If you are looking to buy your first home, or have just become a first time homeowner, then you must be very excited. You have just embarked on a homeownership journey that will have a major sway in your day to life and financial health for the future. But there are also some regular old costs and responsibilities that come with homeownership; and among the biggest of these is utilities. If you are new to homeownership you may not know every utility that falls under your umbrella now. So here is a brief list of a few of the major utility costs that homeowners are responsible for

Water

If you want water to keep flowing through the pipes in your home then you better be ready to pay for it. Water is one of the biggest utility costs for homeowners, as you use water every single day. Showering, washing your hands, flushing your toilet, washing your dishes, and doing laundry all use water, and it all costs something. There are a few ways that you can help to reduce your water costs though. Consider investing in a low flow shower head or water friendly toilet. These are some of the biggest users of water in your home, and using options that use less water without impacting effectiveness are great ways to save. 

Electric

The power that charges your phones, turns on your lights, and keeps your electronics humming along is another expense that you are going to have to pay as a homeowner. Electricity is usually the most costly utility for homeowners, and for good reason – we do a lot with electricity. But there are plenty of creative and smart ways to help save power in your home. One of the best ways to save on your electricity bills is to install solar panels. By installing solar panels, you can reduce your electricity costs through net metering. You can also cut electric costs with simple measures like turning off your lights and appliances when they’re not needed. 

Gas

If you are a homeowner that has never owned gas appliances like a stove or gas operated heater, then you may not be familiar with the costs of a gas bill. Your gas lines help to operate your water heater, gas stove, and heaters in your home with gas operated appliances. Gas costs can add up quickly, so make sure to keep an eye on your gas use. Turn off your heaters and close their gas lines during the warm months when you don’t need them. And make sure to always turn off your stove burners when not in use. 

There are a lot of joys that come with homeownership. Unfortunately, utility bills are not one of them. But there are plenty of ways to stay on top of the many utility bills you will be faced with when owning a home. If you can keep track of and reduce your electric, water, and gas bills you will be in a great position.

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