Are you worried about the rise in the price of electricity? Do you think you pay too much? Don’t worry—saving on your electricity is very easy. We have tricks and tips to help you do this.
The price of electricity rose in August 2018 to $64.32, 35.5% more than in the same period of the previous year and 3.9 in July. According to the data of the Iberian Electric Market Operator (OMIE), it accumulates five months in a row of rising.
We cannot reduce the price of electricity in the wholesale market, which supplies the retailers that we later hire at home. Instead, we can take specific measures in our house to consume less and reduce our electric bill.
Watch the Appliances
It’s important to note that the appliances consuming the most electricity are the refrigerator, television, washing machine, oven, and computer. Even when not in use, leaving these devices plugged in can result in standby mode energy consumption. By turning off all devices on standby, you can confidently reduce your energy usage by up to 10%.
The refrigerator is, by far, the appliance that spends the lightest: a third of all household consumption, according to Endeca data. The washing machine accounts for almost 12% and the oven about 8%. If you also have a dishwasher, you will consume even more. Why? Heating water is a function that requires more energy.
“The appliances that consume the lightest are the refrigerator, the television, the washing machine, the oven, and the computer.”
To reduce appliance consumption, you can do two things. First, stop by the store and invest in new devices with energy labeling A +, A ++, and A +++. You are a mandatory seal that indicates its energy efficiency and performance. Although it seems to you that it is a lot of money, they are more than profitable in the long run.
Second, if you do not want to make this investment, use programs with low temperatures when using the washing machine and the dishwasher. For the fridge, try to keep it in a not ridiculously hot place, never leave it open, clean the back frequently, and monitor the temperature. Maybe it is not necessary to be so cold for the food you have.
Adjust the Contracted Power
Once you’ve optimized your appliance usage, it will be easier to save electricity if you pay attention to your consumption. The central part of your bill is the contracted power, which represents the amount of energy you can utilize to run your home efficiently. Contracted power is measured in kilowatts (kW) and is specified on your bill. To simplify, you pay for every kilowatt you utilize, in addition to paying for the actual electricity consumption. You can utilize this helpful calculator to assess the right amount of power to contract without exceeding or falling short.
Study Time Discrimination
Conserving energy by making minor adjustments to your daily routines is achievable. Time-based pricing is a method of electricity billing aimed at reducing consumption during peak demand periods. It operates based on peak hours (costly) and off-peak hours (more affordable). The least expensive hours are from 10:00 P.M. to 12:00 P.M. in the winter and from 11:00 P.M. to 1:00 P.M. in the summer. By shifting 30% of your household’s energy usage to off-peak hours, you may potentially save up to $70 per year on your electricity bill. Moreover, if you encounter difficulties aligning your appliance usage with the off-peak hours, you can return to the standard rate. This serves as an example of a practical approach to conserving energy.
Compare the Rates of the Marketers
Have you ever considered changing the company of light? Marketers offer vastly different prices. Some have offered to attract customers, which usually has significant advantages. Changing companies is an excellent way to save on the electricity bill. Do not worry; the supply will not be cut even if you change providers. The procedure is simple and free.
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