How to save money on your electricity bill

how to save

We’re starting a new year and you’re probably wondering how to save on your electricity bill. After a brief respite in energy prices, we can see electricity prices rising sharply again. This means that final energy bills will rise again and that will once again affect our pockets.

how to save

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Tips to know how to save on your electricity bill

But that’s what we’re here for. Throughout this article we’re going to show you a series of tips that will help you make sure you save money quickly on your monthly electricity bill. All the types that you can check will help you reduce the amount of your bill without it affecting your day-to-day life too much.

 

1- Go from PVPC Rate to free

It has been shown that more and more people are switching to the free rate because the savings in many cases are considerable. However, to certify that the change is appropriate, it is important to follow the following steps.

  • Analyze the different free market rates.
  • Compare the cost we would pay in the free rate versus the current PVPC.
  • If we notice that the savings are considerable, we should request the change from the electric company, which will take care of everything.
  • The change is only in the marketing company, the installation will remain the same.

 

2- Adjust the adjusted Power

It is important to adjust the power setting to the actual energy usage we are making. Many people have more power than they should and this causes the final electricity bill to be higher than desired.

  • Analyze your bill to find the highest energy peaks.
  • If you have contracted more power than you need, request a power reduction.
  • In a few days the power will have decreased and you will start saving on your monthly bill.

 

3- Invest in Solar Panels

If your budget allows it, investing in solar panels can be a good option. It is true that the initial investment is high, but in the medium and long term you will be able to see how to save a lot of money.

  • Compare different options and choose the solar panel installation that best suits your needs.
  • If you cannot afford the cost of installation, you can apply for a personal loan to pay for the panels. Even by financing the panels, you will be able to pay off the purchase in a short time.
  • There are companies that buy the excess energy that we may have with the panels. This way we will be able to find out how to save even more on the electricity bill.

 

4- Bet on low consumption

If we set our minds to it, we can save energy while still enjoying our comfort at home. We just have to make small changes to know how to save on electricity easily.

  • One of the best tricks we can give you to learn how to save money per week on electricity is to choose to change traditional light bulbs for LED ones. They are currently very cheap and with the savings they offer, they are a great option.
  • Another tip we give you to save money is to replace your appliances with ones that consume less. It is true that sometimes the initial investment can be a bit high, but it is easily amortized because consumption will be much lower. And at the current price of electricity, the less your appliances consume, the better.

 

5- Turn off electronic devices that you are not using

Saving on electricity is possible if we are aware of the things we are using and those we are not.

  • If you are not using an appliance, do not leave it on Stand-By, you should always unplug it so that it does not consume any energy. When this operation is performed on many electrical appliances, learning how to save money at home is possible.
  • To turn off several appliances at once, it can be a good option to use a smart power strip. These types of power strips automatically turn off appliances that are not being used. It really is a great option to know how to save on electricity .

 

6- Set the Thermostat

In a time of energy saving like the one we are experiencing, it is important to configure the thermostat correctly. This way we can learn how to save money in 6 months on electricity and maintain good comfort.

  • According to experts’ recommendations, in winter it would be enough to keep the house or business at a temperature of 19 degrees. There is no need to wear short sleeves, long sleeves are appreciated in winter and can save a lot of money.
  • In summer, the temperature should be around 25 degrees. In this case, we should not wear long sleeves, but short sleeves. With this temperature, you will not only save money, but you will also be able to enjoy good comfort at home. Every degree below this temperature means a high energy consumption. 
how to save

With the tips we have shown you, it will be easy for you to save on your electricity bill without hardly any changes in your daily life. Put them into practice and start saving month after month.