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Possible Reasons Your Electric Bill Is High and Tips to Reduce Costs

June 29, 2023

If you’re a Connecticut homeowner, you’ve likely noticed that your electric bill has been steadily rising over the past few years. This can be incredibly frustrating, especially if you’re not sure why. Although there are many possible factors that can contribute to a high electric bill in Connecticut, understanding the causes and taking actionable steps to reduce costs can help homeowners make a significant impact on their monthly energy expenses.

The cost of electricity in Connecticut is relatively high compared to other states in the US due to factors such as the increase in the price of natural gas, stagnant wages, and the need to upgrade infrastructure. According to the U.S. Energy Information Administration, Connecticut residential customers paid the sixth highest electricity prices in the nation in 2021, at an average of 18.32 cents per kilowatt-hour. The national average was 12.85 cents/kWh for the same period. As such, understanding the factors that are causing your electric bills to increase can help you better manage your energy expenses.

Why Is Your Electric Bill so High?

One of the main reasons Connecticut homeowners’ electric bills are high is the state’s reliance on natural gas to generate electricity. Nearly two-thirds of the electricity generated in the state comes from natural gas, which is a nonrenewable fossil fuel. As demand for natural gas increases, so do prices—making it more expensive to generate electricity. Additionally, the state’s energy infrastructure is aging, which means it’s less efficient and more costly to run.

gas stove

A major reason behind the rise in Connecticut homeowners’ electric bills is the increased reliance on natural gas as the main source to generate electricity.

Weather and house design can also have an impact on your electric bill. Connecticut is known for its cold winters, meaning that homeowners need to use heating systems more often. Additionally, the design of your home — such as the number of windows, walls, and roofs — can influence how much energy you use. If your home was built before the 1970s, it may not be as energy efficient as more modern homes.

Optimize Your Energy Consumption for Lower Electric Bills

The good news is there are several steps you can take to reduce your electric bills. One of the most effective ways to save money on energy costs is to invest in energy-efficient appliances and equipment. Although this may require a significant upfront investment, your long-term savings will be considerable. In addition, checking for insulation and air leaks in your home can help you reduce wasted energy. If you don’t know how or want a thorough evaluation, Valiant Energy Solutions offers home energy assessments to help homeowners understand their energy usage and find ways to save energy and money.

During a home energy assessment, a qualified technician inspects the home and makes recommendations on ways to improve energy efficiency. These assessments typically include examining insulation, air sealing, ventilation, heating and cooling systems, water heating systems, and lighting. The technician also offers advice on energy-efficient upgrades and rebate programs that may be available and provides an estimate of the potential energy savings. After the assessment is complete, the homeowner receives a detailed report with suggestions for improving energy efficiency and reducing energy costs. An energy assessment from Valiant Energy Solutions is an invaluable tool for homeowners who want to increase their awareness of inefficiencies in their home and identify solutions.

Installing solar panels and energy-efficient windows can also help reduce energy costs. Solar panels provide clean, renewable energy that can help offset your electricity costs while energy-efficient windows allow sunlight into the home and keep cold air out during the winter, reducing the need for heating. Additionally, making small changes such as unplugging devices when not in use and upgrading light bulbs to LED lights can make a big difference in your energy bills over time.

solar panels on house

Having solar panels and energy-efficient windows installed in your home can help reduce energy costs for your family.

Finally, consider taking advantage of energy-efficiency programs offered by your utility company. These programs can help equip your home with more energy-efficient equipment and home improvements at a fraction of the cost, in many cases at no cost to the homeowner.

In summary, Connecticut homeowners face some unique challenges when it comes to managing their electric bills. By understanding the factors contributing to your high electric bills and taking steps to reduce costs, you can make a significant impact on your energy expenses. Investing in energy-efficient appliances, insulation, and solar panels, as well as taking advantage of energy-efficiency programs, can all help reduce your energy costs.

Choose a provider that requires no introduction to energy efficiency. At Valiant Energy Solutions, our mission is to make sure you don’t pay a penny more than you need to on your electric bills. Contact our team for your home energy assessment today!