With prices increasing everyday, people are looking for ways to save money on household expenses. One of the best ways to save money is on your monthly electric bill. Read on to discover 5 steps to save money on electric bills.

1. Make sure that your meter is reading accurately. Give your electric company a call and ask them to send someone out to do an evaluation on your meter. You'd be surprised how many mistakes are made by inaccurate meters.

2. Have an annual checkup on your furnace and air conditioner to improve efficiency. The small amount you spend could save you hundreds of dollars over the course of one year.

3. Install a clean air filter on a regular basis and replace or clean it monthly. Dirty filters cause the equipment to work harder and use up to 5% more energy. Also, set your thermostat up more in the summer and lower in the winter. Each degree you go up or down can make a significant difference in your bill. Do this gradually over time and you'll be surprised what a difference it will make.

4. Replace old light bulbs with energy efficient ones. Yes, they do cost more at first, but the extra savings will pay off in the long run.

5. Keep furniture and draperies away from air vents inside the house. Air should be allowed to flow freely throughout the home. Make sure that nothing is blocking its path. Also, be sure to weatherstrip doors and windows to prevent expensive air leaks.

Avoid wastefulness by turning off any appliances or electronic not in use. Lights, televisions, and video game systems use more electricity than most people think. By making a few simple changes in your lifestyle, you can see significant savings on your next electric bill.

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