This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Six Ways to Save Money and Stay Cool

Air conditioning, along with heating, is among the most expensive uses of energy in your home.

With the hot summer months upon us, here are some simple steps to take to reduce your cooling costs and save a bit of money:

1. Check Your Cooling System

Get your cooling system checked if it hasn't been serviced in awhile. While it will cost money to have someone come out and check your system, it will ensure that your system is running properly and efficiently so you aren't wasting money the entire summer.

It will also greatly decrease the likelihood of having problems in the middle of the summer, when repairmen are busiest and charging the most. Take the time to ask how often you need to replace the filter (usually every month) and have them teach you how to replace it so you can do it yourself.

2. Have an Energy Audit

Do you know which parts of your house are costing you the most to cool or heat? Having an energy audit done will help you determine where air is escaping, causing your system to work overtime.

Many energy companies will come out free of charge or for a small fee and do an audit of your entire house. Call your local utility company or visit its Web site to see whether it offers this service.

If your local utility doesn't offer an energy audit, you can do it yourself over the Internet with Home Energy Saver , which will give you information and comparable energy-use statistics for homes in your area. If your costs are significantly higher than other homes, hiring someone to come out for an energy audit -- even at full cost -- probably makes sense.

If done by your utility company or a professional, an energy audit will provide you with information on the steps that you can take to plug the leaks and a cost analysis of how long it will take for the fixes to pay for themselves.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $130.42 1.26%
FB $80.41 1.07%
GOOG $555.48 2.13%
TSLA $207.19 1.68%
YHOO $44.45 0.04%

Markets

DOW 18,214.42 -10.15 -0.06%
S&P 500 2,110.74 -3.12 -0.15%
NASDAQ 4,987.89 +20.7530 0.42%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs