9 Ways to Save on Electricity Costs


We all love using electricity – but it’s safe to say we all hate paying for it! If you’re dreading the thought of your next electricity bill, Canstar Blue has some tips to help you save on electricity. Here are nine ways to save electricity and reduce your bill.

  • Install energy efficient lighting
  • Adjust the thermostat
  • Wash clothes with cold water
  • Switch off appliances at the wall
  • Close doors and curtains
  • Insulate your home
  • Get energy monitoring
  • Check appliance settings
  • Compare electricity providers

1. Install energy efficient lighting

Light bulbs can contribute a surprising amount to your power bill, especially if you have old incandescent or halogen light bulbs. Consider installing energy efficient light globes. Not only do they use less electricity, but they last longer, too.

See our article on Light bulb running costs.

2. Adjust the thermostat

Heating and cooling can be expensive if you’re not smart about it. When heating, set your thermostat to between 18 and 20 degrees – each degree above 20 can add 10% to its running costs. In summer, set the temperature to 25 or 26 degrees. Once again, every degree below 25 can add around 10% to its running costs.

See our article on the impact of air con temperature settings.

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3. Wash clothes with cold water

There’s no mistaking that warm washes usually do a better job than cold washes, but sometimes it’s just not necessary. Hot water is a real power guzzler, so try to stick to the cold wash setting for day to day laundry if possible. On the note of washing machines, take advantage of any available eco settings and make sure to set your machine to the correct load size.

See our article on washing machine running costs.

4. Switch off appliances at the wall

Standby appliances can cost a typical household over $100 per year in wasted electricity. Appliances like televisions, microwaves, dishwashers and even phone chargers consume electricity when they’re not being used, meaning you’re essentially paying for nothing. If you keep forgetting to switch off at the wall, consider buying a smart power board to stop standby electricity for you.

See our article on the costs of standby electricity.

5. Close doors and curtains

The harder an air conditioner has to work, the more power it uses and the higher your bill. When running your air conditioner, be sure to close your windows, doors and curtains. Also try block draughts around the house to trap air inside.

See our article on air conditioning running costs.

6. Insulate your home

Insulation is a cost-effective way to improve your home’s energy efficiency, helping reduce your heating and cooling costs. Insulation helps your home maintain a comfortable natural temperature. It acts like an esky to keep the cool in during summer, while acting like a thermo in winter to retain heat. The Victorian government claims insulation can save homes up to 45% per year on electricity costs.

7. Get energy monitoring

Tracking your electricity usage with an energy monitor means you can see how and when you’re using electricity, helping you identify opportunities to save electricity and reduce your power bill. Electricity monitoring is available to most smart meter customers, other meter types will require a meter attachment to access energy monitoring.

See our article on home energy monitors.

8. Check appliance settings

Adjusting the settings of certain appliances can have a huge impact on your power bill. Check the fridge isn’t running too cold and the TV isn’t too bright. Also make sure to use any eco settings on dishwashers, clothes dryers, washing machines and air conditioners whenever possible.

See our articles on the running costs of fridges, televisions, dishwashers and clothes dryers.

9. Compare electricity providers

Last but certainly not least, compare electricity retailers. If you have been with the same electricity provider for years, then you can almost certainly save by shopping around for a better deal. Energy companies are always changing their products and prices – while you may have received a good deal when you signed up, it might be a different story one year down the line.

Canstar Blue compares electricity prices throughout the market and compares customer satisfaction among leading energy brands. Start comparing with Canstar Blue and see how much you can save.

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