Phantom Electricity

The Phantom is near. Near to your electric bill, that is. Do you realize that TVs, chargers, DVD players, and other appliances can drive up your electric bill 5-8% when they are plugged in but not operating? This occurrence is known as phantom electricity costs. Essentially, you are paying for electricity that you are not using and that is of no value to you. Why should your budget pay money for something you do not use?  To avoid phantom electricity costs, you can manually unplug those items when not in use, or you can replace them with smart power strips that automatically cut the electricity to them when they are not in use. These power strips cost approximately $30, but they increase your savings by fighting phantom electricity costs for you. You may also want to consider replacing your laptop charger. Not all chargers are created equal. There are now laptop chargers on the market that use 50-75% less than the original charger. Invest time in learning how you can reduce your electric bill.

 

You have a choice, and the choice is yours.

Bryan Cooper

Financial Life Coach

Visit us at http://www.MyFinancialLifeCoach.net

Keywords: Budget, Budgeting, Change, Debt, Economics, Economy, Finances, Financial, Life, Money, Miscellaneous, Priorities, Saving, Saving Money, Spending, Stress, Uncategorized

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2 Comments

Filed under Budget, Change, Economy, Finance, Financial, Life, Miscellaneous, Money, Priorities, Saving Money, Stress, Uncategorized

2 responses to “Phantom Electricity

  1. We’re unplugging everything! Great advice!!

  2. Pingback: Sara’s Journey Through Balance Up – Days 9-10 | My Financial Life Coach, LLC

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