Dropping Electricity Use

For a while we were pretty consistent with our electric bill.  We had a bump here or there, a jump in usage that we usually could not definitively explain, but we averaged 400 kilowatt hours per month.   Before we moved to this house two and a half years ago, I paid attention to how much our bill lowered  my checking account balance, but I paid little attention to how much electricity we used.  Not that we wasted electricity–we did what we could to minimize usage.  I just didn’t pay attention to the actual number.

Now I do pay attention.  Our last electric bill posted only 296 kilowatt hours of electricity.  I was pretty happy with that, especially since it was for most of March.  We use more electricity in the winter and March, in these parts, is definitely winter.  In the winter we keep lights on longer.  The heating system, although it is propane, kicks in and uses electricity.  We don’t use the clothesline but rely on the electric dryer.  We bake with our electric oven more.  We make coffee or tea more often.  We just use a lot more energy in the darker days of the year.

So I was proud that we managed to use less than 300 kilowatt hours for the month.  We haven’t changed our life dramatically, but we have made some changes.  The light bulb thing, although it has been drilled into us all so much we are becoming numb to it, makes a huge difference.  Incandescent bulbs waste a lot of energy–you can feel it in the form of heat.  Any incandescent bulb we fave feels to me like it is just spitting electricity into the air.  I feel the heat and I feel energy being wasted.  So we have changed most of our bulbs.  Why not all of them?  We have a bunch of those candle flame shaped fixtures and those bulbs are hard to find in a compact fluorescent version.  But we are slowly getting there.

Every time we change out a couple of light bulbs it seems to make a difference.  The other big difference has been turning down the dryer.  We used to always dry everything on the highest setting.  Once we turned it down to the medium heat setting we could see a difference on our electric bill right away.  We do wash lots of clothes.  We have a couple of small children in the house.  Once we can start using the clothesline again (soon!) we will use even less electricity.

We don’t have cable box on our television that sucks energy 24/7, and now that Vermont has switched to digital–and we still don’t have a converter box–we can’t watch any television at all.  We watch DVD’s but not as often as we might now that the weather is warmer and we are spending more time outside.  We will start grilling soon and use the stove less.  I am hoping that on one of these bills we be able to get it down under 200 kilowatt hours.  That may be tight but it is possible, I am sure.

I am glad we don’t have a 5,000 square foot home.  That would make our challenge even harder.  I still see people who leave light on all the time, even when they are not home.  That just seems like kind of a Duh!  I try to avoid the Duhs.  Next month–going for 280.

Some Positive Economic News, At Least for Me

I used to listen to National Public Radio a whole lot more.  When we moved to this house we did not put a radio in the kitchen, and that is a place I like to listen.  When I am whipping up some tasty meal, I can hear what they have to say.  This morning I was whipping up four-berry muffins and I wanted to listen.  But no radio.

Actually, that is not true.  We have a radio in the kitchen.  It is a wind-up generator radio.  Wind the crank and it charges the battery.  It works great, but the battery does not last long.  I need to keep winding it.  And winding it.  I want to use this radio.  I like the idea of listening to an electronic device without using electricity from the grid.  But, I admit, I rarely do.  I don’t want to keep winding.

There is another option, however.  This radio has the option to charge the battery with electricity from the grid.  Plug it in and charge and off we go.  I could keep it plugged in and listen as long as we have power.  This morning I decided that I was ready to choose that option.  The problem, however, was that I haven’t ever used the power cord.  And I had no idea where it might be found.

This took me to the basement.  Our basement is still full of boxes and baskets and bins from when we moved to this house two and a half years ago.  We slowly empty them and slowly bring new ones down.  The result is clutter stasis.  So when I go to look for a power cord, and I know I just saw the box full of them down in the basement recently, I get stymied.  I can’t find doodly-squat down there unless I get lucky.

I searched and searched to no avail.  I did bring up a mason jar to use for the bulk popcorn I just purchased at Healthy Living, so the voyage to the underworld was at least worthwhile for that, but I never did plug in the radio.  And, to bring this around to the point, I saw an envelope on the floor.  The envelope contained two $50 savings bonds.  Why it was on the floor was a mystery, but I figured that was not the ideal storage location for paper that had any value, due to the occurrence of mildew on such floors.  And so, in my wisdom and readiness to take action, I picked it up.

Now I was fully distracted from finding the power cord.  I had a jar to wash and some savings bonds to check out.  With the savings bonds in the envelope was a letter from the Hartford Courant.  It noted how my service as a newspaper carrier was superb, blah blah blah, and here was a token of appreciation.  I only received one savings bond with that letter, as I recall.  The other came later.  I decided I should find out how much they might be worth these days.

I turned, as is the norm in our house, to the internet for answers.  Ten years ago I might have just wondered about it and found a better spot for the envelope, but now I’ve got Google.  Google led me to the government web site with information on savings bonds, including a calculator to tell me the value of my investments.  As I have mentioned, two of my traits are wisdom and readiness to act, so I used the calculator.  I found out the bonds’ values and also learned a few things.

One of the bonds, issued in 1981 (have I actually held onto the thing for that long?) is worth $131.  The other, issued in 1986 (same question) is worth about $85.  That seemed a big difference for issue dates only five years apart, so I read more.  It turns out savngs bonds earn interest based on when they were issued, and the interest rates can vary quite a bit.  I couldn’t find interest rates for the earlier one but I did learn that the one issued later has a minimum rate of return of 7.5%.

That made me look twice.  Did it really say 7.5%?  Who gets a guaranteed rate of return of 7.5% these days?  You’d be lucky if you could earn 4% on a CD these days.  The rate chart only went back to 1982 but the rate on the bond from 1981 must be higher.  Get this–the highest rate I saw on the chart was from 1982 at 13.05%.  And this is supposed to be a safe investment.  Safe indeed.

So the good economic news is that I have $216 worth of savings bonds, and I have two years before the first one stops earning interest.  Considering these were purchased for half face value, that is a fine rate of return, especially since I didn’t purchase them myself.  Now, we’re not talking a huge amount here, but by 2016 I can cash them both and do something with those earnings.  Of course I will probably just reinvest them.

So it is good to know that I’ve got something, a little buffer, sitting in that envelope.  I keep reading bad economic news.  Here, at least, is some good news, if only for me.  Now I need to go get that fireproof safe I have been considering for years.  Then I can really stop worrying.  At least about a few things.  Then maybe I get on top of all the crap in the basement and, finally, I’ll be able to listen to radio while I make muffins.

Your Uneventful Town Meeting

Things started pretty much on time.  I was there on time but lingered outside for a few.  I found a seat as the moderator was reading the warning for the meeting.  I didn’t miss anything I already knew.

The first two articles were to be voted on the following day at the town hall.  The first was the school budget, the second was a vote to remove the position of town auditor.  We are supposed to have three auditors but no one has run for it since 2004.  Not a critical position, apparently.  Or a desired one.

I was curious about what discussion might ensue regarding the budget.  There was some discussion about salary increases for town employees.  The budget called for a 5% increase in all salaries and a few people expressed concern that this was too high.  It does seen high.  Who gets 5% when most people have a freeze on their salaries?  The general budget passed anyway.

Other discussion points were why we need a new dumptruck after only ten years (they get worked hard and repairs begin to outpace the value of just paying for a new one), why the police budget included funds for a new car when it did the last two years as well (it is a regular part of that budget to plan for a new purchase every other year) and the wind turbine at the library.  This last started producing power last year but the electric line in that budget goes up every year.  “Is this thing getting us anything?” someone asked.  It provides 10% of the library’s power even as more use of the library means more electricity use.  That was installed at no cost to the town, so it is all essentially a gain.

The biggest discussion item was a petitioned article to vote to close the Yankee Nuclear Power Plant when it is scheduled to close in 2012.  There were some strong feelings on both sides, including discussion of how to replace the power that the state would lose and how much electricity costs might rise without the plant.  Ultimately it got a yes voice vote.  Many other towns voted on the same article and passed it.  I voted yes on this one.  What would we say if there were an accident down the line with this oldest (in the world) of active power plants?  This sure is bad to have all this radioactivity all over the place, but it sure was worth it to save a few cents per kilowatt hour?

And that was about it.  We voted to support local charities and the land trust and to set aside funds for conservation.  And it was good to see at least a sampling of fellow Hinesburgers.  Not enough people were there, of course, given the town’s population, but at the auditorium at Champlain Valley Union High School was mostly full.  It didn’t run all that late but, nonetheless, the voice vote to adjourn was the loudest of all.cy

Final Solar Class

I attended the last of three classes at Champlain Valley Union High School last night for a short course on solar photovoltaic installation.  Overall the whole thing was worthwhile.  I know much more than I did before the class.  I am ready to make it happen.  Oh, but that huge price tag.  Ouch.

Would it pay off?  If you look at just the financial pay back it is hard to judge just how long it would take to break even.  It is easy to do the math with some assumptions.  If you keep the cost of electricity static, it would take maybe 20 years to balance the initial investment with monthly savings.  That is a long time.  If the cost were a little lower, then maybe it would be a no brainer.  But the cake is big.

If we invested in a solar system it might cost as much as $40,000 to install a system that would generate all the power we use now, before any incentives.  A system might cost less, given some other assumptions, and we might invest in a smaller system.  There are lots of variables.  Even a $20,ooo price tag would be huge, however.  If we figure in interest, since we would have to finance a system, the cost grows.  It is the right thing to do, but it is hard to swallow such a huge investment, especially when it means saving maybe 60 bucks a month.

We just started the refinancing process.  We will save more than $60/month  just by getting a lower interest rate on our mortage (4.5%!) but that is a bigger loan.  The scale thing just makes such a big difference.  If incentives were high enough that we could reduce the initial cost and the time to breaking even, I would be ready to make it happen.  We just can’t afford to do it right now.

I will keep my finger on the pulse of what might change with alternative energy (What’s up with “alternative” for wind and solar, anyway?  Shouldn’t coal be considered alternative?).  Until the cost goes down, or we get a big influx of cash, however, it ain’t happenin’.  I could use a little of that stimulus over my way.