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"economizing on" is a correct and usable phrase in written English
It means to save money or use resources sparingly in a particular aspect or area. It is commonly used in business and financial contexts. Example: The company is economizing on office supplies to cut costs and improve profitability.
Exact(37)
By making use of the CAM water-saving option in the drought-prone epiphytic habitat, epiphytic C. uvitana is economizing on the formation of water-conducting structures.
Upholding a norm that has led one to fare reasonably well in the past is a way of economizing on the calculation costs that one would have to sustain whenever facing a new situation.
And companies have become much more efficient about economizing on rare earths, especially the costliest ones, the so-called heavy rare earths like dysprosium.
Households and business may also begin to use vehicles with no human passengers or drivers in order to move goods from one place to another and, by economizing on the human driver costs, they may want to move more goods than they do today.
In dealing with swarms, economizing on force is essential.
That would be like economizing on heating bills by feeding the front door into the fire.
Similar(23)
I have one cavil: The publisher, seemingly to economize on black ink, has printed the documents and photographs in such low-definition, smudgy gray that many are unreadable.
Just-in-time production, for example, economized on prohibitively expensive space.
So consumers have had no incentive to economize on electricity use.
But he economized on his pitches and worked into the eighth inning, helping the Yankees to an 8-5 victory at Tropicana Field.
First, energy comes at a cost in all economies, and so economic incentives exist to economize on energy use through technological change.
More suggestions(1)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com