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6 More Tips to Save Money on Your Electricity Bill

Do you find that your electricity bill has been increasing in the past year? Are you trying to find new ways to try and bring the quarterly costs down? 

With the current energy climate being the way that it is, there has never been a more important time to try and find a better energy deal to reduce the costs of your electricity & gas.

We have compiled six more tips that we feel can greatly benefit you by potentially reducing your household expenditure on your electricity costs.

You can also view our previous six tips to save money on your electricity bill.

 

1. Compare Your Latest Electricity & Gas Bill

One of the first things you should do is to get a new electricity & gas quote for your household. 

At Youcompare, we can compare your latest electricity & gas bill to our panel of providers to see if there is another plan being offered that is cheaper than what you are currently paying.

Of course, applying for a quote can be worrisome for some, due to the potential of “hidden” fees. But with Youcompare, you are in luck.

We will compare your latest electricity & gas bill at no cost to you! 

You really have nothing to lose by simply giving us a call at 1300 683 009 and speaking to one of our energy experts. Or if you prefer to fill out an online form instead, you will be able to browse our energy plans.

You will be surprised to learn of the potential savings that are out there.

 

2. Light Globes

Light globes are the easiest electricity-culprits in the house to pick on, and that is because buying the older globes is generally cheaper in the short-term with the globe-to-globe costs. 

However, the older and cheaper halogen and incandescent globes also burn a lot of electricity, and they can easily increase your yearly expenditure on energy as well. Whereas fluorescent (CFL) and LED globes are the better alternative as they will save you money on electricity per year.

Incandescent and halogen light globes are the cheaper bulb options on the market, and there is a fair chance that your household may contain a combination of these light globes.

The facts are, according to Energy Rating, is that incandescent light globes can contribute to you paying up to $229 more per year in your electricity bills.

In addition to costing you more money on electricity, incandescent light globes burn out quite quickly as well. 

While halogen light globes can last a little bit longer than incandescent bulbs and they can produce greater light using less electricity, it does not come close in savings to the LED & CFL light globe options available on the market.

The main reason why people opt to purchase halogen light bulbs is because they are cheaper than LED & CFL globes when you are comparing the bulb-to-bulb cost ratio.

While halogen light globes are generally the cheapest globes on the market to buy, they will still use more electricity per year than the LED & CFL light globes. So, while the short-term gain is that the halogens are cheap, in the long-term it will end up costing you a lot more money to run.

It is estimated, that replacing a halogen globe with a CFL globe will save you $5.62 on average a year.

Now if you do the math and replace 30 halogen globes in your house with CFL globes, then you’re possibly looking at saving up to $168 a year!

But if you want to buy the best light globes on the market to truly maximise your electricity savings on globes, then you are better off with the LED bulbs. Typically, these globes produce the most amount of light (lumens) with the least amount of wattage (electricity). 

 

3. Heaters

In the Winter time, bringing in portable heaters to provide rooms with a much-needed boost of warmth is a tempting prospect. 

While there is nothing wrong with getting your house nice and warm, being mindful of which portable heaters will use more electricity does pay off.

According to The Living Room, blow heaters can increase the yearly costs of electricity by up to $500! Those living with oil heaters may be surprised to learn that they can increase your electricity spending by up to $700 per year!

However, when you are shopping for a heater, it is always best to check out the product’s energy rating to see how efficient it is with its energy consumption. The higher the star rating, the more energy efficient it is!

If you are after a portable heater, fan-based heaters are quite cheap to run, though due to its size, it should not be relied upon to heat up an entire room. Rather it is designed to heat up a small section of a room instead.

Though the best result would be to not use a portable heater, if you need to, try setting it at the lowest possible heat setting that you can be comfortable in.

Also, take the time to seal up the window frames and doors to prevent the cold air from creeping in. That way, your heater won’t be relied upon as much to keep the room warm and cosy.

For sleeping purposes, you could also consider heating up water in a kettle and putting it into a heat-pack, to then keep in the bed with you. This should hopefully lessen your reliance on the portable heater and save you money on your overnight energy costs.

 

4. Air Con

While it is true that air conditioners can use an enormous amount of electricity, it is a utility that is becoming more relied upon due to the hotter Summer days. 

But it turns out, that you are probably better off running your air conditioner to keep the house warm than those previously mentioned portable heaters, as it generates a lot more heat for your room!

If you are looking at purchasing an air conditioner for your home, pay attention to the energy rating. An energy efficient unit with a higher rating may be more beneficial in heating & cooling your home, while minimising the costs of your electricity bills.

When you are running your air conditioning unit, always make sure that windows and doors are closed so that the heating or cooling is not escaping. Keeping the temperature constant and at your desired climate is important to using the least amount of energy as possible when running the air conditioner.

Also, set up your thermostat properly to also use your air conditioning unit efficiently.

Setting the temperature between 24oC and 26oC will optimise your air conditioners performance with respect to your energy costs. 

The reason why it is important to keep your thermostat set to the 24oC to 26oC range is because that in summer, the costs to run your air conditioner increases by 10 per cent for every degree lower than your desired temperature. 

So, when you measure your potential expenditure on that ruler, then you can see why it is vital to ensure that if you are going to run your air conditioner, to also properly maintain the temperature levels so that your unit won’t have to “catch up” with cooling down your room.

 

5. Second Fridges and Freezers

Having a second fridge in the garage or under a veranda is a common trend among some households. Of course, the best way to save money on your electricity costs is to not have a second fridge.

If you do have a second fridge, or you intend to purchase one, then here are some things to keep in mind.

Refrigerators that were made prior to 1999 use 40 per cent more energy than those fridges that were made after 2009. 

With that in mind, if you are thinking of buying a second fridge, then ensure it is a modern fridge with a high energy-efficient star rating to further maximise your savings.

However, if you currently have a second fridge and it is one of the older models of refrigerators, then maybe consider upgrading it to one of the current-day iterations.

While it is true that upgrading it can cost a bit of money, such a large outlay could see you save money on your electricity bills for years to come.

If you leave one of the older fridges plugged into the wall, it can increase your electricity expenditure by $200 or more per year! So simply turn the fridge off when you do not use it, and only turn it on when you intend on using the fridge for storing extra foods or drinks (especially for parties!)

Freezers on the other hand do cost a lot more energy than fridges, due to their constant need to keep the storage unit frozen. 

However, that does not mean that you have to settle for paying more just to have a freezer. Pay attention to the energy ratings and remember that more stars mean the unit is more energy efficient. 

Chest freezers are generally considered more energy efficient to standing freezers, because when you open the chest lid to pull out items, the chest freezer retains more of the cold without letting much of it escape. Whereas a standing freezer allows for more of the cold air to escape when you open the door, thus the standing freezer has to then produce more of the cold to make up for what it has lost. 

Size also matters with freezers, as a bigger unit will use more energy than a smaller freezer, even if they both have four-star ratings! Therefore, do not buy a bigger freezer than what you need.

 

6. Washer & Dryer

The battle of deciding between a front-loading washing machine or a top-loader should really come down to the machine’s energy efficiency if you want to further save money.

Front-loaders are typically more energy and water efficient, and they can also save space in your house as they can be mounted up on a wall or placed under a desk-top or bench setting.

Because some front-loader washing machines only run a cold-water setting, it is best to conduct some research and ensure that your desired washing machine with a hot water connection as well.

While some washing machines may incorporate its own spin cycle that will somewhat dry your clothes, a dryer is the preferred option for those who wish to dry their clothes quickly. 

Having a dryer is not necessarily a bad idea, as there are times when they do come in handy, especially for those with larger families with a heavier laundry load per week, with limited drying-rack space. 

An alternative to using the dryer is to hang out your clothes on the line and make maximum use of the summer days when they arrive.

If your clothes line is directly in the line of sight of the sun, then you can use the sun to dry your clothes and it potentially may allow you to wash and dry two or three loads in a single day.

Otherwise, as with all of the other appliances in this guide, ensure you are buying the most energy-efficient washing machine or dryer by viewing the energy-star ratings of your desired product.

 

Compare & Save

Using these tips may help you with bringing down the overall costs of your yearly electricity bill. 

However, don’t forget that you can also use our services and allow us to compare your latest energy bill to see if we can find you a cheaper or better deal than what you are currently getting.

Our energy experts have been saving money for Australians for years. 

We pride ourselves on the tools and systems that we have built over the journey to deliver to you a satisfactory service that will benefit you now, and in the future.

Give us a call at 1300 683 009 to speak to one of our energy experts or you can browse our energy plans. Remember, comparing your energy plan with us will not cost you a cent!

Compare your electricity & gas plans today!

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