upfront, you’ll need to borrow the funds.

Before taking out a personal loan you may want to try talking with your energy provider. Many companies now offer the option for consumers to finance an expensive upgrade to their home. For instance, if you’re interested in installing solar panels, you may be able to apply through your energy company for a loan to have them installed. Ideally, once they’re installed you will save money long after you’ve paid off the loan.

  1. Select Your Energy Rates

Last on the list is the power that consumers have to choose their own electricity provider thus opting for more affordable rates. Residents living in the US can essentially search for various electricity providers in the area to see what the best rates are. This power to choose doesn’t only apply to the US, as there are also options for residents in Canada to look to, for qualifying companies with competitive Alberta electricity rates. Now that you have the power to choose, you can select a company that offers better rates for the same quality and service.

As you can see, sometimes the answer to your money saving problems can be found by reaching out to your current service provider. As businesses such as utility companies are looking for ways to keep their customers satisfied, helping them save money is the operative choice. If you’ve received a higher than normal energy bill or simply want to find a way to cut back, before you start searching the internet, contact your energy service provider to see what they can do to save you money.