How To Save Money on Electric this Month

 


How To Save Money on Electric this Year

If you think you’re paying too much for gas and electricity, yes you are but there are many simple things you can do to spend less money on gas and electricity. You might be able to save a lot of money.

 

+ If the cost of your energy stays the same each month. You might be better off on a standard variable tariff because of the Energy Price Guarantee. This limits what suppliers can charge for gas and electricity on standard variable tariffs. Check what you're paying for energy. If you’d be better off on your energy supplier’s standard variable tariff, they might let you change tariffs free of charge.

+ If the cost of your energy can go up or down. You might have chosen a standard tariff, or your supplier might have put you on it after your fixed tariff ended. Standard tariffs are likely to be cheaper than fixed tariffs - this is because the Energy Price Guarantee limits what you must pay for energy on a standard tariff. It’s best to stay on the standard tariff you’re on and not switch.

Tips to reduce electricity usage

  • use your tumble dryer less, if you have one - try to dry your clothes outside or by an open window instead
  • run your washing machine at 30 degrees and make sure you wash a full load when you can
  • use LED or other energy-efficient light bulbs
  • turn off plug sockets at the wall if you’re not using them
  • close your curtains in the evening to keep in heat when it’s cold
  • make sure your fridge is set between 3 and 5 degrees and defrost your freezer regularly
If you’re struggling with money, there are things you can do to save on your regular living costs. Find out more here: click here

follow us on social media

Location: Lagos, Nigeria

Comments

Post a Comment

Popular posts from this blog

MARKET INSIDER

Image
MARKET INSIDER: The Nigerian Export Processing Zones Authority (NEPZA) is in discussions with crypto exchange Binance over plans to create a virtual free zone focusing on blockchain and the digital economy, the agency said in a Saturday press release. NEPZA, which helps regulate and operate free zones in the country, wants the result to be similar to Dubai's virtual free zone. In December last year Binance agreed to help Dubai establish an industry hub for global digital assets with the aim of promoting long term economic growth and encouraging a range of crypto companies to become licensed in the emirate. "Our goal is to engender a flourishing virtual free zones to take advantage of a near trillion dollar virtual economy in blockchains and digital economy," Adesoji Adesugba, NEPZA's managing director, said in the statement. The initiative follows the launch last October of Nigeria's central bank digital currency, the world's second, following the ...
Read more

NEW STATE OF BUSINESS

Image
A typical business Day in Alaba Lagos. In this picture is a detailed view of what a small business looks like in alaba the work ethics and behaviour of an Entrepreneur or trader looking to make sales and thrive in the economy.  The sales of goods and services in this business place is difficult and as such a constant battle between business owners in efforts to retain customers. The rise of social networks and social media gave rise to explicit marketing which attracts new and more evident customers.  
Read more

WAYS TO SAVE MONEY WHEN BUYING ELECTRICALS

Image
There is an ideal time to buy virtually anything at a lower price when bagging a bargain, but sometimes you can't wait for an end-of-season sale or holiday promotion. This does not imply that you must pay the total price. Instead, you may employ various purchasing methods to obtain a better deal at any time of year. "Never take a price at face value," warns Trae Bodge of TrueTrae.com, a personal finance site. "Whether I'm buying in-store or online, I always look for a lower price, a coupon, a cash-back offer, or a better deal elsewhere." Thanks to modern technology, it only takes a minute to find out." Most consumers equate big-box retailers like Amazon and Walmart with the low pricing on most of their items, but this purchasing philosophy might backfire. Because these merchants' pricing continuously changes, you must evaluate discounts regularly to ensure you receive the most significant value. These nine steps will ensure you receive the best deal...
Read more