Saving Money with a Ceiling Fan

A ceiling fan can save you bundles of money on your energy bill since it uses less electricity than an air conditioner.
In default mode, fan blades turn and push air downward, creating a downdraft and making a room feel substantially cooler. However, some fans come with an option to switch the blade function to updraft. This function reverses the pathway of airflow, creating an updraft that mixes the cooler air from the lower portion of a room with the warmer air above. The mixed air is then pushed outward and back down the walls, which makes a room feel warmer. If you have high ceilings in your home, the updraft and downdraft function will be most useful to you, allowing you to circulate air that gets trapped at the ceiling through the rest of your room. The benefit of this is that you can raise or lower your thermostat a few degrees, depending on the time of year, without noticing a difference in temperature.
You'll also only want to use your fan when you're in the room. As discussed earlier, your ceiling fan doesn't actually make a room cooler. The cooling effect is felt on your body, not in the actual temperature of the room, so leaving your fan on in an empty room is a sure way to miss out on the energy saving aspects of having a fan.

Ceiling Fan Care

Dust can damage a ceiling fan's moving parts if the fan isn't cleaned regularly.
The easiest way to clean your fan is to simply use dusting spray and a cloth. The dust may fall onto the furniture, so you may want to put down a drop cloth or sheet before starting.
You should do this every week or two to ensure that your fan continues to work properly. Every few months, you can also unscrew the fan's lighting globes and wash them in soapy water.
Regularly check your ceiling fan to ensure that all screws and bolts are tight. Over time, these tend to loosen up and can cause the fan to wobble or make noises. Also, lubricate your fan once a year to make sure that all of the parts are well oiled and will work together smoothly.
You are right -- fans actually add heat to a room. One way to think about it is like this: If you have a perfectly insulated room and you put an electric fan in it, then the room will get warmer. All the electricity that is driving the fan turns directly into heat.
So a fan does not cool the room at all. What a fan does is create a wind chill effect.
When weatherpeople talk about wind chill on a cold winter day, what they are referring to is how the wind increases convective heat loss (see How Thermoses Work for details on convection). By blowing air around, the fan makes it easier for the air to evaporate sweat from your skin, which is how you eliminate body heat. The more evaporation, the cooler you feel.