How to save on your household electricity costs
Many Kiwis look for many different ways to reduce their energy bills but every year spend more than they should have to. However, electricity industry expert, David Goadby, recently launched energyclubnz - the only New Zealand power company that doesn't profit from you using more electricity. He shares his thoughts below on how Kiwi households can save money on their electricity;
1. REDUCE HOT WATER HEATING TIMES
According to EECA Energywise – hot water can account for 30 per cent of a household's energy bill. A simple timing change can make a big difference. If you are reliant on electricity to heat your water do you really need it to be heated all the time? If your family mainly showers in the morning, your hot water heating probably doesn't need to be on as much during the day.
2. LIMIT USE OF YOUR TOP 5 CONSUMING APPLIANCES
Normally heat pumps, washing machines, dryers and dishwashers are included. This doesn't mean going without - it means you will now be aware of what the top five appliances are using the most electricity in your household. This could be an interesting activity to get the family involved! EECA provide an excellent summary on their website that will identify the costs of running these appliances.
3. CHECK YOUR DAILY FIXED CHARGES TO MAKE SURE YOU ARE ON THE RIGHT TARIFF
Call your retailer and check whether you are using under 8,000kWh per year and are being charged as a 'Low User'. If you are above 8,000kWh, in the North Island, you are a Standard user. Alternatively drop ourselves an email of your last bill (firstname.lastname@example.org) and we can give you a free bill health check.
4. SIGN UP TO AN ELECTRICITY COMPANY THAT HELPS YOU TO LEARN ABOUT YOUR CONSUMPTION HABITS
At energyclubnz we believe the biggest driver of efficiency in the household is our 'weekly real time billing' (payments are deducted two days later from your bank or credit card). As customers sit down for breakfast they are seeing their weekly bill from their smart meters up to midnight the night before.
5. USE YOUR HIGH CONSUMING PRODUCTS DURING OFF PEAK EVEN IF YOU ARE NOT ON AN PEAK/OFF-PEAK TARIFF
Most people are on a single rate that is the same all day, however, there are peak and off peak tariffs available.
You can make a habit to only use your high consuming products during off peak times. Otherwise, electricity retailers like energyclubnz may be able to help you save more by swapping your tariff to a cheaper one. "For example, my five appliances always go on after 9pm. Vector Off Peak times are 9pm to 7am and 11am to 5pm" says Goadby.
Every month, about 30-40,000 households switch electricity providers. It's as simple as filling in an online form of an electricity retailer such as energyclubnz - It's easy. Your current retailer will send you a final bill and you don't even need to speak to them. Energyclubnz can deliver electricity at cost to all our members for a small weekly Club fee (up to ND$5 per week.)
Energyclubnz is planning to be rolled out across the country in the next 12 months.
To find out more visit: https://energyclubnz.com/
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