5 ways to reduce energy costs around the home?
5 Ways To Reduce Energy Costs Around The Home
Conserve a little…save a lot!
The Australian Energy Market Commission (AECM) confirms that while overall trends in electricity prices across Australia may be flattening (i.e. remain stable), certain states and territories might actually be paying more for electricity between now and 2017.
Given these facts then, what can Australians do to curtail their household power consumption? And, how much energy do we really use in Australia? Read on to learn about 5 ways in which you can reduce energy costs around your home.
1) Dare to Compare…and save!
Have you checked your electricity bill recently to see how much you are paying per kWh?
You might be surprised at what you learn when you compare bills with friends and neighbours! According to the AECM, the average consumer could benefit from significant savings from comparing and switching to a more competitive supplier
Typical savings, based on 2013-14 market offers include:
- QLD : $93
- NSW : $165
- VIC : $246
- SA : $189
While this represents “typical” savings, individual households could potentially save even more from making inquiries and shopping around for the best deals.
2) The enemy within!
For most Australian homeowners, reducing energy costs isn’t about comparing what other households are doing. It’s often about what’s happening inside your own home. Did you know that the appliances you use may actually be costing you a fortune in terms of unnecessary energy bills?
- Replace older energy inefficient appliances, such as top-loading washing machines/dryers, with energy-friendly front-load models
- Replace incandescent light bulbs for energy efficient Compact Fluorescent Light (CFL) versions
- Turn off lights in rooms that are not being used
- Unplug power cords from electrical outlets (or use a power bar) to avoid “ghost power use” – a phenomenon that causes appliances to continue to draw power even when not in use – accounting for up to 10% of your annual power bill!
Look for these enemies within your home, and deal with them quickly, and you can drastically reduce your energy costs.
3) Putting it on the line!
With that new energy-efficient clothes dryer of yours, you’re probably sitting pretty comfortable thinking you’ve hit “energy cost saving Nirvana”! Well, you can still shave a couple of dollars a month off your power bill if you’re willing to put it on the line! Nature has blessed Australia with an abundance of sunlight.
Drying your clothes out on the line can further reduce your energy costs.
4) Dollars down the drain!
Hot water usually accounts for a significant amount of an average Australian household’s energy consumption. Peak rate tariff billing may be the cause for an inflated electricity bill.
Consider a switch to off-peak hot water system. Also, reducing your thermostat by a mere 5 degrees could prevent real dollars going down the drain, as can doing laundry in cold water and taking shorter showers.
5) Cheaper alternates
Depending on the infrastructure available in your area, you might be able to benefit from natural gas and solar powered systems to reduce your household energy costs.
Both these options are not only cheaper in the long run, but are also more environment-friendly than coal-fired electricity production facilities.
For more information on how you can reduce energy costs around the home, or for some help, give our friendly team a call at The electrician Pro’s bondi – we are here to help.