Theoretically, as much as you spend on power. If, for example, you went without using electricity for a week, you might reduce your power bill for the month by about 25%. If you gave up electricity entirely (not an appealing idea to most, but few of us need it to live), you wouldn’t have one at all.
If a majority of households in the country cut their energy consumption significantly, the government could save money, too, and potentially pass those savings on by way of tax cuts or benefits.
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