How to reduce your energy costs
Updated: Jul 12
‘Energy Made Easy’ is a free, Australian Government service. Go to energymadeeasy.gov.au and enter your postcode, number in your household and a few additional facts.
A comparison takes 30 seconds, so there’s no excuse
To get a more accurate comparison, upload or enter your most recent bill.
As an absolute minimum, we should be contacting our existing provider for their best deal.
If you don’t ask, you don’t get!
Additional resources on the website include; comparing usage to other households; tips for saving energy; how smart meters can save you; and more efficient appliances.
Reverse-cycle air conditioning is the cheapest way to heat your home, but a large up-front cost. Portable electric heaters are cheap but have much higher running costs.
Actions like understanding energy tariffs, peak and off-peak times, sensible settings for climate control, reducing hot water use, getting rid of the second fridge, using the dryer less, turning off appliances at the wall and using LED lights can save you hundreds.
Take it to the next level with solar panels
Many state governments provide energy rebates, for New South Wales go to energysaver.nsw.gov.au or search your state government website.
So wrapping up, here are my top 3 tips -
1. Compare providers or call your existing provider;
2. Review the big 4 in this order; climate control, hot water, appliances and lighting; and
3. Claim any rebate entitlements.
Important information - This information may contain general advice. It does not take account of your objectives, financial situation or needs. You should talk to a financial adviser before making a financial decision.