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Top tips for saving energy and money in your home

In this piece we look at how to save money on energy saving with money saving tips on insulation, heating, boiler and lightbulbs
By Ben Lobel on Oct 30th, 2016   @smallbusinessuk

When it comes to energy in the home, many of us simply take expensive bills as a given if we want a warm and comfortable living environment. What is not often known is that with a few simple changes and a little initial investment, powering your home could lessen in price. It could even move towards being an energy efficient house. With a variety of energy saving grants available through government schemes, now has never been a better time to kill two birds with one stone by improving your standard of living and saving money.

Some of the main points to consider will be discussed here, from looking at underfloor heating to sustainable energy possibilities. Whether your budget is big or small, there will be a possible implementation for you here.

Key points to consider when looking at an energy assessment

• Insulate your home

• Install smart heating controls

• Replace your boiler

• Install sustainable energy and home battery systems

Benefit from cheaper or free insulation through government measures

There are a variety of grants available to put towards installing or upgrading insulation in the home. Free insulation is still available for most UK households as part of the Energy Company Obligation (ECO) scheme introduced by the government in 2013.

ECO legally requires the main energy suppliers to help create an energy efficient house by installing appropriate technologies such as cavity wall insulation. Contact your energy provider or installations specialist regarding free insulation to see if you are eligible.

Install smart heating controls to manage your heating from anywhere

In the age of the Internet of Things (IoT), there are apps available to control your kettle. Home heating is no different, with a smart device being available to install on most home heating systems, either from installation or retroactively fit. By controlling your heating through an app, up to £90 pounds could be saved a year.

Replace your boiler

Replacing an old boiler with a new, efficient A rated condensing boiler could save you up to 30 per cent on your heating bills. Similar to the grants available for free insulation, certain households in the UK are eligible for a free boiler refit from their energy supplier. Ensure you are not wasting money on an inefficient boiler or a boiler replacement by contacting your supplier today.

Install sustainable energy and home battery systems

By installing solar power systems in your home, you can not only reduce the amount of energy used from the grid, but also potentially sell energy back to the grid. This reduces consumption and therefore costs. Combined with a home battery system, such as the Tesla Powerwall, the savings could be even greater. By rate-shifting, a technique where the Powerwall charges when rates are low and releases energy when rates are high, you can avoid paying during high rate peaks, further reducing energy costs.

Certain means tested benefit receivers may also be viable for 100 per cent free installation of renewable systems. Check with your benefit and energy advisors to see if you are eligible.

Further money saving energy tricks

• Compare tariffs on a regular basis – Energy prices can vary wildly, so ensure you are paying the minimum possible by comparing the energy market on a regular basis.

• Favour showers over baths – As ridiculous as this sounds, the volume of hot water required for a shower is far less than that of a bath. By showering, you could save up to £250 a year.

• Turn down your heating – By reducing the temperature of your heating by one degree (centigrade), you could save up to £60 a year, depending on energy rates.

• Reduce the temperature of your washing machine – Going from a 40-degree (centigrade) wash to a 30-degree wash could save up to £23 pounds a year.

• Install energy efficient lightbulbs – Low energy lighting has come immeasurably in the last few years. LED bulbs can be up to 90 per cent more efficient than traditional incandescent bulbs, you could save up to £3 per year per bulb, which adds up!