7 Ways to Beat Rising Energy Costs in 2019
Whether you live in a flat or a large house, the rising cost of energy can be a big drain on your resources. It’s one of the major outgoings that both homeowners and tenants are concerned about, just behind mortgage and rent payments.
Fortunately, there are several ways you can help reduce these costs and make your home more energy efficient. Bring in a whole range of different approaches and you should be able to make a pretty big dent in your annual bill.
With some of the big energy suppliers upping their prices at the beginning of this year, we take a look a closer look at simple things you can do to cut those bills:
1. Swap Utility Providers
It’s often said that regular switching of utility providers can lead to substantial savings. Which makes us wonder why more people don’t do it. It often comes down to laziness or lack of knowledge.
Changing energy suppliers is relatively easy, however, and there are plenty of online companies and services that do it for you for free. In short, there’s no viable excuse why you shouldn’t do it.
Check out this comprehensive guide from the Money Saving Expert. The good news is that there is much more competition in the market nowadays and finding a better deal is relatively simple. You could be soon cutting your utility bills by hundreds of pounds if you find the right supplier.
2. Going Smart
Technology is helping us to save money on our utilities. There are monitors that can track your energy usage and smart solutions which can switch on your lights and heating at certain times to make sure you’re being more efficient. While it may take a little investment on your part, the long-term impact on your utility bills could be significant if you get it right.
3. Turning Off Standby Appliances
Not everything has to be high tech to save you money. If you leave a lot of your appliances on standby, you could be saving as much as £75 a year simply by turning them off when you are not using them.
4. Improving Insulation
How often do we check whether our insulation is up to date? If you haven’t been up in the loft in a while, it might be worth checking out. That’s simply because 25% of the heat we lose goes through the roof. The recommended depth of loft insulation is now 250 to 270 mm so you might want to add some more to improve your efficiency.
5. Switch to LED Lightbulbs
If you’re still using CFL bulbs (the ones that take time to warm up) or even filament lightbulbs, switching to LED can have a long term impact on your overall electricity bill. LED bulbs use less electricity and last about five times longer than other traditional bulbs and are well worth investing in.
6. Draught Proof Your Home
Draughts in winter can mean you end up putting up the heating and therefore spend more on your gas bill. Check your doors and windows to make sure the seals are working. If not, replace them with draught excluders which cost just a few pounds at your local DIY store.
7. Be Watchful
Simply paying attention to your energy usage can make a big difference too and you don’t need a smart meter. We all too often leave lights on when a room is not being used or have the television playing in the background when we’re not actually watching it.
Having a greater awareness of where you are wasting money can make a big difference and it’s easy to get into good habits.