Electricity Bills

Slash Your Electricity Bills: Energy-Saving Tips That Really Work

Are your quarterly electricity bills stressing you out? You’re not the only one. We’re all experiencing the squeeze of the cost-of-living crisis currently unfolding in Australia, but rather than resignation, we should be planning to tighten our belts and save where we can.

Switching suppliers is an absolute guarantee of saving money, but there are also some other tips and tricks you can employ before you reach there to minimize your electricity bills. Let’s discuss them.

Comprehending the average costs of electricity

Before you proceed to every tip and trick in this article on how to lower your electricity bills, you must know the average energy cost per household. This difference is affected by factors like the distribution network and the types of plans available, and we’ve discussed this in depth when talking about the average electricity costs in Australia.

You may look at your electricity bill to find out what your current usage is and whether you have been charged for actual use or estimated use. You may also inform your electricity retailer of your current meter readings so that you get an exact bill charged.

How to lower your electric bill

We have compiled all the tips and tricks that we could come up with to help you lower your bills so that you can save energy and money at the same time.

Compare electricity providers

The easiest and best way to lower electric bills is to determine if you have the correct provider to begin with. If you’re already paying too much currently, you may be able to save money by switching.

Electricity is not a set and forget service like water; it’s a competitive market with numerous retailers who trade different deals, bundles, and bonuses. Switching to the cheapest energy retailer could mean big savings.

The difference between the cheapest and most expensive energy plans in your postcode could be huge. When researching plans on the internet, select plans that are cheaper than the reference price.

Replace your lightbulbs

Replacing incandescent light bulbs with energy-saving bulbs is an inexpensive and simple step to cut your electricity costs. Incandescent bulbs are more energy-hungry and require less life than light-emitting diodes (LEDs).

LED light bulbs save 80-90% energy, produce lighter, and last up to 10 or 20 times longer than incandescent bulbs. Some suppliers even give LEDs free with new customer offers.

How you’ll reduce your electric bill: Switching to LED light bulbs reduces electricity bills due to their energy efficiency and longevity. LEDs use up to 80% less energy than incandescent bulbs and can last up to 25,000 hours, compared to 1,000 hours for incandescent bulbs. Their lower heat output also reduces cooling costs.

Go solar

Though it’s an upfront cost, installing solar panels has some long-term advantages of cutting down on your grid dependence and saving you money.

If you’re thinking about going solar, there are a few things to consider, including choosing an appropriate home solar power system, choosing the appropriate size, finding an appropriate solar panel installer, and choosing the most appropriate electricity plan for solar customers.

Check for electricity rebates

In some states, federal government energy bill relief payments don’t have to wait. Several rebates are designed with different needs in mind for consumers, but it’s a good idea to contact your state to determine what’s available to you.

Compare providers for the best deal

Now that you know how to lower your current electric bill and understand how to save on electricity in Australia, why not give the Utility Market team a call? We’ll help you switch to a new provider and secure the best offer available.

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