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The Times Real Estate

How to Reduce Your Power Bill



One unexpected effect of the post-covid "new normal" is its impact on your power bill. Understanding how to reduce your power usage and becoming more efficient will save you money.

Rising Electricity Costs

Spending more time at home means you're using more electricity than usual, and the rising power costs aren't helping matters. That said, there are numerous opportunities to save on your bill.

Here are some thoughtful solutions to manage your power bill:

Adjust Your Laundry Habits

If you use cold water on the shortest wash cycle, you can save plenty of money on your electricity bill. Limit your laundry days to once a week or until you have a full load for your washing machine's efficiency. Also, give your dryer a break and hang your laundry outside to dry.

Cook More Efficiently

Food preparation involves lots of energy: storing food in the fridge, reheating leftovers, and cooking meals on the stove. Plan to move frozen food to the refrigerator to thaw overnight and let food cool completely before putting it in the fridge. Use small appliances like microwaves, electric frying pans, and pressure cookers because they're more energy efficient than your traditional electric oven.

Embrace the Weather

When it's hot, open the windows and utilise natural lighting. Open the windows to cool the room rather than turn on the air conditioning. Use lighter bedding to stay cool overnight, too.

When it gets cold, ensure your windows seal properly to keep the warmth inside. Switch to heavier bedding, and close the doors and curtains. These simple adjustments reduce your air conditioning use all year round.

Upgrade Your Lighting

Energy-efficient light bulbs like LEDs use much less power and last longer than halogen or incandescent bulbs. The high upfront cost of upgrading your lighting is well worth it in the long run, as you save up to 80% of the energy spent on lighting your home.

Switch Off the Sockets

Unplug appliances like your microwave or TV from the wall rather than leaving them on standby. Also, unplug your phone and laptop chargers when not in use because they draw electricity even when no device stay connected.

Install an Off-Peak Water Heater

Another great way to reduce energy bills is by upgrading your hot water system. Find out if you can install an off-peak storage system that heats your water when power is cheaper and then keeps it hot until you need it.

Check your billing arrangement to choose the best tariffs that suit your household hot water patterns. Alternatively, switch to a solar water heater for a sustainable long-term solution.

Repair Your Roof

If the heat from your home is escaping from the roof, you end up overworking your heaters and paying more for your power bill. Instead, inspect your roof and insulate your ceiling to improve your home's heating and cooling efficiency.

As you can see, you can make a big difference in your energy consumption by making small but significant home adjustments. Sometimes, these changes have a high price tag, such as upgrading your water heater or insulating your property. Consider them an investment to slash your electricity costs for years to come.

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