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The word 'economizer' is correct and commonly used in written English
An economizer is a device or system that is designed to save or conserve resources, typically energy or money. It is often used in the context of environmental sustainability and cost-efficiency. Example: The company installed an economizer in their HVAC system to reduce their energy consumption and lower their utility bills.
Dictionary
economizer
noun
A person who avoids waste
synonyms
Exact(1)
In an age when girls of her background "saved" themselves for their wedding night, Arbus — never, in later life, a sexual economizer — married very young.
Similar(1)
Mr. Lacy is one of the most impressive economizers playing any kind of saxophone in jazz, and sometimes his improvisations are so pared-down that they're downright phlegmatic.
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