Ever wondered how much the washing machine really costs to run every day? Or how much power it takes to cook a roast dinner? Thanks to some interesting and often surprising research from Energy Networks Australia, here are some stats that might make you pleasantly surprised, or make you reconsider before you flick that switch…
Here’s what $1 of electricity buys
According to Energy Networks Australia, $1 of electricity will get you…
- 2 hours using a split system air-conditioner
- 55 hours of incandescent lighting or 550 hours of LED lighting
- 1 year of phone charging
- 5 front loader or 3 top loader 7kg washing cycles
- 3 dishwasher loads
- 2-3 days running a fridge
- 1 roast dinner
Did you know that approximately 3% of your total energy costs come from appliances that aren’t even in use (think microwaves, TVs, and so on that often have that little red light visible even when they are ‘off’). You can cut these wasted energy costs down by turning your appliances off at the wall.
What’s the single biggest thing you can do to save money on your electricity?
So what’s the easiest money you can save on your electricity bill? A report by the Australian Energy Regulator found residential customers in Victoria could save $110 – 150 annually by switching to the best available plan.
So whilst it’s important to be aware of your energy usage habits at home, and if necessary trim where you can (cut that shower down to 4 minutes – it’ll save you money on your water bill too!), it’s also good practice to regularly check your current plan against the market to ensure you are not overpaying for the electricity you are using.
How easy is it to check your plan against all other retailers?
It’s easy – Joulius can take the hassle out of this for you. We provide unbiased and personalised results, comparing all publicly available plans of the same tariff type as your current plan from all retailers in your area – so we have the best chance of finding you savings. Best of all, it’ll only take you 5 minutes, and we won’t ask for your mobile number or bother you with calls. Joulius is free to use and its free to switch. To find out how much you could save by switching to the best available plan, try our free plan comparison tool.
