We all know that making your home energy efficient is good for your back pocket and the planet, but what actions can you make today to help you get started?

Check out our top ways you can start using less energy and save money now and in the future.

Change your habits

It might seem simple but being mindful of how you’re using energy around your home is extremely important. Be sure to turn off lights, heating, and cooling in rooms that you’re not using. Reduce the amount of energy your appliances use in standby-mode by switching them off at the wall when not in use, and if the switch is hard to reach invest in a remote-controlled adapter.

 

Go Solar

Installing solar panels to your home is a big way that you can do better for the planet and your wallet. Whilst there is an initial cost, the use of solar energy in your home can drastically reduce the amount of power you draw from the grid and reduce your power bill in the long run.

If you live in a particularly sunny area, you can also invest in a solar battery to store that sun-generated energy to use after dark.

 

Insulation is key

Believe it or not, insulation can have a big impact on how comfortable you feel in your home. Proper insulation can help keep out the heat in summer and hold in the warmth throughout winter. If you’re not building new, you can retrofit energy efficient insulation in your home and expect to see a reduction in the use of your air conditioner and heater.

 

Consider your hot water system

Hot water systems are the sort of thing we don’t tend to think about until you step into an ice-cold shower. However, if you’ve got an outdated hot water system it could be worth upgrading even if it’s not broken.

These are a substantial source of energy usage (generally more than the rest of your appliances combined!), and an older less-efficient unit could be driving up your power bill. Do yourself a favour and investigate how much you can save by investing in a modern system.

 

Look at your lighting

Simple yet effective, energy efficient lighting is a quick win when it comes to saving power and the planet. Replace your old bulbs with their LED counterparts which are longer-lasting and require less energy. These bulbs are available to purchase just about anywhere and don’t cost much more than the fluorescent alternatives.

Even better, consider opening your home up to let in more natural light during the day and reduce the number of lights you use all together. If you’re building a new home, this could mean installing a skylight to make the most of the natural sunshine.

 

Look for a better deal

You have probably seen the ads letting you know you can save a bucket-load by switching electricity providers. If it’s been a while since you reviewed your provider, this could certainly be true! Explore the market and see if you can be getting a better deal on your electricity and gas plan – you could even snag an extra discount if you have implemented sustainable practices (like the one’s we mention above) in your home!

 

Looking to make some energy efficient upgrades to your home? Our Personal Loan Special Offer has got you covered. Learn more: https://movebank.com.au/products/personal-loans/personal-loan-special-offer/

 

This blog post is for general information purposes only and is not intended as financial or professional advice. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product or other professional advice. You should seek your own independent financial, legal and taxation advice before making any decision about any action in relation to the material in this article. Railways Credit Union Limited trading as MOVE Bank ABN 91 087 651 090. AFSL/ Australian Credit License number 234 536 | ABN 91 087 651.

INSURANCE & FINANCIAL PLANNING
CONTACT US