Bunnings and Kmart Hacks to Slash Winter Power Bills by $470

by admin

Tips for Reducing Winter Electricity Bills in Australia

As Australia enters a new financial year, households are bracing for higher electricity bills. A study by Canstar Blue highlights that small modifications in daily habits can help residents cut costs by several hundred dollars while still maintaining a warm home during winter.

Key Findings from Canstar Blue Research

According to Canstar Blue, households could save up to $470 this winter through simple strategies. These include:

  • Cold Machine Washes: Opting for cold washes can significantly reduce energy consumption, saving about $88.
  • Heating Efficiency: Keeping your home airtight might lead to savings of around $172, while ensuring your heating system operates at 90% capacity.
  • Reduced Heater Usage: Running a heater for just six hours instead of eight could save approximately $109.
  • Electric Blankets vs Heaters: Using an electric blanket throughout the night can cost around $3 per hour, juxtaposed against $55 for a conventional heater.
  • Shorter Showers: Cutting shower times from ten minutes to three minutes can lead to savings of about $49.

Expert Insights

Sally Tindall, data insights director at Canstar Blue, emphasises the impact of minor adjustments to household practices. Simple investments, like purchasing door snakes or weather sealing for around $30, can result in considerable savings by sealing drafts. Tindall advises that it’s essential to target which rooms to heat, suggesting that an appropriately-sized heater for your space is crucial for optimal performance.

Additionally, wearing warm clothing at home—such as jumpers, trackies, and slippers—can be a cost-effective way to stay warm without relying heavily on heaters. Tindall also notes that two in five Australians are already dressing warmly to manage winter costs.

Public Response

A survey indicated that 42% of Australians are turning down their heaters, 32% are choosing cold washes, and 19% are investing in air sealing products like door snakes to enhance energy efficiency.

Price Increases and Consumer Advice

As of July 1, default electricity prices have increased across New South Wales, Victoria, Queensland, South Australia, Tasmania, and the ACT, with major providers like Origin and AGL also raising rates. For average households, these hikes could translate to an additional $200 on electricity bills.

Tindall recommends that consumers review their electricity plans, particularly given regulatory permission for price hikes of up to 9%—some market plans are seeing increases beyond 30%. Switching to a more competitive plan could save substantial amounts; for instance, consumers in:

  • Sydney could save $314
  • Melbourne: $325
  • Brisbane: $397
  • Adelaide: $349
  • Canberra: $360
  • Hobart: $100

Moreover, households are set to receive additional financial relief thanks to a $75 government credit collected in July, with another similar credit coming in October as part of the Energy Bill Relief fund.

Conclusion

Implementing these adjustments not only helps mitigate the impact of rising energy costs but can significantly enhance comfort during the colder months. With a focus on energy efficiency, strategic planning, and practical consumer choices, Australian households can better manage their winter electricity bills.

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