The price of electricity is always increasing and a lot of people are looking for ways to save money and reduce costs. A major household expense is electricity and your electrical bill is also one of the easiest bills to reduce. Here are some ways in which you can reduce your household electrical bill starting with the most effective, the items which will give you the biggest monetary saving.

What You Can Do To Reduce Your Electrical Bill

Hot Water

geyser insulation

Manage your hot water demands. Your geyser or water boiler is probably the biggest user of electricity in your home. Although it is essential, you can do a number of things to reduce its consumption. The first is good insulation. Make sure your geyser is either sheltered from the environment or better yet, indoors. Next fit a thermal blanket around it to keep the heat inside the geyser. Every bit of heat that escapes costs electricity to put back in. Secondly, consider reducing the geyser temperature, the hotter the water the higher the losses and they are usually set unnecessarily high. Find out what is the hottest you need water in the house and then set the geyser for that. Why mix cold water with the hot in your shower, rather shower with water straight from the geyser that is the correct temperature.

Estimated Electrical Saving: 60% on an Uninsulated and Too Hot Water Heater.

Air Conditioning

pedestal fan

Lower your air conditioning demands. Air conditioning and heating are major electricity consumers for most households. The biggest reason for this is that we have become lazy and are unwilling to adjust our environment for the change in season. Consider cutting back tree’s and foliage in the garden to allow more sunlight into your household in winter to warm it up. Gas heating solutions are also much cheaper and more efficient for heating up your home in winter. In summer, keep windows open or partially close curtains in very sunny rooms to keep the heat out of your house. Also consider replacing your air conditioner with a simple fan which uses a fraction of the electricity.

Estimate Electrical Saving: Gas heating 70% on electrical heating (To cost of gas), Fan cooling 95% on air conditioning.

Change Your Lighting

led light bulb

Switch to LED lighting. LED light bulbs use a fraction of the electricity that incandescent bulbs use and even use considerably less than CFL light bulbs. They used to be a high cost lighting option however the price of standard LED light bulbs has come down significantly over the last year or two. First change the bulbs which are on for the longest period, those used for security or decorative lighting outside are usually on for most of the night.

Estimated Electrical Saving: 90% on incandescent, 60% on CFL light bulbs.

Get A New Refrigerator

modern fridge

Replace your old refrigerator. Old refrigerators are huge electricity consumers. If you’re using an old one in the garage just because it’s there or you haven’t considered replacing your kitchen refrigerator, now is the time to do so. Modern refrigerators are significantly better insulated so they run less often and their cooling technology is much more advanced to further reduce consumption.

Estimated Electrical Saving: 70% on an Old Refrigerator.

Replace Your Appliances

led tv

Upgrade your appliances. Modern appliances are designed with better control technology and are much more efficient than their old day counterparts. It may seem like a waste of money now but it can save you money in the long run. A simple appliance like a modern day LED TV can be up to 90% more efficient than a TV of ten years ago. Modern appliances also often have eco modes which are specifically designed to reduce water and electricity usage so you can save money on your water usage as well.

Estimated Electrical Saving: 60-95% on Old Appliances.

Using these tips, I have managed to reduce my electrical bill by 75%. My next project will be to see how much of my household electricity usage I can convert to solar power without it being ridiculously expensive to install.