Power costs are a major part of our budgets, but with a little effort, savings can be made without compromising health and quality of life.
Here are some suggestions to help you get on top of your power costs.
Know what you are spending currently
Start by looking at your last few power bills and work out the average amount you pay. This gives you a good starting point for planning ahead.
Set a weekly or monthly budget
Once you know your average cost, decide how much you can afford to set aside each week or month. Even putting aside a small, regular amount will help you stay on top of the bill when it arrives.
Smooth-pay options help
Many power companies offer payment plans that spread your costs evenly across the year meaning you pay the same amount every week or month, instead of getting big spikes in winter. This makes budgeting much simpler and stops you worrying about your power bills over winter. BUT it is important to leave any credit with the power company rather than taking it out and spending it on other things! Just because you are in credit in January does not mean you will be by August.
Think about how you use power
Small habits can make a substantial difference – see below for some ideas to help reduce your power consumption.
Check if you’re on the best plan
Power companies have different plans for different types of households. A quick check once a year can make sure you aren’t paying more than you need to. Go to www.powerswitch.org.nz and see how much you might be able to save by switching power companies
Ask for help early if you’re struggling
If you’re finding it hard to keep up, contact your power company straight away.
Easy ways to cut your usage
Turn the lights off when you leave a room.
In your washing machine, wash with cold water, and do full loads rather than a few bits and pieces at a time.
Do the washing up in the sink, not under running water.
Get a timer for the shower or at least keep your shower to under 5 minutes.
When boiling the jug, only boil as much water as you need rather than a full jug.
Unplug electronic items when not in use.
Switch to LED lightbulbs
Close your curtains before dark to conserve the heat in the dwelling.
Plug draughts.
Don’t heat unused rooms.
Summary
Budgeting for power doesn’t need to be complicated. With a clear plan and a few simple habits, you can keep your energy costs predictable and avoid unnecessary stress.
And don’t forget – we are here to help.
