Winter season can upset your budget due to high cost of heat and utilities. However, it is possible to save energy and money by following these simple methods.

1. Stock your refrigerator and freezer properly. Adequate air flow is required for a refrigerator and freezer to operate efficiently. Without adequate air flow, the refrigerator works harder to keep cool. Don’t overstock your freezer and you will save money on energy costs. Turn the temperature setting to the lowest where you can still maintain the freshness and safety of food.

2. Use a toaster oven or microwave instead of the oven. It is possible to cook delicious winter meals in a crock pot. These appliances generally consume less energy as compared to the oven, resulting in lesser cost.

3. Keep the curtains and blinds open, letting in the sunshine instead of using lights. This way you can enjoy the natural energy provided by the sun and your home will also be a bit warmer and, enabling you to save money. Also keep the curtains and blinds close at night to insulate from the cold weather.

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If you want to claim federal tax credits in order to make your home more energy efficient, you still have some time.

By incorporating some energy efficient appliances in your home, you can receive up to $1,500 in federal tax credits. Moreover, if you opt for multiple upgrades, you could get more than $10,000, although you’ll also be spending quite a bundle.

However, do read the fine print and find out all the details before you decide about any credit option. There are many federal tax credits that apply only to your primary residence and to existing homes. Furthermore, not all Energy Star appliances qualify, so you will have to do some research, as all the chosen products have to meet specific criteria.

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