6 Practical Tips Saving Money On Energy Bills

30 November 2022 | Finance, General

Follow our advice and recommendations for simple methods to save energy, lower your bills, and lessen your carbon footprint. There are numerous options available to you whether you are a homeowner, a private or social tenant, a student, or live with your parents. We are all accountable for the energy we consume in our homes. Check out our brief tips below to see how you may save up to £350 per year on your costs.

Tip 1 – Uncover Your Radiators

Space and water heating can account for up to 50% of total energy costs. Regardless, many consumers place furniture in front of their radiators. This impairs the ability of warm air to flow around the room, causing radiators to operate longer and cost higher on your bill. Locate your radiator and buy some reflective foil and place it between your radiator and the wall to prevent heat from escaping and redirect it into the room. Consider shutting off the radiators in rooms that are not in use.

Tip 2 – Insulate Your Loft Space

A poorly insulated attic might lose up to 25% of heat. Install 30cm of insulation in your attic to save money. This is available at most home improvement stores. An open, unused chimney may remove all of the hot air from a room in about one hour. The cheap option to reduce draught from chimney can be blocking it using everyday items such as a cushion in a plastic bag. Do not forget to remove the items if you want to light the fireplace.

Tip 3 – Unneeded Charging

Excessive charging and leaving devices on hold can take a lot of energy. Don’t leave your phone charging overnight when it just needs a few hours to be charged, and unplug any gadgets that aren’t in use all the time. Additionally, consider automatic timer plugs, which reduce the energy usage of equipment not in use overnight.

Tip 4 – Energy Star – Rated Goods

Think about buying an energy-efficient refrigerator if you can manage it. An older, inefficient refrigerator may run more than €200-300 to operate each year, compared to a newer, high-energy refrigerator. Any equipment should be used carefully; avoid putting overheated food in the refrigerator, and keep in mind that a refrigerator that really is 70% full or less operates considerably more properly than those that are completely full.

Tip 5 – Purchase A Smart Thermostat

By installing a good smart thermostat, you can increase your energy savings. Smart thermostats, in fact, have the potential to reduce energy costs by up to 20%. Every year, this could result in hundreds of dollars saved. Smart thermostats are extremely beneficial to homeowners.

Tip 6 – Water Heating

Faucets and appliances can consume a lot of hot water, which is highly priced. By using and wasting less hot water in your home, you can reduce your water heating costs. Water heating is your facility’s second-highest energy expense, accounting for approximately 19% of your electricity bills.

Author

  • Danielle Stone

    She has been writing professionally for 8 years, with articles published in various print and online publications. She is an avid researcher and strives to bring her readers the most up-to-date information and insights on the topics she covers. Danielle is also an expert on home renovation, interior design and construction, and she loves helping homeowners turn their dreams into realities. When she’s not writing or editing, Danielle enjoys spending time with her family, gardening and exploring nature.

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