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1 Install a programmable thermostat to automatically adjust your home's temperature settings when you're away or sleeping.  When used properly, a programmable thermostat with its four temperature settings can save about $180 a year in energy costs.
If your house has electric heat, youâll see a big spike on your electricity bill in the middle of winter when you use a lot of power. If you have a heat pump and use it a lot, you may run it somewhere between 10 and 15 hours a day.If your electricity costs 10 cents an hour, that could cost you $15 to $22 a day.The same applies to homes with central air conditioning in the middle of summer.To save money, install a programmable thermostat and set it back at least 10 degrees for eight hours a day.f your electricity costs 10 cents an hour, that could cost you $15 to $22 a day. The same applies to homes with central air conditioning in the middle of summer. To save money, install a programmable thermostat and set it back at least 10 degrees for eight hours a day.