high electric bill

Why Is My Electric Bill So High?

Why is my electric bill so high? It might be because you forget to unplug your appliances, your house is not properly insulated, or because your electronics are too old to be energy efficient. Only after finding out the root cause, you’d be able to come up with an effective plan that will, hopefully, help reduce your expenses.

5 Reasons Why Your Electric Bill So High

1. Vampire Appliances

All devices that stay plugged in all day will continue to suck a lot of energy. There are probably at least half a dozen of devices in your houses that you keep plugged in no matter what. Even if you aren’t using them, they are still raising your electric bill.

2. Misusing Lights

Wondering why is my electric bill so high? Well, instead of lighting up a specific area – like the coach, for example, – we are used to making the whole room brighter. This is not only unnecessary, but it also contributes a lot to a high electric bill.

3. Old Appliances

Do you have any appliances that were made in the 1990s? The fact that a fridge or a dryer had served you for decades doesn’t make it the best device out there. In fact, such out-of-date appliances consume enormous amounts of energy.

4. You Are Using The Big Appliances Too Often

Why is my electric bill so high? Well, you might be using your washing machine, clothes dryer, or dishwasher more frequently than you actually have to. The bigger the appliance, the more electricity they use.

5. Lack Of Proper Insulation

Good-quality insulation helps your house stay warm and cozy. However, drafty attics and old windows can lead to enormous electric bills. If you have a room in your home that isn’t properly insulated, you’ll definitely be wondering why my electric bill is so high.


woman got car title loan cash in NM


What Can I Do About My High Electric Bill?

Now that you have found the answer to the question ‘why is my electric bill so high?’, you can do something about it.

For example, make unplugging all the devices that you are not using a habit. Also, always plan a ‘laundry day’ and use your washing machine to its fullest capacity. While you are in front of your washing machine, do check the settings, as some washing machines have energy-saving regimes.

These are the things that you can start doing immediately. But unfortunately, some steps would require some investments from your side. If you want your electric bill to go down, you will have to buy LED bulbs. Those use up to 90% less energy than traditional bulbs.

Even though some LED bulbs might be a bit pricey, you wouldn’t have to rob a bank to get yourself a few. But new appliances and proper insulation would certainly require more cash. The great news is that in the long run, an energy-efficient refrigerator and well-installed insulation will help you save a small fortune.

If your old appliances have suddenly broken down, your insulation got damaged by mold or pests, or if you have to face any other disaster that requires a certain amount of money, then you might want to consider getting a car title loan.

What Is A Car Title Loan?

A car title loan is a type of secure loan that uses your car’s lien-free title as collateral. You must make sure you are of legal age and that your vehicle is fully paid off. You also have to make sure your title is lien-free – or free of any outstanding liens or judgments – and in your name.

This kind of loan can help you out with those sudden home repairs that are causing your electric bill to skyrocket. At New Mexico Title Loans, Inc., we can offer you up to $10.000 and you can get through the entire process in 30 minutes. There are plenty of other benefits you need to know about these loans.

What Are The Benefits Of A Car Title Loan?

Not a lot of people know, but you can keep driving your car, even if you have qualified for a car title loan. We are using your title as collateral – not the vehicle itself. This means we will hold onto your title, and you get to keep your vehicle while you repay the loan.

Moreover, there is no need to show proof of employment to qualify for this loan with us. We also welcome anyone with any kind of credit – even if your credit is non-existent.

What Does The Car Title Loan Process Look Like?

The process of getting a car title loan is simple and convenient. Just follow our short guide below to get a better idea:

  • Fill in a quick form online right on our homepage. Very soon after, a representative will call you to explain the whole process and provide answers to any questions that you might have. We will also set up a meeting for you either at one of our New Mexico title loan stores or at a location of your choice.
  • Whether you come to us or we go to your location, you’ll still need to have the required items. You will need to have your driver’s license or state-issued ID, your vehicle, and the title to it. The loan representative will perform a quick vehicle inspection to decide how much you could qualify for.
  • They will then decide if you qualify for approval. If you do, they will go over our loan terms and have you fill out the necessary forms. Once everything is complete, you will get the money either the same day or the next bank business day.

Lower Your Electric Bill Today

If you were asking yourself ‘why is my electric bill so high?’, you now know the possible reasons and exactly what you have to do.

Things like bad insulation and out-of-date appliances are a few things that might be making your electric bill go up. At a certain point, you may be forced to make a change and buy a new fridge as the old one had broken down, for example, or fully modernize the insulation, if there is a problem with mold or pests.

This is where a car title loan can become an option. Fill in the form online today to get started on our simple and convenient process.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.

New Mexico Title Loans

If you are searching for a convenient way to get a title loan, look no further than New Mexico Title Loans, Inc. We offer online title loans where not store visit is required or in-store title loans and installment loans. To get started, fill out the simple online form above or give us a call at any one of our convenient store locations.

All you need is the following items:

  • Driver’s License or State Issued I.D.
  • Lien-Free Title to Your Vehicle
  • Your Vehicle for Inspection

When you’re ready to get the emergency cash you need without all the hassles of a traditional loan, New Mexico Title Loans, Inc. has you covered with a car title loan up to $10,000 today.

New Mexico Title Loans