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A picture of Lynn Jenkins, CPA Message from Lynn:

Dear Friends:

Summertime has arrived! June 20 was the first official day of summer. It's been pretty mild, temperature-wise at least, but as we all know Kansas heat can sneak up and be hot as a firecracker in no time flat!

Because of this, it seems like an appropriate time to share some tips on how to help keep your home and family cool without breaking the budget. (source: www.360financialliteracy.org)

Summer Tip #1: To save on your air conditioning bill, turn off unnecessary lights during the day. Much of the energy used by incandescent bulbs is emitted as heat.

Summer Tip #2: To save 1-2 percent on your energy bill, unplug electronic devices and chargers when they aren't in use. Most new electronics use electricity even when switched off. Turn computers and printers off at the power strip.

Summer Tip #3: For a more energy efficient way to cook, use your microwave instead of your stove. Microwaves use two-thirds less energy than conventional stovetops.

Summer Tip #4: Consider replacing your incandescent bulbs with compact fluorescent light bulbs, or CFLs. They use about 75 percent less energy and give off 75 percent less heat but produce the same amount of light as incandescent bulbs.

Summer Tip #5: Make some shade! Awnings, blinds and drapes keep sunlight from entering your home. Install them on windows, skylights, doors, and other places where the sun comes through. During the day, closing the blinds and drapes to filter the sun will keep the room's temperature from rising.

Summer Tip #6: Planting trees in strategic areas can reduce the energy a house uses for cooling by up to 25 percent. Deciduous trees (that lose their leaves) help block the sun during the summer and still allow the winter sun to warm your home. Also, planting trees and shrubs around your air conditioning unit can increase its efficiency by up to 10 percent. Just make sure to place them at least 18 inches away so they don't block the vents.

Summer Tip #7: "Summerize" your home by adding insulation and sealing air leaks around the house. Add insulation to the attic or add to already existing insulation. Weather-stripping and sealing drafty doors and windows will keep your house comfortable year-round and potentially save you hundreds of dollars.

Summer Tip #8: On a hot, sunny day, dark-colored roofs can reach temperatures of up to 150º to 190º F, heating the living spaces below. Consider adding a reflective coating to a dark roof, or choosing a lighter color when it's time to replace the roof.

Summer Tip #9: Have an extra refrigerator in the garage that you're not using? Unplug or recycle that spare refrigerator if you don't really need it, and it could save you up to 10 percent or more on your energy bill.

Summer Tip #10: Thinking about buying a new refrigerator? Refrigerators with a top or bottom freezer design can save you an additional 2-3 percent on your energy bill compared to a side-by-side design.

Have a safe and patriotic 4th of July!

Lynn signature file

July, 2008 Issue
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Treasurer Lynn Jenkins, CPA
State of Kansas
900 SW Jackson, Suite 201
Topeka, KS 66612-1235
Tel: 785-296-3171
Fax: 785-296-7950
lynn@treasurer.state.ks.us
www.kansasstatetreasurer.com
 
MoneyWI$E is an informational service provided by Kansas State Treasurer Lynn Jenkins, CPA for the people of Kansas. The material contained within MoneyWI$E does not necessarily reflect the views of the State Treasurer, the State of Kansas, or other contributing sources. MoneyWI$E is a free newsletter; materials contained within this issue may not be reproduced without express written permission of the State Treasurer or the contributing source. The opinions provided herein may or may not be appropriate for any individual's specific financial situation. Individuals are advised to seek the advice of a licensed financial planner, stockbroker investment advisor, or attorney before acting upon the information provided herein or making any investment decisions.

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