How to save on your power bills

Power bills can be one of the largest outgoings for any family – but can also be an easy place to start when you want to make savings to the household budget.

Just a few small changes can have a really big impact.

How to save on heating and cooling

It’s time to dial down that thermostat and get clever with your energy solutions.
In winter, throw open the blinds and curtains every morning and let the natural sunlight warm up your home.
In the warmer months, do the reverse and use the window coverings to trap the heat outside – and save money in the process.
Leaving the heating on all night is a huge power sap. Try using hot water bottles or an electric blanket for a more cosy and efficient option.

Savings on lighting options

You may be able to save on your power bills by switching over to energy-efficient lighting.
LED bulbs last up to 40 times longer than traditional incandescent light bulbs, and they use considerably less power. A safer DIY option, they use light instead of heat to release their energy and operate on a very low voltage.

Choose energy-efficient appliances

Choose appliances that both meet your needs and have good energy ratings.
A large wall oven may look impressive but it can use more power than necessary. You may be able to save money by cooking smaller meals in a convection oven, for example.
Always think of alternatives to traditional, energy-gulping appliances.

Solar energy

Packed with value and a renewable energy source, solar panels are a great option for both potentially saving cash and helping the environment. What was once an expensive and niche solution is now considerably cheaper and far more accessible.



This article is written to provide a summary and general overview of the subject matter covered for your information only. Every effort has been made to ensure the information in the article is current, accurate and reliable. This article has been prepared without taking into account your objectives, personal circumstances, financial situation or needs. You should consider whether it is appropriate for your circumstances. You should seek your own independent legal, financial and taxation advice before acting or relying on any of the content contained in the articles and review any relevant Product Disclosure Statement (PDS), Terms and Conditions (T&C) or Financial Services Guide (FSG).

Please consult your financial advisor, solicitor or accountant before acting on information contained in this publication.