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Smart metering programs vary among utility companies, but the basic idea is the same: The utility installs a special “smart” meter that tracks how much electricity you’re using. The utility uses that data to make sure its power grid doesn’t get overloaded and cause blackouts. If the grid nears capacity, the utility can shut off major appliances in homes for short periods of time (such as 15 minutes per hour). Not all companies offer smart metering, but some do and many others are considering it.
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To save money, do a nightly sweep through the house to make sure all your electric devices are turned off before you go to bed. It may be a pain, but the savings from simply turning everything off can add up quickly. For example, just leaving your cable box plugged in and not on for a year would cost you $17.83, according to the Department of Energy. Try turning off your cable box (and other devices) between uses and watch the savings climb.
ElectricityPlans.com fully vets their plans to ensure that there are no teaser rates, no hidden fees, and no surprises. We present all of the information you need to make a good decision about your electricity plan in an easy-to-understand format. You simply need to click on the Plan Details and Pricing for any electricity plans you want to compare and we’ll show you exactly how the average price per kWh is calculated.

You may be asking yourself: What the heck does “fixed rate electricity” mean and why should I even think about getting it? By choosing a fixed rate electricity plan, you’ll get more price consistency month-to-month and probably even save a little cash over time because your electricity rate stays the same for the duration of your utility contract.1
If you want to keep the cost of electricity even lower, consider investing in your house itself. Many energy companies offer free energy audits, in which an employee will inspect your house and make recommendations. These recommendations commonly include installing fresh weatherstripping around doors and windows and adding insulation. Although you may pay out a sizable chunk of cash retrofitting your home, it will show in a lower electric bill. In some cases, an energy company may even help you pay for energy efficiency measures; other improvements may qualify for a tax credit.
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You can also use the unit's I-Feel remote control for straightforward AC operation. This remote is quite nifty in and of itself, as it boasts an I-Feel temperature sensor. The sensor keeps tabs on the temperature in its vicinity, and sends this information back to your AC unit (which ostensibly, is a bit further away), automatically telling it to either crank it up a notch or perhaps turn it down. I found this feature to be particularly useful, as the Hi-Smart effectively intuitively adjusted itself without my having to interfere — again, allowing me live my peak lazy lifestyle.
Spend time outdoors. Spending a lot of time indoors will naturally lead to higher energy costs because you will be using lights, electronics, and air conditioning. Spending more time outdoors means you can turn off indoor electronics, and in the process, you will have fun going to the beach, the park, the movies, and so on. Turn off all electronics before leaving the house.
The mid to late 1880s saw the introduction of alternating current (AC) systems in Europe and the U.S. AC power had an advantage in that transformers, installed at power stations, could be used to raise the voltage from the generators, and transformers at local substations could reduce voltage to supply loads. Increasing the voltage reduced the current in the transmission and distribution lines and hence the size of conductors and distribution losses. This made it more economical to distribute power over long distances. Generators (such as hydroelectric sites) could be located far from the loads. AC and DC competed for a while, during a period called the War of Currents. The DC system was able to claim slightly greater safety, but this difference was not great enough to overwhelm the enormous technical and economic advantages of alternating current which eventually won out.[1]
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The takeaway here is simple. As is the case in Washington and Iceland, if a state or country has an abundance of natural resources, it should take advantage of them to drive down the price of a kWh to attract businesses. Diversification is especially essential where possible. Without businesses and industries paying to draw power from the electrical grid, the local economy stagnates.
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If you only use an electric water heater at certain times of the day, you’re wasting electricity keeping the water hot 24/7. To solve that problem, install an electronic timer switch (Photo 1; sold at home centers). Timers are available for 120- and 240-volt heaters. They can be programmed for daily or weekly schedules so you only heat the water when you need it. A timer can save you $25 per year.

Amen Jane! There was a great NPR interview with an energy conservationist in KS who talked about how much energy and money we could save in the summer if we all turned up the air a few notches — especially businesses. He advised we use as much energy in the U.S. just on A/C as the entire continent of Africa uses in a year for all energy needs. Shocking.
If you’re looking for a new electricity deal, you’re not alone: 319,000 electricity customers switched energy supplier during January 2018, according to OFGEM*. Shopping around for the best electricity deal is simpler than you might think – but there are bound to be a few questions. Here’s everything you ever wanted to know about comparing electricity deals.

Lower your cost per kilowatt hour. In many states, you can choose a company, called an energy supplier, instead of your utility to supply your power. Just like how you can choose your own cell phone company. Your bills would still come from your utility since the utility owns the power lines to your house, but the actual cost for your power is under your control. There are comparison websites where you can see several options for lower electricity rates per kilowatt hour with multiple energy suppliers and sign up within minutes. Be sure to read the fine print as some contracts have hidden fees or have a rate spike after the end of the contract term. You can research on your utility's website and the internet to find reputable companies to choose from.
On the other hand, month-to-month variable rate (no-contract) plans don’t have cancellation fees. You won’t be penalized if you find a better deal elsewhere and want to make another switch.  And, you won’t be stuck paying more than you should be if the market rate for electricity trends down.  But, if it goes up, you’ll be paying more than your in-contract neighbors, and you’ll likely want to shop around again for a better deal.
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