For a lot of us, it feels harder than ever to save money in 2023, with inflation still going up and wages remaining stubbornly the same. At CheapBills, our priority is to help you find affordable energy plans and help you save money to stay in control of your household budget.
We’ve put together this guide of the best energy saving ideas in 2023 to help you reduce your electricity and gas bills so that you can spend your money on more important things.
ContentsHow To Save Electricity in 2023:
Smart Home Technology For Energy Savings
In 2023, smart devices and home automation are one of the best ways to optimise your energy efficiency and save money. Using your home’s WiFi network, you can control your temperature, lighting and appliances through an app on your phone or smart device, or take it one step further and automate these items to make sure you are never wasting energy.
CheapBills can help you compare energy plans to find the one most suitable for your smart home. Our experts will look at plans from our panel of preferred energy providers to find the right tariffs or bundles to help you save money.
Solar Power For Electricity SavingThe ways you can access and use your solar power in 2023 are better than ever. The improvement in battery technology and the increase in popularity of Virtual Power Plants (VPPs) means that you can almost eliminate your use of electricity from the grid.
To make the most of your solar power system, you should try to use the most energy when you are generating the most, during daylight hours, especially if you don’t have a solar battery. You should also talk to a CheapBills expert to help you compare energy plans to find a high Solar Feed-In Tariff (FiT). This will help you earn the most from the excess energy you produce from solar panels.
Heating and Cooling Electricity Saving TipsUsing the optimal temperature for your heating and cooling is not new in 2023 – it’s a tried and tested method to effectively reduce the amount of energy you use and slash your bills. By simply being aware of the right temperature you can make a huge impact on your electricity consumption.
Optimal summer temperature: many people are surprised to learn that their air conditioning should be set to 24°C in summer. Every degree below that you go will use a massive 5% more energy to cool your home.
Optimal winter temperature: your heating will be most efficient when set between 18-20°C, with every degree over using about 10% more energy.
These temperatures might look pretty different to your usual settings, but before you reach for the control, consider adjusting your clothing or your position in the room (moving away from windows can help) to make yourself more comfortable without adding to your bill.
Household Appliances – Energy Saving IdeasWhen it’s time to replace your appliances, choosing to invest in energy-efficient models is one of the best energy saving tips to save money in the long run. Look for appliances with high energy star ratings. This shows that they use less power, without compromising on performance.
Some of the biggest energy savings come from your high usage appliances, such as refrigerator, washing machine, dryer, air conditioner and dishwasher, so make sure you know the star rating of these power-hungry items to make substantial savings on your monthly bill.
Power Down and Unplug – Easy Energy Saving TipsSimply taking a few extra seconds to power down and turn off your appliances at the wall can save you over $100 each year in “vampire power”. Vampire power, which is the power that appliances use in standby mode accounts for a significant portion of wasted energy. Some of the biggest culprits include TVs, computers, microwaves, coffee machines and, surprisingly, electric toothbrushes.
Try to create the habit of powering down your devices completely after you use them, and consider using a master powerboard to easily switch off multiple electronics at once.
Off-Peak Energy For Energy Savings On Your BillIf your electricity is connected through a Time of Use (ToU) tariff, then you pay different amounts for the energy you use at different times of the day. Each state and provider has different off-peak and shoulder time periods, so it’s important to check the hours that apply to your plan.
Off-peak rates can be as little as half of the standard electricity rate for peak usage, so running your heavy-load appliances, such as washing machine and water heater, during these hours can make you some significant savings.
If you are on a single-rate tariff and would like to compare ToU electricity tariffs, call CheapBills for expert advice on the right plan for your energy needs.
Insulation – Ways To Save EnergyEnergy can quite literally be flying out the window, especially in older houses that are prone to drafts and inefficient window and door seals. One of the most effective ways to save energy is by properly insulating and sealing your home. This will ease the load on your heating and cooling system, leading to big savings on your energy bills.
If you are a homeowner, you can consider long-term insulation options, including ceiling and roof battens, double glazing and upgrading door seals. If you are renting, or looking for more budget-friendly options, floor rugs, door snakes, draught stoppers and window coverings will make a big difference.