With a downturn in the economy, it's getting harder for the average person to pay the bills. "For many families, the power bill now rivals the rent check for stress," Owen Quinlan, head of data at Arbor, an app for saving money on your electricity bill, told Move. "One-third of Americans have already trimmed grocery budgets or skipped entertainment to cover cooling costs during heat waves."
A national survey by Arbor found that seventy-one percent of respondents don't trust the accuracy of their bills, nearly seventy percent confessed they cannot decode the fees, and rate factors, and forty-one percent said they're losing sleep over rising costs.
Millennials are feeling the pressure the most—over half say they deal with moderate to high stress every time a new bill drops. Even a $20 to $50 surprise increase (which is exactly what many households might see this year) can throw off a tight monthly budget. It's no wonder electricity is now the second-biggest financial headache after housing.
Luckily, there are quite a few things you can do to help lower your energy bill and save a little coin in 2025. Here are 15 tips to get you on your way.