It seems that life’s essentials grow more expensive everyday.
- The cost of housing, food, medical care, gas and utilities goes up every year.
Meanwhile, wages remain largely stagnant (for a full economic analysis of costs and wages for the last twenty years, economics). More and more people are therefore looking for ways to make more money; they take can side projects in what is now called the “gig economy” of casual labor and they spend even more time at work. They are also cutting costs by skipping vacations, downsizing their cars and homes and eating out less often (follow this link for more information on how to save money). All of this may seem disconcerting, but there is a silver lining. As more and more people adjust to what is sometimes called “small living,” they are also using less energy. They are also as a result becoming more aware of human impacts on the environment and the negative feedback loop this can create when consumption outpaces nature’s life cycle. So, many people are now taking active steps to save energy (for energy-saving tips, research HVAC tips). They know to turn their air conditioning systems to ‘low’ when they are out. They are also using smart HVAC systems for indoor temperature control, a shift that has positive energy savings due to the ability of smart HVACs to automatically adjust for energy costs and other factors. Programmable thermostats and wifi HVACs are also new energy-saving innovations helping to reduce greenhouse gases and cut utility costs. Finally, solar powered heating and cooling products and equipment are now coming online at more affordable prices. Those looking to cut costs and energy consumption are investing in these new technologies. For more information on how downsizing can save money and the environment, research HVAC tips.