No matter who you are and what your situation, if you live in a house, you (or someone you’re living with) will have to pay for the energy bills.
Which energy bills am I talking about? Gas and electric.
A recent report released by OFGEM (Office of Gas and Electricity Markets) states that the average variable tariff (based on average of dual fuel, direct debit and available paper tariffs from the six large suppliers at September 2017) is around £1,135 per year which works at just over £94 per month.
So without including any other expenses, you’re paying almost a £100 per month just to use gas and electricity! This figure is by no means small which is why it’s important for you to do everything you can in order to reduce it.
Fortunately, there are ways to lower these costs and we’ll outline a couple of them below.
In fact, some of the techniques we mention may even increase the value of your house so if one day you ever find yourself wondering “ How much could I get for it if someone were to buy my house” there’s a very good chance of you getting more for it!
1) Change your energy supplier
Using price comparison websites like Uswitch are the norm now and for good reason – They can save you a good sum of money if you take the time to use them. Price comparison websites provide it’s users with quotes from hundreds of companies and allow them to pick the cheapest one based on their needs all with the click of a few buttons.
However, it’s important to note that not all companies are apart of price comparison websites with many leading businesses choosing to steer clear of them.
What does this mean for you?
When deciding to change supplier do your research thoroughly and explore other options as well as using price comparison websites.
2) Be careful of the ‘Stand by’ button
Many people are under the impression that once they switch an electrical appliance off, it no longer consumes power – this is incorrect.
A number of appliances have a stand by function which allows them to start up again much quicker than if the appliance was switched off from the mains and had to restart again from scratch.
One appliance alone won’t add up much to your bill over the course of a year but if you’re doing this with a number of appliances you will no doubt be overpaying on your bills and losing out. The fix is simple – When you’re done using an appliance switch it off from the mains and you won’t have to worry about it again!
3) Replace your bulbs
For the time it takes do change your light bulbs the amount you can potentially save is well worth it.
The idea is to change your incandescent light bulbs (most common bulbs) with compact fluorescent (CFL) light bulbs. Experts estimate that fluorescent bulbs use around 25%-80% less energy than incandescent bulbs.
4) Insulate your house
Insulating your home will reduce heat loss which in turn will lower your heating bills. There are many ways to go about insulating the different parts of your home, some of which include:
- Cavity wall insulation
- Roof and loft insulation
- Draught proofing
- Floor insulation
You will of course have to pay for any type of home insulation but as long as you get the job done by professionals, in the long run you will save more than what you pay for it!
5) Get a new boiler
Good quality boilers require significant investment. Including installation you could be looking at a fee of around £3000 so if your priority right now is to save all your money, it may not be the best idea.
This being said, changing your boiler will definitely save you money over time. The amount saved varies depending on the the type of house you live in, it’s age and how inefficient your current boiler is. Visit The Energy Savings Trust for more information on how much you could potentially save.
6) Invest in energy efficient appliances
Investing some money into more energy efficient appliances will ultimately save you money. The more of these you invest in, the more you will end up saving.
When searching for appliances that use less energy, look for the Energy star logo. Appliances with this logo are the same as other products but use less energy. To earn the energy star logo, appliances must meet strict energy efficiency criteria.
So there you have it, 6 smart ways you improve your homes energy efficiency and save money on your bills.
All that being said, whether you decide to implement these changes, there are businesses our there that guarantee to buy any house in any condition. One of these said companies is Housebuyers4u so if you’re looking to sell your house fast don’t hesitate to get in touch.
Ultimately we hope the tips in our article will go a long way in helping you save money and improve your lifestyle!
Housebuyers4u is one of the oldest & most reliable cash home buying companies around. With over 42 years experience in the property industry the experts at our firm can help with all your property needs. We at Housebuyers4u are true cash buyers, this essentially means we buy everything with our own funds – there are no middle men involved. By operating this way we can actually guarantee a cash offer regardless of location/situation & complete the purchase of your home as quick as 7 days – no chain.