One of the most frustrating aspects of modern life is, for so many of us, the dreaded electricity bill. If you have ever had that knot in your stomach after opening a power bill, you are not alone. With the fact that more people are working from home, the overall energy consumption has risen by between 15% and 20%, which means that power costs are rising at a monumental rate. What is the answer? It is all about learning a number of tried and tested methods to keep your power bill down.
Keeping Your Energy Costs Low Around the Home
One of the best ways to keep your power bill low is about getting into the right habits, including the following:
Air Conditioning and Heating
- Close windows and doors in the areas you want to cool or heat, ensuring the air stays inside.
- Setting the temperatures to the correct settings. If you want to cool the property, your air conditioner should be between 24 degrees C and 26 degrees C, and for heating, it should be between 18 degrees C and 20 degrees C.
Water and Laundry
- If you are using electric hot water, make sure it is on an off-peak tariff.
- Save your laundry loads until you have a full washing machine, and set it to economy wash.
- Avoid using the dryer and use an indoor rack or the outside to dry clothes.
- Replace old light bulbs with LED globes which can last up to 10 times longer than a traditional light bulb.
- Use natural lighting during the day by opening curtains and blinds.
- Place reading lamps near chairs to avoid lighting up the entire room.
- Reduce the time your fridge door is open.
- Use an economy setting on the dishwasher and make sure it is completely full.
- Shop around for energy-efficient appliances.
Television and Entertainment
- Switch off appliances at the wall when not in use. As standby still uses power, turn off all appliances when not in operation.
Understanding Your Electricity Bill
Another key aspect of reducing your power bill is to make sure you understand what you are charged for:
- Electricity bills from different retailers will use different words but contain the same information.
- Understand your electricity plan. You need to do this by looking for a heading on your bill called energy plan, tariff type, or current agreement.
- Shop around for a better price. If you are already reducing your electricity usage, you can switch to a better plan for your budget.
- Understand your usage, as it may be listed as Any Time usage, Peak Consumption Charge or Residential Tariff for higher prices, or Economy Tariff or Controlled-Load Usage for lower prices.
- Your electricity bill should also cover sections where you are entitled to discounts, rebates, or concessions, so be sure to check.
Energy prices are going up constantly, and people who are having difficulties making ends meet could benefit from a combination of methods. Slashing your power bill involves understanding what you are getting billed for while also getting into the right habits.