A sharp spike in the cost of living was one of the biggest stories of 2022, and energy prices were a major driver. According to the U.S. Bureau of Labor Statistics, energy costs jumped 41.6% in the 12-month period ending in June 2022—the largest increase since 1980.
While much of that surge was tied to motor fuel, residential utilities weren’t spared. Electricity prices rose nearly 14%, and natural gas spiked 38%. Both outpaced the well-publicized 10% rise in food prices.
For many households, there's no avoiding gas pumps or the grocery store. But when it comes to trimming utility bills, a few simple adjustments at home can lead to noticeable savings.
Shift Appliances Use to Off-Peak Hours
Running appliances like dishwashers and laundry machines during off-peak times can reduce energy costs. In many regions, including those served by La Plata Electric Association, off-peak hours are typically mid-morning to late afternoon and overnight. Power companies often charge less during these windows.
Let Your Windows Work For You
ConEd estimates about 40% of unwanted heat in homes comes through windows. Use blinds and curtains to your advantage—keep them closed during hot summer days to reduce cooling needs, and open them during sunny winter hours to naturally warm your home.
Rethink How You Organize Your Fridge
Overpacking your fridge blocks air circulation, forcing the unit to work harder. Keep it loosely packed to allow cool air to move freely. Conversely, tightly packed freezers help maintain cold temperatures more efficiently.
Flip the Switch
Lighting accounts for roughly 10% of a home’s electricity use, according to the U.S. Energy Information Administration. Turning off lights in unused rooms and relying more on natural daylight can help shave down that number.
Rising Rates Aren't Just About Electricity
The cost of heating, cooling and water use continues to climb across the country. Natural gas prices were up 24% year-over-year in February, even during off-peak months. Electricity rates rose in every state in 2022, from a modest 1.7% in Alaska to a staggering 46.1% in Maine, according to Choose Energy. Water and sewer bills, too, have outpaced inflation for eight straight years in many cities.
The Bottom Line
From climate events to global conflicts, many factors behind rising utility costs are out of our hands. But how we use energy at home is something we can control. Smart changes—like running appliances during off-peak hours, turning off unused lights and installing water-saving devices—can lead to real savings over time. With a few mindful habits, you can reduce your bill without sacrificing comfort.
