Whether you’re trying to be more environmentally conscious, or are sick of paying through the teeth for your utilities, Australian homeowners are increasingly seeking ways to trim down their electricity and gas expenses. 

From embracing energy-efficient technologies, to changing the smallest habits, reducing your energy bill may be easier than you think. Let’s explore a range of ways Australians could save big on their electricity and gas bills.

How to save on electricity and gas

There are some simple things you can do today to reduce your electricity and gas bills. The more you do them, the more likely they may become habits and help save you more money in the long run. 

1. Energy-efficient appliances

It’s never been easier to choose energy-efficient appliances. Simply look for the Energy Rating Label when purchasing your next appliance. The more stars the appliance has (between 1-6), the less energy the product will use and the more money you will save on your energy bills. 

Thanks to advances in technology, nowadays you can even find super-efficient models that have an extra row for stars that go up to 10. 

2. LED lighting

One of the most cost-effective options, consider replacing traditional incandescent bulbs with energy-efficient LED lighting. LED bulbs use less energy and last longer.

3. Turn off ‘vampire appliances’ 

Appliances that are kept on stand-by mode that use power in the background, such as a Playstation 5, are commonly referred to as vampire appliances. These appliances could be accounting for around 10% of your power bill. While it may seem simplistic, experts suggest that by turning off these appliances at the switch, you could save $100 per annum. 

4. Seal leaks and gaps

Ensure your home is properly sealed to prevent drafts. Seal gaps around windows and doors to reduce the need for heating and cooling. The less air you let out when running things like air conditioning or heating, the less electricity these systems should use.

5. Use smart thermostats

Install a programmable or smart thermostat to regulate your home’s heating and cooling. Smart thermostats can be programmed to learn your daily routine and create heating and cooling schedules, so that you are not using power when you do not need to be. 

6. Insulate your home

It’s no secret that many Australian homes are built with poor insulation. Proper insulation can significantly reduce the need for heating and cooling. Consider insulating your walls, roof, and floors to maintain a comfortable temperature.

7. Solar panels

Australia is a sunburnt country, making solar power a viable option for millions of households. Consider installing solar panels to generate your own electricity, and sell any excess back to the grid. 

8. Energy-efficient windows 

If possible, invest in energy-efficient windows that are double or triple glazed. These may help to better regulate temperature and reduce the need for heating or cooling, all while reducing outside noise. 

9. Government rebates and incentives

Check for government rebates or incentives for energy-efficient upgrades and usage, such as the solar panel rebate swap offer in New South Wales. Some programs offer financial assistance for adopting green technologies. 

It’s also worth noting that banks and lenders will typically offer lower interest rates on personal loans or car loans designed for the purchase of green technology (such as rainwater tanks, electric vehicles etc.). This is done to incentivise you to make more environmentally friendly choices. 

10. Compare energy plans

One of the most effective ways to reduce your electricity and gas bills is to regularly compare energy plans from different providers, and switch to more affordable options. Some providers may offer sign-up bonuses to take advantage of, such as $100 off your first bill. 

By continuously comparing your options and switching to more affordable providers - particularly those offering cashback deals - you ensure you’re getting the best rates for your household while lowering your bills.