What Appliance in your Home is Costing you the Most Money?

Our lives are made easier by home appliances, but they are also a burden to our pocketbook and the environment. And this is not good for anyone.

If you are interested in reducing your electricity bills and saving the environment, here is a  list of the home appliances that are costing you the most:

 

Heaters
The most expensive home appliances are heating and cooling systems, making up 40% of a household’s electricity bill. It can get pretty cold inside Australian homes, which often results in high heating costs during winter. But you can do some things to keep warm without spending too much.

First, choose your heater wisely.

Purchase the more energy-efficient heater as much as possible. For example, a reverse cycle (inverter) system is normally less expensive to operate than other types of heaters.

Turn on the heater only in the room where you’re in. The draughty homes in Australia allow heat to exit quickly, so having the heater turned on even when you’re not in a room is wasteful.

Don’t turn up the temperature settings, as you’ll be paying more for every degree. Make sure your heater is not working too hard to heat a room by maintaining the temperature in the low 20s.

You can also do something about your home to keep the cold out, like putting in insulation, sealing up draughts, installing double glazed windows and hanging curtains and blinds that keep the heat during winter and block the sun during summer.

 

Refrigerators
Fridges are big and constantly running, so they can significant users of energy.

Old fridges and freezers consume massive amounts of electricity and should be changed to a newer model. Small to medium fridges that are less than 10 years old and bearing a fairly high energy star-rating use a comparatively lower amount of electricity, making it a good replacement.

It’s time to buy a new one if you have one of those that are 15 or 20 years old, as they are not likely have been subjected to strict energy consumption requirements.

If you have a running fridge in your garage or shed, it’s time to determine if you really need it, particularly during winter.

Experts recommend purchasing a model with no ice dispenser (or switch it off) and stay away from big fridges if you to cut your energy bills.

 

Clothes dryers
With the Hills Hoist still used widely in Australia, it’s very common to see Aussies drying clothes the old-fashioned way. However, winter is when people prefer to throw in their laundry in the clothes dryer.

Air dry your laundry whenever possible, as clothes dryers are energy hogs. Use space efficient indoor drying racks that you can attach from the ceiling or on the walls.

Landlords and apartment body corporates can help out by providing clothes lines and permitting rack drying in public areas and balconies. This means putting aesthetic issues aside in favour of keeping your energy costs down.

 

Television and other electronics
TVs comprise 19% of an Australian household’s appliance energy consumption, and if it is switched on for most of the day, that adds up to your energy bill.

Additionally, putting televisions, DVD players and other electronic devices on standby mode, can increase a home’s “standby power” consumption. Standby power, on average, makes up roughly 10% of a household’s appliance energy consumption, and it can add up if multiple appliances remain switched even though they’re not being used.

 

Tips to save energy
A good way to lower your energy bills is to invest in energy efficient appliances, particularly for big-ticket items like washing machines, dishwashers and those mentioned above.

Appliances are the simplest feature to change in virtually all homes, especially in rental properties. And you don’t need to change of all it at once, you can prioritise the appliance that is the No. 1 energy hog.

You can determine how efficient an appliance is through energy star ratings. Five-star appliances may be more expensive, but you’d be able to save more in the long term.

This is an important fact to remember: you are saving 20-30% on your operating expenses for every extra star.