Saving money on power bills is important especially when you have a mortgage.
1. Install Solar Panels
Solar panels are a great way to significantly reduce the amount of money you will pay for your electricity bills. Government grants are available from the Federal Government that will reduce the cost of installing these solar panels.
2. Install energy efficient lighting
Light bulbs can contribute a surprising amount to your electricity bill. Consider installing energy efficient globes that will last longer and will reduce your power consumption.
3. Adjust the thermostat
Heating and cooling your house can be expensive. Set your heating between 18-20 degrees. Each degree above 20 can add 10% to your bill. In summer set your air conditioner to 25 degrees. Each degree below 25 can add 10% to your bill.
4. Wash clothes with cold water
There’s no mistaking that warm water uses more power. Cold washes don’t use hot water and it will significantly reduce your power bill.
5. Close doors and curtains
The harder an air conditioner has to work, the more power it will use and the higher your bills will be when running your air conditioner, be sure to close your doors, windows and curtains.
6. Switch off appliances at the wall
Standby appliances can cost a typical household over $100 per year in wasted electricity. Appliances like Televisions, microwaves, dishwashers and even chargers consume electricity when they’re not being used, meaning your basically paying for nothing.
7. Insulate your home
Insulation is a cost-effective way to improve your home’s energy efficiency, helping reduce your heating and cooling costs. Insulation can help you maintain a comfortable temperature. It acts like an esky to keep cool in summer, while acting like a thermo to retain heat in the winter.
8. Get energy monitoring
Tracking your electricity usage with an energy monitor means you can see how and when you’re using electricity, helping you identify opportunities to save and reduce your power bill. Electricity monitoring is available to most smart metre customers.
9. Check appliance settings
Adjusting the settings of certain appliances can have a huge impact on your power bill. Check the fridge isn’t running too cold and the TV isn’t too bright. Also use any eco settings on fridge’s, dishwashers and washing machines.