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10 Tips to Save Money on Energy Bills
Ignore the Indian Summer – it’s October now, which means pretty soon it’s going to be cold. And dark. If that’s not depressing enough, energy bills are going to go up this year, too!
But you can save cash on your energy bills by following a few simple tips. Follow these 10 money savers now to save money on your energy bills.
1. Combine gas and electric bills. This is more often cheaper when bills are paid together rather than separately.
2. Go Online. Paperless billing will save you cash, as energy providers don’t like to send out paper bills and generally incentivise customers to go online.
3. Drop your thermostat a couple of degrees. You’ll hardly notice the difference in temperature, but you will when you come to reading your fuel bill.
4. Use energy efficient light bulbs. They use less energy and will last longer, saving you plenty of cash.
5. Direct debit. Energy companies love nothing more than payment via direct debit. It means they are getting their money on time, in full. Paying via direct debit typically offers reductions it total bills, and it also means that you should never face a charge for late payments.
6. Know your tariff. Find out what rates you are paying for your existing energy package and if you think you could be on a better tariff tell your supplier and threaten them with moving elsewhere. It may get you a better overall tariff.
7. Fixed-rate. As with all things that fluctuate up and down, fixing your costs can be both positive and negative. If you think energy bills are going to rise in the future, you may want to think about fixing now.
8. Compare and monitor. Monitor the cost of your existing energy supply and compare rates online. Regularly review your energy costs to ensure you are on the best possible deal.
9. Go smart. Getting a smart meter installed in your home means that you will be able to gauge a more accurate meter reading, this will significantly cut the risk of over-paying for your energy each month.
10. Insulate. If you can afford to have the insulation of your home improved do it, as this will have a significant impact on how much energy you use in heating your home. Loft and cavity wall insulation will make your home far more energy efficient.
Moneyextra.com recommends you take independent financial advice before acting on any article
Back2011-10-03 16:07:54 © Moneyextra.com