How Much Is the Average Electric Bill, and What Can I Afford?

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How much is the average electric bill?
How can I budget for my electric bill?
- $1,250 for utilities (including electricity), internet, rent, groceries and other needs.
- $750 for new clothes and dinner with friends.
- $500 toward savings and paying off your credit card.
How to lower your electric bill
- Use appliances and devices efficiently: Minimize energy consumption by maximizing your appliance and device usage. Consider running your dishwasher only when it’s filled up and starting your washing machine only when you have a full load, using cold, rather than hot or warm, water. Also, try consolidating dryer loads to a shorter timespan to prevent the dryer from cooling down in between.
- Invest in smart power strips: Certain electronics continue to consume energy even after they're powered off. Some experts say these electronics account for 5%-10% of household energy consumption. A smart power strip shuts down the power to products that aren't in use.
- Ask for an energy audit or home performance assessment: Have a local expert come to your home and provide recommendations on how to significantly reduce your energy bill, become energy efficient, identify issues with comfort, review your bills, and assess the safety of your home. Check Energy Star, a government-backed symbol for energy efficiency, and utility companies to find someone.
