Property Tips

Energy Saving Tips to Help You Save Money

Joanna
June 12, 2023 1 minute
Unidentifiable person loading washing machine

Whether you're saving for a specific purpose - such as a house deposit or a new car - or you'd just like to have more money at the end of the month, energy saving is a great way of making it happen. 

After a year where energy bills were commonly in the headlines, more people than ever are thinking about how they can reduce their energy usage and get some more money in their back pocket. 

Below, we run through our top energy-saving tips, all easy to do and designed to help you save money over the year.

Our Top Energy Saving Tips

As you’d imagine, most people use energy in the evening between 6pm and 9pm, when they’re back from work, school or other responsibilities. With energy prices, heating bills and the overall cost of living now at record levels, however, it’s easy to see why people are looking at making as many savings as possible.

According to research from the Energy Saving Trust and MoneySuperMarket, adopting some of these tips can save around £500 per year depending on where you live:

Be Responsible With Your Washing

Washing machines and tumble dryers are two of the main energy-hogging appliances around the home.

Fortunately, you can save more money each year by just using your washing machine more responsibly. Two of the key points to consider are:

• Use your washing machine on a 30-degree cycle rather than using higher temperatures

• Reduce how much washing you do each week. Even one less run per week for a year can make a huge impact, particularly if you wash with a full load.

Research suggests that the average home in the UK can save around £34 a year simply by following the points above.

Tumble dryers, while a useful way to dry clothes, should be avoided at all costs. You can save up to £70 a year simply by using a drying rack or hanging your clothes outside.

Save Water!

Water waste is one of the more expensive forms of energy waste and making some simple changes to your hygiene routine can save you over £100 a year according to Energy Saving Trust data.

The first major change is reducing how long you spend in the shower. While everyone loves a relaxing hot shower, minimising your shower time to just four minutes can save the typical household £95 a year on energy bills.

Likewise, if you’re a bath person, you can save more money by swapping one bath a week for a 4-minute shower. This single energy-saving tip can save £20 a year on your energy bills.

Change Your Kitchen Habits

The kitchen is another key area where energy-saving tips can lead to big money savings.

Kettles are our first stop - one of the most used appliances in the kitchen and often a major contributor to energy waste. Many of us often fully fill the kettle, regardless of how much we’re going to use. If you can avoid overfilling the kettle and only boil what you need, you can save £13 a year on your electricity bill.

Likewise, your dishwasher should only be run when it is full. Aside from increasing the lifespan of the appliance, this reduces the amount of water you use and saves money.

Elsewhere in the kitchen, consider your appliances and how energy-efficient they are. If you’re buying a new dishwasher or fridge freezer, opt for a more efficient model.

Research from Moneysupermarket suggests that a fridge-freezer with the highest energy rating can save you around £320 in energy bills over its entire lifetime compared to the next rating down.

Check Your Insulation & Plumbing

As heat rises through the home, it’s often lost without proper insulation - reducing the energy efficiency of the property and translating to lost money.

If you have a hot water cylinder, it must be insulated. Even the installation of an 80mm jacket can save £70 a year compared to thinner insulation.

Bleeding your radiators can improve their performance and ensure that they’re operating in the best possible way.

You might also consider insulating other elements of your home such as pipes and the roof. The roof is a particularly important place to insulate but can be a more expensive task depending on your level of expertise.

Whether you’re doing it yourself with mineral wool or paying an expert to do it for you, remember that the average semi-detached roof typically lasts 40 years and if insulated properly it will save around £135 on energy each year. This number increases alongside your floor size.

Turn Off Standby Appliances or Use Energy Saving Modes

While we often switch appliances off, many new electricals have a built-in standby mode that runs in the background. Switching these appliances off at the plug can be done without any harm to settings or programming and ensures that the appliance is fully off. It’s estimated the average home could save around £65 a year just by taking these actions.

In some cases, it’s also worth checking if the appliance has an energy-saving mode itself. Most new TVs and games consoles come with energy-saving features that the average user may never see. The new generation of Xbox consoles, for example, have a specific ‘energy saver’ shutdown mode that uses 20 times less power when the console isn’t in use compared to the default ‘standby’ mode. This can be a huge saving if you have multiple consoles or children regularly using it.

If you want to be sure, you may want to invest in a smart plug that automatically switches off power at set times, such as when you go to sleep.

Draught Proof Windows and Doors

While this is less necessary for new homes, draught-proofing is a great way of retaining heat and thus, maintaining energy efficiency.

Although professional draught-proofing can be quite expensive (around £225 for the average property), it’s expected to save around £125 a year on energy bills so it quickly pays for itself. DIY draught-proofing, if you have the experience and materials, can be much cheaper and achieve the same effect if you’re looking to reduce the initial cost.

Get a Smart Meter

If you have trouble keeping track of your energy usage and you’d prefer to see a more detailed breakdown of what something costs, you might want to get a smart meter installed.

By showing accurate, real-time data, you can get a better understanding of what’s costing you money and where you might be able to make your own savings around the home.

Smart meters are quickly becoming the standard because of the various benefits they can provide homeowners.

Joanna

Joanna is a member of the Platform Home Ownership Marketing Team. Bringing you the newest trends shaping the property market, insightful tips on shared ownership, and exciting updates on Platform Home Ownership.