Electric Revenue: 5 tips to limit the damage of rising energy costs

Posted by Josh Dolan on Oct 13, 2017 12:45:46 PM

I’m sure you’ve heard the news and received the bills; the cost of electricity is rising. This trend shows no sign of slowing, with three major Australian power providers predicting another 20% increase in costs next year. This will result in some residents forking out an extra $500 a year to cover their annual electricity and gas bills. It’s now more important than ever to be conscious of your consumption, and this post will provide you with 5 simple tips to maximise your energy efficiency.

Tip 1: Fridge placement and use

The fridge can be the single biggest power consumer in many households, and its consumption makes up 13% of a power bill on average. In order to have your fridge running as efficiently as possible, make sure it is placed in a cool location, ideally away from direct sunlight, and with separation (for ventilation) between it and surrounding walls. Also, ensure the fridge isn’t overstocked and its doors are closed as often as possible. 

Tip 2: Smarter Air-conditioning

In winter, heating can make up as much as 30% of your power bill. To save on costs, ensure all doors and windows are shut when the household air is being conditioned. As well as this, dress appropriately with the temperature outside so you’re not greedy with your desired temperature inside.

Tip 3: Use lamplights

Table and floor lamps can be a lot more efficient than overhead lights as their globes generally require fewer watts to operate. Choosing a white or lightly coloured lampshade and placing them near reflective surfaces will ensure lamps provide maximum illumination with minimum electricity costs. 

Tip 4: Washing Machine cycle

You can save around $115 a year by choosing a cold cycle rather than hot. Furthermore, selecting the shortest appropriate cycle and washing less frequently will save even more power and water. Plan ahead with your choice in attire to ensure you are not running unnecessary loads. 

Tip 5: Cooking and cleaning efficiency

Microwaves and pressure cookers are much more energy efficient than electric stoves and ovens. Ensure you use them as much as possible to defrost or pre-heat; this will reduce the time spent cooking food on the stove or in the oven. Use the dishwasher as little as possible: they are very inefficient in water and power use.

These are just 5 of the simpler tips to help you prepare for yet another rise in energy costs. Ideally, you will be able to employ them all today to start saving straight away. Of course there are many other ways to save power, and I encourage you to actively seek them out: energy efficiency is becoming an increasingly important practice!