Tips to save money on your electricity bill

Posted in: household & budget

Electricity prices are a pressing concern for many Australian families. Making changes in the house can save a significant amount of money, reduce your carbon footprint and lead to improvement in the environment.

Here are some tips on how families can avoid struggling with high electricity prices.

Ways to reduce your power bill
  • Purchase appliances with energy efficient ratings
  • Make the switch to solar power
  • Fit energy-saving light bulbs. They last 10 times longer than ordinary light bulbs and can save $80 over the lifetime of the bulb.
  • Switch electricity providers by taking talk to an energy specialist. You could save up to $450 a year.
Tips on getting through winter
  • Ensure your home is well insulated
  • Close doors and draught-proof your home – this is an easy way to avoid wasting power and money on excess heating
  • Use thick curtains to reduce heat loss on winter evenings
  • Block off unused fireplaces to prevent heat loss
  • Join the slow food craze and come home to a slow cooker! This appliance uses the least amount of energy (based on average consumption) – so enjoy a tasty, tender casserole or roast when you come home from work while keeping power bills down.
Tips on getting through summer
  • Ceiling fans are very cost-effective solutions. Ceiling fans run at a fraction of the price (2 to 3 cents an hour) of air conditioners and can provide welcome relief on a hot day. Sometimes however a fan just isn't enough, so a way to save money is to run your air-conditioning unit at the same time as the fan but raise the thermostat 10 degrees. The room will remain cool and your air-conditioning appliance will use less power.
  • Service your air-conditioner. Clean the filters and vents, ensuring there's no build up of dust and debris, this will ensure the system runs efficiently.
  • Windows - Fit reflective film, external shutters and internal blinds to reduce the amount of sunlight entering the building.
  • Double glazing - if you're building a new property look to incorporate suitable glazing.
  • Ceiling insulation is an essential part to cooling your property in the summer and keeping it warm in the winter. Correctly installed loft insulation can keep indoors up to 10 degrees cooler during summer months.
  • Consider fitting suitable roof tiles to reflect the sun's rays or have the roof painted with heat reflective paint. This will reduce the amount of heat absorbed into the building during summer months.

Tips on finding a better electricity deal
  • Bargain with your current electricity provider – and save lots of money on power bills.
  • Regularly review your electricity bill - at least every 12 months.

 
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This article was kindly supplied by Tim Wolfenden of MakeItCheaper.com.au



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