On Sun, 15 Apr 2012 16:03:07 -0400, Duesenberg wrote:



The biggest factor that is under EASY control of home owners is always
going to be their air conditioning temperature setting, and that is also
going to be the last usage they are willing to sacrifice because it
involves their own comfort level (how hot and sticky are you willing to
be in your own home - if it means you'll save a measely $1 or $2 today,
and again tommorrow, and again the next day, etc).

Every day, that $1 or $2 bargain they make with themselves is worth it.
The fact that it might (or will) end up being $30 at the end of the
month is irrelavent. That's if they even know that setting the temp. to
77f vs 74f is going to cost them an extra $1.24 today.


$1 a day invested for 5 years at 7% compounded interest is $2 148.

$1 a day invested for 25 years a 7% compounded interest is $23 624.

Hopefully somebody will doublecheck my math.

Invest that dollar a day in a tax shelter of course to maximize returns.

Some people don't care about $365 a year in simple savings and others
do. Some people try to sacrifice and decide it's not worth it and others
stick with it.

Your point about the air conditioning is what we do at home. We like
our house cool at night and are willing to pay for it.
But WHERE do you get 7% today??? 0.7% is more realistic.