Water, electricity, cable, heat – all of these services are all essential to most New Zealand households. Unfortunately, this necessity also makes these utilities expensive, with electricity bills alone amounting to over $2,000 each year for many.
To help you reduce your utility expenses, we’ve put together a quick guide full of practical, money-saving practices. In addition to these practices, we’ll also provide various resources for products and services that can make saving money on utilities much easier.
Cut down on heated water
Whether your hot water cylinder runs on gas or electricity, the total annual cost of heating water is usually between $900 to $1200. This cost can rise even more if a household happens to be liberal in its use of hot water.
Fortunately, these annual costs can be reduced by following practices such as taking shorter showers, running your washer on cold settings, and switching off taps when not in use.
Studies suggest that a family of 4 could save $18 a week or $900 per year just by taking shorter showers. While it may take some getting used to, this is extremely practical and applicable to almost any household.
Invest in energy-efficient appliances
When we suggest investing in more economical appliances, we don’t expect you to go out and buy an energy-star rated fridge or AC. But, if you happen to be in the market for a new appliance, finding an energy-efficient model would certainly make saving much easier.
Alternatively, smaller, more economical appliances like LED light bulbs, air-fryers, vacuums, and cooktops can be fine, energy-saving additions to any home. Cumulatively, it is expected that a house running on energy-efficient appliances could save hundreds of dollars each year.
Regulate power usage around the household
Aside from making your home eco-friendly, reducing your power usage will result in a lower charge from your power company. According to studies conducted by the Electricity Authority of New Zealand, household energy-saving practices could contribute savings of up to $200/year!
To achieve such savings, the Electricity Authority simply recommends switching off unused lights, turning off TVs, and setting timers on appliances whenever possible.
Use your heat pumps and ACs efficiently
Running a heat pump or air conditioner efficiently can help contribute to your annual utility savings. Since heating accounts for 35% of most household power bills in the winter, efficient heating practices can help generate savings of up to $400 per year.
A commonly accepted practice to run heat pumps more efficiently is to set them on a timed routine that activates the heater 15 minutes before use. This ultimately lets you run your heater on a lower setting while still being able to come home to a warm cozy atmosphere.
When these practices are combined, they can help you save hundreds if not thousands on your utility bill. To make sure you have a reliable reference, we’d recommend keeping this article in your back pocket so you’ll always have access to energy-saving means.