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Window ACs use 500 to 1,400 watts per hour of electricity, while mini-splits use 500 to 700 watts per hour. However, if you need to cool multiple zones in your house, your mini-split can use as much as 2,000 watts per hour. How often you run your system will impact how much electricity you use (and how much you pay per month).

A standard three-prong electrical outlet typically lasts for about 15 years with normal use and should be replaced accordingly. GFCI outlets may have a longer lifespan of 15 to 25 years. While some outlets can last longer if used infrequently, they can also fail prematurely. Reasons for early failure include poor wiring, an overloaded circuit, improper grounding or installation, or loose plugs. Signs that an outlet is failing include flickering lights, overheating, a discolored or melted faceplate, plugs that fall out easily, or frequently tripping circuit breakers. It is essential to address faulty outlets promptly to avoid safety hazards, especially in homes older than 15 years.

Electric water heaters use a high amount of electricity, so they’re best for homeowners who subsidize their electric bill with solar or who live in an area with inexpensive electricity. For others, gas water heaters versus electric water heaters may be the more cost-effective solution, with the added bonus of heating water quickly and efficiently. No matter which you choose, you can lower your water temperature as low as possible to keep costs down.

Upgrading your electrical system can save you money on your monthly utility bills by powering your home more efficiently. Electrification nonprofit Rewiring America estimates that a household could save $1,800 per year on energy bills by upgrading to a modern electric heat pump, switching to a heat pump for their water, installing solar panels on the roof, and converting to an electric vehicle.