Financial Goal

Smart Ways to Save Money on Electricity

5:15 PM



Energy bills account for an essential part of your household budget. Only rent or mortgage payment can surpass your electricity bills. Try to evaluate available options in your area. It may help you to get a suitable contract to decrease your expense. Compare rates of electrical companies and select the company that offers the lowest cost per kilowatt-hour.


Some companies may offer off-peak hours when the electricity rate is low. Use this time for cooking, to run dishwasher or washing machine. In this situation, you may need extra cost for metering hardware. To manage your electricity bills, you will need an energy plan. Feel free to compare your plans with the help of iSelect. Visit their website https://www.iselect.com.au/energy/ to select a suitable plan. Here are some smart ways to save money on electricity.

Energy Efficient Tools

Avoid the use of bigger devices that you don’t need. Prefer the use of small pressure cooker. You can save money with energy efficient tools. Evaluate the stand-by consumption of devices. Select an appliance with a label of Energy Star.

Unplug Unnecessary Devices

If you want to save money, it is essential to unplug and switch off devices. Use one power strip with some switches so that you can flip them to unplug appliances. Without an on/off switch, you can use plug connectors. Connect your loudspeakers and TV with one plug connector.
Moreover, use a separate socket for DVD record. A few power adapters may consume energy. Try to unplug them if you are not using them.

Fridge, Freezer, and Refrigerator

Put every cooling device in a cold location. Keep it away from different heating sources, such as energy consuming devices, direct sunlight, and radiators. Each cooling apparatus must be placed at least 2 inches (5cm) away from your wall. It is necessary to promote air circulation.
Increase the inside temperature of cooling devices, such as 45°F (7°C) is sufficient for the fridge. The 0°F (-18°C) is necessary for your freezer. Keep your devices tidy. Label every item in your freezer. It will help you to increase the efficiency of your devices. Use padding to fill unused space, such as polystyrene, a blanket or newspaper. Doors of all devices should be closed. Defrost your freezer if you notice layers of ice.

Change Regular Bulbs

You have to find effective places for light switches and lights. Choose bright colors to paint every room. The brighter walls can reflect more light. In a bright room, you will need less light. Immediately change your light bulbs with fluorescent bulbs. With this economical option, you can decrease your energy expenses.

If you want ceiling floodlights, you must choose L.E.D types. Install dimmer switches to control the brightness of CFL, LED or other types of bulbs. Replace regular bulbs with energy-saving bulbs. CFL and LED bulbs will need less electricity. These may last for a longer duration. They are expensive than standard bulbs but decrease your energy consumption. Turn off unnecessary lights and fans of your house. It is an excellent way to reduce your expense.   





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