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Your guide to green living in Montgomery County, MD |
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Your guide to green living in Montgomery County, MD |
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Your guide to green living in Montgomery County, MD |
This article was first published in the Visual Capitalist and written by Jeff Desjardins
Warren Buffett describes his first rules of investing as: “Rule #1: Never lose money. Rule #2: Don’t forget rule #1”.
But losing money doesn’t just happen in a stock portfolio – it’s also a common occurrence in other facets of life. That’s why Warren Buffett leads such a frugal lifestyle. He knows that every extra dollar spent on something he doesn’t need is wasted capital.
In practically every house in America, capital is being wasted on energy consumption. That’s because the average electricity spend per year is $1,368.36 per year, and 35% of the power used is actually wasted.
This is neither good for your bank account or the environment.
Today’s infographic from Connect4Climate shows the breakdown in the energy use of a typical home.
It highlights the average cost per year of different appliances, while also showing what uses the most energy over the course of the year.
Modern comfort comes at a price, and keeping all those air conditioners, refrigerators, chargers, and water heaters going makes household energy the third-largest use of energy in the United States.
One of the easiest ways to reduce wasted energy and money? Shut off “vampire electronics”, or devices that suck power even when they are turned off. These include digital cable or satellite DVRs, laptop computers, printers, DVD players, central heating furnaces, routers and modems, phones, gaming consoles, televisions, and microwaves.
Warren Buffett would probably agree that a penny saved is a penny earned – and being more efficient with your energy use is good for your pocketbook and the environment.
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Are baseboard heat bad for a electric bill
In general, electric baseboard heaters use more electricity than an electric heat pump. This means higher electric bills, especially in the coldest winter months when they’re working overtime to keep your home warm. But they are not bad. If you are looking to make a switch there is funding to do that: https://www.rewiringamerica.org/app/ira-calculator
In general, electric baseboard heaters use more electricity than an electric heat pump. This means higher electric bills, especially in the coldest winter months when they’re working overtime to keep your home warm. If you are looking to update your heating supply, there is funding available through the IRA: https://www.rewiringamerica.org/app/ira-calculator
how much electricity does a nuvo lite mark5 oxygen macine use per hour?
Hi there Ingrid – it really depends on how long you are using it and who your utility supplier is – I like to use things like this: https://www.rapidtables.com/calc/electric/energy-cost-calculator.html to help me determine. If it helps, it says that this items uses about 300 watts a day – so at current rates it would be about $0.036 per hour of usage. Hope that helps!