One of the easiest ways to for people to trim money from their household budget is to save on energy consumption. Even those who are in great financial health can still benefit from these energy saving tips in order to improve their economic situation even further.

Low flow showerheads and toilets will more than pay for themselves in only a short while. House Logic claims the average family can save 15,000 gallons of water per year, for an annual savings of around $200.

Green Energy Solutions recommends fiberglass insulation to save money on heating and cooling bills. They estimate that new insulation could result in a savings of around 20% for most homeowners.

Switching from regular to fluorescent light bulbs can result in a savings of around $6 per year for each bulb, according to Energy Star. They also last up to ten times longer, so homeowners won’t have to replace them as often either.

Upgrading to a new dishwasher can reduce energy costs, since newer models tend to be more efficient than older ones. Those who cannot afford to upgrade could still enjoy energy savings simply by cleaning and maintaining it properly.

Programmable thermostats make it easy to turn the temperature up or down whenever a home is not being occupied. As a result, most consumers can expect to save around $150 per year on their heating and cooling bills according to AOL real estate.

Adding weather-stripping is one of the best energy saving tips because it is inexpensive and easy to do. Energy Star reports that this accounts for around 30 to 40 percent of all heating and cooling loss, yet the materials needed to weather-strip a home can be purchased for under $5 at home improvement stores.

Homeowners who install a new ceiling fan can save money year round, because these fans help push warm air downward in the winter, while circulating cool air in the summer. All that’s needed is to simply change the direction in which the fan operates in order to enjoy the benefits year round.

Finally, a tankless water heater costs around 20 percent less to operate than a conventional water heater does. Not only that, but one can be expected to last up to ten years longer, which means consumers can save on the cost of replacing these units as well.