Cutting down on your bills can really save you money

Mar 28, 2012   //   by Kyle Needham   //   Home and Living, Money Saving Tips  //  Comments Off on Cutting down on your bills can really save you money

The easy way to slash your bills

There may not be anything you can do about the constantly rising electricity prices, but there are little changes that you could be making around your house right now to save money on your energy. If you’re feeling stifled by an ever-increasing energy bill, take these shortcuts to a more efficient home and a more reasonable energy budget.

1. Call your energy company. With nearly nine million UK citizens experiencing ‘fuel poverty’, hearing from customers who can’t make a payment in full is not a new occurrence for energy companies. The first thing you should do if you can’t meet your energy bill all the way is get on the phone and get in contact with someone from your energy supplier. You may be able to sort out a payment schedule that permits you to catch up with what you owe over time.

2. Switch providers. If all else fails, try working with a new energy company that can offer you lower prices and better service. With the backlash against major energy suppliers, many smaller energy companies have cropped up to provide service with a different philosophy in mind–and it’s one that better suits the customer. To compare energy prices and find out what new suppliers are servicing your area, all you have to do is go online.

3. Re-evaluate your insulation. Many homeowners are surprised that their houses aren’t fitted with the insulation that it needs to maximise the effects of the energy that goes into heating a home. You can upgrade your insulation by heading to a home improvement store and choosing fiberglass or cellulose material, which are both inexpensive and usually composed from recycled substances.

4. Set up a direct payment for your energy bills. Some energy providers are willing to give discounts to customers who pay electronically, which is an easy and passive way to cut your bills because once you set it up, you won’t have to worry about it again. The main advantage to the supplier is that they will get paid on time every time, and it can be convenient and cheaper for you.

5. Make small installations that save over the long run. Did you know that compact fluorescent light bulbs are more efficient than incandescent lights? And installing a low-flow shower head can cut down on the amount of water that you have to heat. Small additions like these to your home can add up to big savings, so search for inexpensive fixes to your greatest energy expenditures to save money.

6. Upgrade your big appliances. In addition to small instalments, the big appliances can have an impact on your energy budget. New refrigerators and dishwashers are more efficient than a model that is ten or even five years old. But if you can’t afford an upgrade right now, make sure that your old appliances are running as efficiently as possible. Clean your refrigerator coils to cut its energy expenditure by up to seven per cent, and lower the hot water heater to 120 to 130 degrees Fahrenheit to get dishes clean for less money.

These are just a few of the easiest ways to slash your bills. Challenge yourself and your family to come up with even more ways to conserve energy to maximise your savings.

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