Kick Out the Cold this Winter Season with 100 Energy Saving Actions from Consumers Energy

Rhea-AI Summary

Consumers Energy has announced energy-saving strategies to help Michigan customers manage winter heating costs. The company highlights that home heating accounts for approximately 30% of customers' energy bills, with water heaters contributing nearly 15%. Installing a programmable smart thermostat can save up to 20% on heating costs, with customers typically saving 1-3% for each degree reduction.

Key recommendations include regular heating system maintenance, sealing drafts, utilizing ceiling fans effectively, and optimizing water heater settings to 120 degrees. The company also reminds customers that assistance is available through their 2-1-1 service for those needing help with energy bills. Consumers Energy serves 6.8 million residents across Michigan's Lower Peninsula counties.

Positive

• Company offers concrete solutions for customers to reduce energy costs
• Provides assistance programs for customers struggling with energy bills
• Large customer base of 6.8 million residents indicates stable market position

Negative

• Seasonal increase in customer bills expected during winter
• High dependency on heating costs (30% of energy bills)

News Market Reaction – CMS

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Customers can take control of home heating costs through these easy to implement strategies

JACKSON, Mich., Dec. 5, 2024 /PRNewswire/ -- Michigan's frigid winter weather is here and with colder temperatures comes an increase in energy consumption. Whatever your cozy is – inside by the fireplace, under a blanket, or with a hot cup of coffee, Consumers Energy is here to help keep you warm! While customers may see a seasonal increase in their bills this winter, Consumers Energy is prepared to assist customers in kicking out the cold by providing energy saving strategies and helpful resources for those who may need help paying for their higher heating costs.

"Simply making a few small meaningful changes can make a big difference for your wallet, without sacrificing your comfort," said Lauren Snyder, Consumers Energy's vice president of customer experience. "We want to be sure our customers stay safe and warm this winter."

Home heating costs account for about 30 percent of customers' energy bills, with water heaters alone accounting for almost 15 percent. By addressing these two key areas of consumption, customers can take control and maximize their cost savings.

One of the easiest ways to save is by installing a programmable smart thermostat now that the heating season is starting. Doing so could save as much as 20 percent on heating costs. Customers typically save 1 percent to 3 percent for every degree they dial down their thermostat. Plus, customers can save money by installing a programmable or wi-fi thermostat, often at reduced costs through ConsumersEnergyStore.com.

Consumers Energy offers these additional cost-saving tips:

• Have your heating system tuned up and inspected by a service professional and replace your furnace filter. If you furnace can breathe more easily it will use less energy.
• Make sure your attic, basement, garage, and exterior doors are closed to prevent cold drafts from getting in and heat from getting out. A gap of just one-eighth of an inch around your windows or doors is like having a softball size hole in them, allowing cold air in and making your furnace work harder to accommodate for that extra cold air.
• Turn on your ceiling fan. Ceiling fans set at a slow speed can push warm air away that rises to the ceiling and move it around the room without creating a chilling breeze.
• When it comes to savings on heating your water, take a shower instead of a bath which uses less hot water.
• Set your water heater temperature at 120 degrees. By lowering the temperature, you can cut water heating bills without sacrificing comfort.
• Save even more by setting your water heater to "on vacation" (if your unit has this feature) when you're away from home more than two days.

To see all the 100 Ways to Save, customers can visit consumersenergy.com/saveenergy.

Snyder also reminded people that help is available for anyone who needs assistance with their energy bill. People can call 2-1-1, a free resource that connects people with nonprofit organizations or visit consumersenergy.com/assistance. 

Consumers Energy is Michigan's largest energy provider, providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties. We are committed to delivering reliable, clean, and affordable energy to our customers 24/7. 

For more information about Consumers Energy, go to ConsumersEnergy.com.

Check out Consumers Energy on Social Media

Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy  
Instagram: https://www.instagram.com/consumersenergy 

FAQ

How much can installing a smart thermostat save on Consumers Energy heating costs?

Installing a programmable smart thermostat can save up to 20% on heating costs, with customers typically saving 1-3% for each degree they lower their thermostat.

What percentage of Consumers Energy bills come from home heating?

Home heating costs account for approximately 30% of customers' energy bills, with water heaters alone accounting for almost 15%.

What temperature should Consumers Energy customers set their water heater to save money?

Consumers Energy recommends setting water heater temperature at 120 degrees to cut water heating bills without sacrificing comfort.

How many Michigan residents does Consumers Energy serve?

Consumers Energy serves 6.8 million of Michigan's 10 million residents across all 68 Lower Peninsula counties.