With the current cost of living crisis in Australia, we are all looking to save money were possible. We have put together some tips that you can implement immediately to help you save money around the home.
- Change to LED lighting
Compared to incandescent, halogen and even compact fluorescent (CFL), LED bulbs use less energy and last up to five times longer while only using 2 – 10 watts of power. This means that switching your home to LEDs will save you energy and money.
- Change to a heat pump system
There is a variety of hot water systems available, with the most common systems being gas or electric. While these types of systems are still very effective and widely used, they are not as energy efficient as heat pumps. Not only can you expect to save around $110 annually on your energy bill, but you may also be eligible for a rebate for the purchase and installation of a heat pump.
- Harness the power of the sun
Sunny Australia is the ideal climate for using Solar Power, and more Australians are starting to take advantage of the many benefits it brings. It may seem like a large upfront cost, however thanks to our finance partner, you are able to offset your energy bill with your solar repayments on a 0% interest finance plan. To find out more on the benefits of using solar power, click here.
- Install a water filter
Don’t spend unnecessary money every week buying bottles water, soft drinks, or other bottled beverages. By installing a water filtration system in your home, you will no longer need to spend extra on bottled drinks. Water filtration systems also removes potentially harmful chemicals such as chlorine while removing odours and particulate matter. Here is everything you need to know if you are thinking about installing a water filter.
- Look at alternative ways to heat and cool your home
Australian homes use around 30-40% of their energy on heating and cooling. There are many alternatives’ ways to heat and cool your home that will save you money. Check out our guide to keep your home cool over Summer.
- Check for any water leaks in the home
A dripping tap may waste 2,000 litres of water in a single month! Engage a licensed plumber to check your home for leaks as not all leaks are visible, and ensure all leaks are fixed to save money on your water bill. Here is some more information on water leaks and how to find them.
- Change to energy efficient appliances
While new appliances might seem quite costly, buying energy efficient appliances does pay off in the long run as you’re not using as much energy – so your electricity bills are cheaper. Some appliances can be used for decades if properly serviced, therefore paying a little bit more upfront can lead to big savings over time. Click here to find out more about your appliances energy ratings.
- Be mindful of your water and electricity usage
One of our most important tips to saving money is being mindful of your water and electricity usage around your home and garden. There may be many instances where you are using excess water or electricity that you are unaware of. If you can get the entire family involved, you will be surprised at how much you are saving and the impact it will have on your home.
- Only use the dishwasher and washing machine when they are full
A dishwasher and washing machine are both more efficient than washing by hand, however it is important only to use the machine when it is full to avoid unnecessary water and electricity usage.
- Switch the washing machine to cold water
Do you know that around 85% of the washer’s electricity is used to heat the water? Not only will using cold water save you money, but it also helps to preserve the colour and extend the life of your clothes. Another way to save money and water is to reuse the grey water from your washing machine into your garden. Just be sure your laundry soap is eco-friendly.
- Install a rainwater tank
Rainwater tanks are a great addition to any household – this water can be fantastic for watering gardens or yards, or even drinking with the right filter installed. Finding a way to capture rainwater or filling the pool with water from a rainwater tank will also save you money.
- Air dry clothes
If you have the space, invest in a clothesline or drying rack to hang up your clothing to dry. Not only will you save on the cost of electricity, but your clothes will also last longer than if routinely dried in a clothes dryer.
- Unplug unused appliances
Appliances connected to power when not in use are responsible for a large contribution to our electricity bills, even when they are seemingly not using power. By unplugging unused electronics and appliances, you will avoid using excess electricity. Only plug in things when you need to use them.
- Repair small things ASAP
When you notice something in your home is beginning to break or wear out, don’t delay repairs. A simple bad smell in your drain can turn into a major repair project that drains your bank account. The same is true of your car.
- Call your current service providers
If you get complacent about the services you pay for, you may find you are paying way more than you should. When you have a good grasp of what you are paying for your water, gas, or electricity, give your provider a call to find out what can be done to lower costs. Many service providers will try to keep your business by reducing your bill, and the worst that can happen is they say no.
If you need a plumber or electrician to help with any of these tasks, call us now on 1300 674 797.