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I am new here but not new to the utility industry! I worked for a Gas & Electric utility for 30+ years. If your really want to save on your electric bill than check into getting a natural gas or propane water heater and maybe a new gas cloths dryer. Remember you use the water heater just about equally 12 months a year. Most areas you us the AC about 4 to 5 months and the furnace from 5 to 6 months a year. Check out your May electric bill as 70 - 80% of it is due to an electric water heater if you have one.