If you’ve often thought that your power bill might be more expensive than it used to be, you’re not imagining things. Utility residential electricity prices have risen steadily in the last decade. According to a recent report conducted by the Federal Government, the average household energy debt for gas and electricity has increased 12% from $897 in 2019 to 2020, to $1,000 in 2020 to 2021. The average electricity debt for a customer upon entry into their retailer’s “hardship” program grew 21% over the same period, from $1,304 to $1,584.
While many saw solar power as the solution, this alternative may not be the best fit for everyone. Many Australians shy away from the up front costs associated with it’s installation, while renters aren’t in the position to have such a choice. However, the good news is that options for energy saving tips can be almost universally applied across the board for those looking to spend less on their electricity expenses.
Five Easy Ways To Lower Your Power Bill
The amount of your power bill is linked to a wide variety of factors such as your local climate, how many people you live with, what types of appliances you own, and even the tariffs provided by your electricity supplier. While no two power bills are ever quite the same, give the following energy saving tips a try if you’re looking to get the quarterly figure down.
Wash With Care – While most of us know to avoid using the dryer, did you know that you can save around $115 per year by simply washing your clothes in cold water? The way we wash both our apparel and ourselves can be easily adapted when it comes to energy saving tips, considering that a whopping 86% of Australians take showers longer than five minutes.
Fridge Maintenance – The fridge is one of the biggest power suckers in the world of appliances, so make sure that you “service” it regularly. This can translate to making sure the seals are not leaking out any cool air, vacuuming the fridge coils so it can expel heat, and even filling the freezer up with ice bricks so no extra hot air can get inside.
Turn Off Appliances – Although many of us wouldn’t think twice about it, 47% of all Aussies leave their appliances plugged in at the wall when not in use. While items such as your fridge will of course need to stay turned on, one of the easiest energy saving tips to follow is to try to turn off other appliances like toasters, kettles and even coffee machines at the wall.
Upgrade Your Shower – Heating water in your home takes a lot of energy, and arguably much more than most homeowners realise. In fact, a busy hot water system can often equate to a quarter of your home’s power usage, so it’s worth considering a shower head upgrade if yours is quite dated – after all, less water equates to less heat.
Seal The Gaps – One of the most affordable energy saving tips out there is to turn your attention towards the little details of your home that are often overlooked, such as gaps or cracks for air to seep in from. By sealing cracks around window sills and skirting boards, you’ll help your air conditioner and heater hit the right temperature sooner, and spend less on power.
By actively working to reduce energy wastage in your home, you can cut energy bills and save money – all while doing your bit for the environment. However, something that every homeowner can do to reduce their power bill is to pay attention to the rates and terms issued by their provider. If they no longer serve you with the most favourable conditions, it might be time to consider a change.
How To Save Money On Your Monthly Bills
Kyco is a member based buying group that ultimately aims to save Australians money on their energy, health and insurance bills. The more members we have, the more negotiating power we have to arrange low, long-term deals with service providers.
Kyco doesn’t play one provider off against another taking commissions of up to 30% like most comparison sites. Instead, we’re leveling the playing field with a low 3% capped commission. It’s free to become a member, and with no lock in contracts or unexpected price hikes, spending less on your annual bills has never been easier.