One electrician has claimed that a small device installed in a home can cut energy use by 70 percent.
With record-breaking temperatures everyday, people turn up their air conditioners, causing utility bills to skyrocket.
Lee Marino, the owner of Safewire Energy, explained in a news segment with Fox subsidiary AZAM that there is a device that can save owners between eight and 25 percent on energy bills.
It is a so-called KVAR capacitor that stores and regulates electricity.
When installed, it helps anything with an electric motor run more efficiently and use less electricity.
These include, for example, motors on a refrigerator, air conditioners or fans.
In a demonstration, Lee showed that a refrigerator without the KVAR unit drew 5.32 amps of electricity.
As soon as the KVAR was activated, this dropped to 1.62 – a 70 percent drop.
Several customers reported their experiences with the machine and all had lower energy costs after installation.
One pair saved $28 in the first month of installation.
Another customer used 30 percent less electricity in July than in the same month last year.
The only thing that might put homeowners off is the $550 install price.
A FREE FIX
If you don’t want to spend that much, there are things you can do for free to lower your utility bills.
One of the easiest ways to stay cool and reduce air conditioning and fan consumption is to keep blinds and curtains closed during the day.
According to studies by the US Department of Energy, medium-sized curtains with a white plastic backing can reduce the amount of heat entering a room by 33 percent.
It’s also a good idea to rotate the windows you have open during the day as the sun moves across the sky.
For example, if your house faces east, you may want to leave the blinds on the front closed in the morning when the sun comes up.
Another tip is aimed specifically at renters and can cut utility bills by $1,710.
Also, check out the laundry tip that can save you hundreds of dollars a year.