Top Tips on Saving Money on Electricity

24 Mar, 2017 / By

Electricity is something that we all have to pay for. The bills seem to be increasing all of the time and it can be a struggle to find the money to pay them. There are many things that we can do to reduce our electricity costs though.

Generate Your Own

Generating your own electricity is something which is a lot easier to do these days. Technological advances have meant that solar panels, windmills and other electricity generation methods have become more affordable. It may be possible to generate enough to cover your bills and you may even be able to sell some back to the electricity companies as well. It is worth looking in to electricity generation and see whether you can do it. If you own your property then you are more likely to be able to do it. Make sure that you look at the return on your investment and see whether it will pay. It is not good paying for a generation method and saving money on electricity if the savings will not cover the costs in the long term.

Insulate Your Home

Home insulation is something which can save heat and cool loss. If you use heating or cooling systems then this is something that you should consider. If you own your house then it will certainly be worth investigating. If you are renting then it could be worth asking your landlord about it. It may be possible that they will be willing to help with certain insulating jobs. Obviously, it will only be worth you doing any work if you are going to be renting the property for long enough to make your money back.

Find a Cheaper Supplier

It is well worth looking around to see whether you can find a cheaper electricity supplier. This can save a significant amount of money. You can use comparison websites to help you, but it is better to do extra research yourself as well. You may even find that there are cheaper deals that you can get with your current supplier.

Reduce Unnecessary Usage

We probably all use more electricity than we need to. By just switching off things when we have finished with them, such as lights, televisions and computers, we can make big savings. It may seem boring to worry about this sort of thing, but once you get in to the habit of turning off lights and appliances when you leave a room, you will find it becomes a habit.

There are lots of small things that you can do to save electricity. However, some things are more major and costly. Generating your own electricity can mean a big investment, but there are big returns to be had. Changing supplier can take time and effort to organise but the savings for this can really add up. Insulation can also be expensive, but it can repay you in electricity savings, very quickly. Lastly, keeping an eye on usage and trying to reduce it can also be an effort to start with, but can make a big difference in the long run.

Jennifer Hamilton

Comments are closed.