Smart Energy Saving Tips
According to Domain, Aussies are concerned about how much money they’re spending on energy, 40% of us to precise. Lockdowns and restrictions across the nations have resulted in more of us staying at home either for work or home -schooling our kids. So just how much are we spending, and what can we do to help curb the cost of powering our homes and putting extra dollars in our back pockets? Read on for smart energy-saving tips.
How Much Are We Spending On Energy?
Good question! If you ask your friends and family members, you may find that figures vary depending on the size of the home and the number of household members. Domain reports that just under half of Australian households spend above $300 per quarter, and 20% of us spend over $400 on our energy bills. That means roughly 60% of Australian households spend between $1200 – $1600 per annum on powering their homes.
Make Small Changes For Bigger Savings
Often, it’s 1 simple trick to cut your electric bill. Little things like turning off the power for devices at the socket when you’re not using them makes a difference. Are you someone who wanders around from room to room while leaving all the lights on when no one is in the room?! And speaking of lights, did you know that LED lights use approximately 80% less energy than halogen lights? They can be expensive to change out initially but try adding up the cost of changing them versus leaving your halogens in and running….
Cool Down On The Heating
Did you know that heating a home takes up about 30% of a typical household’s power bill? It can sound silly, but do you switch the heater on or put a jumper on at the first sign of the temperature dropping? Are you using electricity or gas to heat your home? And how old is your heating system? Chances are if your heater is 20 years old, you’re probably not using the most energy-efficient heater on the market.
Eco-Friendly Power Options
Speaking of energy efficiency, how energy efficient are your appliances? A more expensive washing machine with eco-friendly wash cycles can is more likely to reduce your power bill rather than using a less energy-efficient model. The same goes for your dishwasher. Washing dishes or clothes for that matter at higher temperatures will use more power and ultimately cost you more money. Consider upgrading your appliances if you haven’t already.
Greener Home Improvements
Solar Power, double glazed windows, and roller shutters can help reduce the cost of powering your home and keeping it cool in summer and warm in winter. While solar panels can be expensive to install, you could save hundreds on your electric bill per year if you get a powerful enough system.
Funding Power Saving Options
Suppose you’ve thought about making some energy saving home improvements or having a solar power system installed but have been put off by the cost. If that’s the case, you could think about taking out a personal loan. We have access to a wide range of lenders and would love to help you find a personal loan to help you make some power-saving home improvements. Give us a call, we love to help.