One of the biggest outgoings for any homeowner is energy bills. The prices are rising year on year and unfortunately there isn’t much that you can do about that. That doesn’t mean you are destined to be paying huge energy bills for the rest of your life. There are things that you can do if you want to reduce the amount that you are paying for energy. Here are a few tips to help you slash your energy bills.
Fix Your Deal
A lot of energy companies offer fixed rate deals. These tariffs stay at a fixed price for an agreed period, regardless of any fluctuations in price. There is a slight chance that prices will drop in the coming years and you will lose out, but this is unlikely. Most of the time, prices are going up, so by locking yourself into a fixed price, you should be saving money. When you’re looking for tariffs, make sure you get one with an exit fee. If prices do happen to go down, you can pay a small fee to get out of the price that you chose to lock in at, and take advantage of the lower prices.
You would be surprised how much money you could save by shopping around. The price difference between energy providers could add up to hundreds of dollars a year. Use comparison websites to see if there are any better deals out there for you. Before agreeing to anything, check the prices over the last few years. You don’t want to get caught out by a provider who is likely to drastically raise their prices in a year or two.
Make Your Own
One of the best ways of cutting your energy bills is to generate your own electricity. Installing wind turbines or a Solar PV system on your house means that you are no longer reliant on energy providers for the majority of your power. But what is Solar PV? Solar PV is a system of solar panels that you can install on the roof of your house, that will generate electricity from sunlight. If you live in a relatively warm area, you should be able to generate all of the electricity that you use, and even have a bit of surplus to sell back to the energy companies. That way, you will actually be making money, rather than paying out for huge energy bills.
Make The House More Efficient
There are plenty of small things that you can do to make the house more efficient. Putting in draught excluders and closing the curtains will help keep the heat in. Otherwise, just put on some warm clothing instead of switching the heating on. Making sure that lights are turned off when you aren’t in the room, and not leaving things on standby are other good ways of keeping the electricity bill down.
It is also worth looking into getting some better insulation, it will cost a lot initially, but could save you money overall. As well as reducing your bills, it will also make your home more eco-friendly. If you can’t afford double glazing, you can get the same effect by putting clingfilm over the windows to trap the heat in.