A great way to manage energy costs is to make sure you are using electricity efficiently in your home. This can help reduce the variable costs on your electricity bill. Home appliances make up about 30% of your energy costs so as a starting point, log on to our myEnergy service to find out when you use the most electricity daily. myEnergy uses information from your smart meter to track electricity use. This will help you to understand what appliances are consuming the most energy: heating, cooling, lighting or even a pool pump. This can then help you plan for using your appliances smarter.
Best ways to save money on power this summer
- Set your air conditioner to around 24 to 26 degrees. Depending on the size of your unit, a one degree change can save 10% on cooling costs.
- Turn off appliances at the plug when you’re not using them. Standby power can account for more than 3% of your energy bill.
- Keep rooms shaded from the sun and heat with curtains or blinds.
- Use dishwashers or washing machines in the morning or at off-peak times in the evening.
- Air dry laundry rather than use clothes dryers
This is usually one of the largest users of electricity in your home. The reality is, the harder your air conditioner has to work to heat or cool your home, the more it will cost to run. By simply changing the settings by a few degrees, you can make a big difference to energy costs.
In winter, set the heating for around 19 degrees and in summer, cool the home to around 26 degrees. Your home will still be comfortable in the seasonal extremes but you’ll save running costs on your electricity bill. Depending on the size of your unit, a one degree change can generate up to a 10% reduction in heating and cooling costs.
For more tips visit Sustainability Victoria to make sure that you are getting the most out of your air conditioning systems.
Sealing and insulation
If your home is draughty or poorly insulated, your air conditioner will have to work hard to achieve and hold the temperature you’ve set.
Finding and eliminating draughts in your home is another easy way to save on electricity bills. By weather stripping gaps and cracks in windows, doors, and vents, you can minimise cold air in winter and hot air in summer leaking in. The Australian Energy Foundation has put together helpful tips on how to identify and minimise draughts in your home.
Energy Rating labels are found on appliances like televisions, computers, dishwashers, washing machines, fridges, freezers and dryers. These will help you compare different models based on how much energy the appliance will consume in a year and a star rating for efficiency.
So the purchase price should not be your only measure in making decision on which appliance to buy. When possible, choose appliances that suit your needs and are the most energy efficient. This will help you save electricity and money over the life of the appliance.
Also make sure:
- You buy the appliance that is the right size for your home and has the features you need. You don’t want to pay for an air conditioner that is too big and powerful for the room or technology you do not need.
- Appliances are positioned and installed correctly for best performance. For example, putting the fridge next to the oven in your home will make the cooling system work harder.
- Appliances are well maintained so they keep working efficiently.
For further information about choosing energy efficient appliances, visit the Australian Government’s energy rating website.
We’re progressively changing all old street lights to LED lights to help communities save money. By doing the same thing in your home, you can save around 16% on annual lighting costs.
LED and compact fluorescent lights are not only more efficient but also have good light quality and instant start up-times. Through Victorian Energy Upgrades, you can get an accredited installer to upgrade the lighting in your home for free.
How you use electricity
Changing simple habits can save money.
Easy ideas like turning off lights when you leave a room, keeping the oven door closed while cooking, air drying washing where possible, will all help reduce electricity consumption.
For more energy saving tips, visit the Australian Energy Foundation.