High Utility Expenditures a Concern for Older Consumers

Posted on 11/18/2013 by |AARP Blog Author | Comments

Money & Savings | Public Policy InstituteOverall utility expenditures declined from 2011 to 2012, but older consumers remain at risk. A recently released AARP Public Policy Institute analysis of 2012 Consumer Expenditure Survey data finds that utility expenditures as a percentage of average annual expenditures are highest for consumers age 50 or older. The report also notes that as household income decreases, utility expenditures become a greater percentage of average annual expenditures for all age groups. Utility spending by older consumers varies by not only age and …

Solar Panels: Rent, Buy or Skip?

Posted on 10/21/2013 by |The Ultimate Cheapskate | Comments

Money & SavingsWhether you’re concerned about saving the environment or just interested in saving yourself a few bucks, equipping your house with a solar energy system is an interesting, albeit rather complicated, proposition to consider. The cost of installing a residential solar system has fallen dramatically over the years. Now a number of companies have started programs to lease, instead of sell, solar energy equipment to homeowners, some in partnership with home improvement centers including Lowes and Home Depot. Sign up for …

The Long Hot Summer

Posted on 06/26/2013 by |AARP Blog Author | Comments

Money & Savings | Public Policy InstituteThe arrival of summer brings warmer temperatures and more hours of daylight. While some folks are happy to pack away their sweaters and say goodbye to high utility bills resulting from winter heating season, the arrival of summer cooling season heralds a spike in electric bills for others. Expenditures on electricity constitute the largest portion of utility expenditures for older consumers and the cost of running air conditioning in summer is a major contributing factor. Because exposure to extreme temperatures …

Happy Birthday Nikola Tesla!

Posted on 07/10/2009 by |General News | Comments

EntertainmentToday is the birthday of inventor Nikola Tesla.

News To Know: Going green? Go white.

Posted on 09/17/2008 by |Archived Contributor | Comments

Money & SavingsA new study shows that installing a white roof on all residential and commercial building in the U.S. could net $1 billion in annual energy savings.

News To Know: Unexpected Consequences

Posted on 07/9/2008 by |Archived Contributor | Comments

Money & SavingsAside from high gas prices, an increase in fuel costs can haven unforseen consequences that need to be taken into account.