It is generally the place where you spend the most time. If that is true it is logical to assume you spend a lot of money their. We are talking about the daily running costs, repairs, rent and mortgages. But as you spend so much at home you can always find out how to save money at home.
You will be able to save hundreds of dollars on electricity every year by making sure all your appliances are efficient with energy. All labels on electrical appliances are required by law to tell you about their energy efficiency. At the very least make sure any new appliances you want to buy are efficient.
Talk to your energy provider and find out if they offer any programs designed to save costs. Most of them will offer some kind of load management. They could also offer programs with cheaper off rates. These kinds of programs can save you more than 10% of your costs.
Also some gas and electric companies will give you a free home audit. They will look for ways to help you learn how to save money at home on you air con or on your heating. They will give you free help but always be careful they don’t try to sell you something you don’t need.
Have a look at your phone bill. Look for services you don’t use or don’t really need. These could be three way calls or call waiting. I did this one recently. I chopped $200 off my mobile bill in an instant. I just love learning how to save money at home.
Check the damper on your chimney. Make sure it makes a tight seal and that it is in place when you are not using your fireplace. Warm or cool air will escape that way all day long.
For those that heat your homes with electricity, get a heat pump system as these are very efficient. They can reduce your heating electricity use by 40%.
Using a shower head designed for low flow can reduce your shower water consumption by a half. And make sure you insulate your water tank. Then you can turn down your thermostat a couple of degrees. You will be amazed how much this saves.
If you have a garden you can think about strategically planting trees. You obviously need to be careful about where the roots go but a few trees can help shade and cool your house in the summer. They can also assist with heating in the winter.
You should invest in energy efficient lighting for your home. The bulbs are more to buy upfront but will last up to 10 times longer while using a fraction of the energy. And to light outdoors you can use solar powered lights.
Electric dryers are more expensive than gas ones. In fact they are 40% more expensive. Here’s a tip. When you want to dry jeans quickly out a towel in with them. It will suck the water out and have them dry in double quick time.