A recent study conducted by the National Association of Home Builders (NAHB) found that homes constructed within the past decade are significantly less expensive to maintain than properties that were built a generation ago. On average, the combined annual maintenance and utility costs of a home that was built in or after 2008 is roughly $241, while the same yearly price to live in a home built before 1960 is $564 a year. There is also a noticeable variance in the average operating costs of houses built during these two periods - properties constructed more recently only have operating costs of roughly 3 percent while those built before 1960 averaged 5 percent.

A large factor is the kind of plumbing, wiring and overall utility setup of a given property. Over the past several decades, streamlined construction methods and an overall "greener" sensibility among shoppers have led to the development of more energy conservative appliances and layouts that cut monthly power and plumbing costs.

For example, the federal government offers homeowners a tax credit when they replace older appliances with Energy Star-approved ones. The results are savings in both the short term, with the immediate rebate most suppliers offer, and long term when monthly utility savings are taken into consideration.

Even manufacturers must meet higher efficiency standards today than in the 1960s whether or not they are looking for an Energy Star certification.

Are you still using incandescent light bulbs? Your electrician would recommend a different course. Efficient lighting technology has blown up in the last few years, and advanced technologies are just getting better. Light emitting diodes, or LEDs, are at the forefront of modern lighting thanks to their inexpensive and long-lasting luminescence. Some of these new diodes are leading the pack in must-have lighting features, including smart home integration that you can control with your phone. Read on to learn more about the latest in LED technology.

Upfront Costs are Dropping

One of the biggest complaints about early LEDs was the price. Almost any LED will save you money over time compared to an incandescent bulb, since they use 25 to 80 percent less electricity and can last up to 25 times as long, but many consumers balked at paying the $35 or higher retail price for a single bulb. Newer models, however, can recreate the look of that classic 60 watt incandescent bulb with fewer LED panels, meaning they are cheaper to produce and sell for $10 or less.

Options are Expanding

Other common complaints about the first LED models were that the warmth of the light wasn't quite right and they didn't work with accessories like dimmers. With today's technologies, however, you can find LEDs that give off almost any color and lighting profile, allowing you to mimic the look and feel of your old incandescent bulbs or tailor your room to fit more eclectic tastes. Not every LED is compatible with standard dimmers yet, but many are – just check the label on the box to make sure.

Make it a Smart Bulb

Many new LED models are designed specifically to work with smart technology. That means you can control them from your phone no matter where you are, set up a schedule for them to turn on and off, and even have different colors or light intensities at different times. Newer bulbs are also optimized to work with your other smart home systems to move you closer to a goal of integrated whole-house control.

Turnkey Functionality

One of the biggest advantages of upgrading to LEDs is how easy it is. There's no need to hire an electrician to set up new wiring or fixtures – the bulbs screw right into the pre-existing bases, out of the box. If you want tips on how to make the most of your new lighting options and create the room profile that fits your home, however, don't hesitate to call up your local electrician for guidance and advice.

Everyone is a victim of the monthly electrical bill, and nobody likes to pay it, however electricity is a necessity to our everyday lifestyle. One of the benefits of electricity is that we have the power to manage it efficiently. Taking the right actions can mean saving money every month. We like providing you with helpful reminders of how you can be saving electricity in your home to make energy wise choices and save money on your bill.

Upgrade home windows – As winter approaches, you will find yourself wanting to maintain a warm and comfortable home. A great way to keep the heat in the home from escaping outside is by upgrading to more efficient windows. Windows with more glazes/panes help to capture the heat and keep it in. While this could prove costly to replace all the windows in your home, in the long run it is a wise investment to reduce the monthly electrical bill.

Regular furnace maintenance – Just because your furnace is running does not mean that it is running properly. If you are neglecting your furnace it could be running inefficiently. A professional inspection of the home’s furnace can lead to the identification of a number of areas of potential improvement that when resolved can lead to increased energy efficiency.

Use portable heaters -We have previously spoken about the user of portable heaters in the past and it is always worth revisiting. When heating the home, it is more efficient to turn on a small heater in the room you are in, rather than turning up the thermostat. Heat only the areas that are in use and not rooms that are empty.

Use the right bulbs – Each light fixture has a specification for the bulbs that should be used. Matching the right bulbs to the fixture leads to higher efficiency as energy can be wasted powering an incompatible bulb. And, if you haven’t replaced your home light bulbs with LEDs or compact fluorescent bulbs its time to!

Smart Thermostat – We visited this topic in last week in detail – turning down the home thermostat when heat is not needed is the easiest way to save on energy. A smart thermostat will help your set better heating schedules and allow changes to be made remotely from a smart phone.

Unplug unnecessary electronics – Electronic devices that are not currently being used should be unplugged. Items such as phone chargers, kitchen appliances, and laptops can still consume electricity even if they are off.

Repair your roof – In addition to windows in a home, the roof is another area where heat can escape. Heating a home is not cheap, so each degree should be kept inside, not outside. A damaged, or improperly insulated roof can lead to heat loss. A professional will be able to inspect your attic and roof to identify areas of heat loss and repair them.

Home Electrical inspection – Old and outdated wiring is not only inefficient, but dangerous. Schedule one of your licensed electricians to inspect your home to identify areas your can take advantage of to improve electrical efficiency.

Making the right investments in your home can lead to saving thousands of dollars in the long run. Before the thermometer starts to drop this season, review your energy consumption habits and areas in the home that can be improved. For a home electrical inspection, contact your local Expert Electric.