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French drains and yard grading systems are two highly effective ways to fix standing water around the foundation. Since the French drain uses a perforated pipe covered by gravel, you won’t have to worry about water taking the soil away from your foundation. Meanwhile, yard grading levels out the ground to prevent water from gathering around your foundation.

The difference between an ejector pump and a sump pump lies in their purpose and design—an ejector pump functions to remove liquid gray water and soft solid sewage waste from your home. If you have a laundry room or bathroom in your basement, an ejector pump for your sewage tank prevents sewage from backing up in your washing machine or bathroom’s drains.

A sump pump is designed to remove excess groundwater that may enter your home, either due to flooding or periods of heavy rain.

A small sump pump running infrequently uses an average of 10 kilowatt-hours (kWh) of electricity per month. The average cost for electricity is $0.171 per kWh. The size and use frequency affect how much electricity it uses. Sump pumps average one-third to one horsepower (hp) motors. One hp is equal to 745.7 watts. Watts multiplied by the time your pump is running divided by 1,000 equals your average kWh. Multiply kWh by your average cost of electricity. In areas with high rain or a marsh basin, the average cost can be as high as $15-$25 a month.

The best basement waterproofing method depends on the specific issue causing the water intrusion. For minor problems, simple solutions like installing a properly functioning gutter system to direct runoff away and grading the soil to slope away from your foundation can be effective.

If you have more significant water problems, the solution will need to be more robust:

• For standing water on the basement floor, a floor drain or a sump pump system may be the best solution.

• For water pooling around the foundation, installing an exterior French drain can intercept water before it reaches the basement walls.

Other effective waterproofing methods, which can be used depending on your home's specific needs, climate, and soil type, include sealing the interior walls, landscape alteration, installing interior drainage systems, and using a dehumidification system to control moisture levels.