Unless you live on another planet (literally), you know that today, April 22, is Earth Day. You might also be aware that April is Financial Literacy Month. If the first observance doesn’t move you to change your energy-consumption lifestyle, maybe the second one will–unless you’ve got cash to burn during the current economic crisis.
The fact is, many of the habits that we practice in our every day lives not only waste energy and harm the environment, they also waste money–I’m talking thousands of dollars a year. I don’t know about you, but I could use a few extra thousand each year. Here are just some of the things you can do to get it:
Install a programmable thermostat. We just put one of these in at my house, and it works like a dream, automatically heating or cooling the house depending on the time of year, and whether the
house is likely to be empty or not, or whether we’re all in bed. Why run the heater or air-conditioner while you’re at work and the kids are at school? Why have the heat on over night while everyone is in bed? It’s far less expensive to break out the flannels and quilted comforters. You can easily save $300 a year or more; according to the U.S. Department of Energy, the average American family spends about $1,900 on home utility bills each year.Ease up on the hot water usage. Don’t use the dishwasher if it’s not full; wash dishes in the sink by hand. Only wash full loads of laundry. And instead of long baths, take short showers. Check the thermostat on your hot water heater; keep it under 120 degrees Fahrenheit. Estimated savings: at least $200 a year.
Let’s see: Changing just four habits equals close to $2,000 saved. Hey, if you make $40,000 a year, that’s a
5% raise! Go talk to your boss (if you still have a job) and see if they are planning to hook you up with a 5% bump in salary this year. And that’s just for starters: there are plenty of other environmentally friendly, cost-saving energy tips on the Internet. Start at the U.S. Department of Energy’s Energy Efficiency and Renewable Energy web site. Also check our BEing Green section at BlackEnterprise.com, where it’s Earth Day and Financial Literacy Month all year round.And will you please turn the lights off when you leave the room? (By the way, switch to energy efficient fluorescent bulbs to save even more money.) You heard what mom said: we don’t own the electric company!
Alfred A. Edmond Jr. is the editor-in-chief of BlackEnterprise.com