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How to Pay Your Bills The Greener Way:
The economic advantages of paying bills
online are obvious: You save the 41-cent
cost of a stamp plus the cost of a check. A
typical family can save $8- or more per year
by going online to pay bills, according to
data from NACHA-the Electronic Payments
Association, which says the average
household receives 20 bills per month.
But do you know the environmental savings?
Javelin Strategy & Research estimates (based
on a study in 2007) that is all US
households viewed and payed their bills
online, it would save:
2.3 million tons of wood or 16.5 million
trees.
1.6 billion pounds of solid waste or 56,000
fully loaded garbage trucks.
26 million BTUs of energy - enough to
provide residential energy to the city of
San Francisco for a year.
Javelin reports that 53% of US households
now do some banking online, but that the
rate of growth of online banking and
bill-paying has slowed. |
