Why is my energy bill so high? 3 reasons why you’re spending too much on energy bills
Are you noticing that your energy bills are higher than usual? If you dread looking at your bills, it’s time to take action to ensure your hip pocket doesn’t keep taking a hit. With Australia’s cost of living amongst the most expensive on the planet, reducing your energy consumption is one of the best steps you can take towards greater financial freedom.
In this article, we will explore three factors that could explain why you are spending too much on your energy bills. We will also provide some smart solutions that will help you and your family enjoy greater energy savings.
1. Only powering your home using the grid
If you power your home by drawing all your energy from the grid, you will feel the full brunt of any rise in electricity costs. Heating and cooling makes up approximately 40% of an average energy bill, so sudden changes in electricity prices can result in a huge hit on your budget.
More and more people are switching to solar power and reducing their reliance on the grid by harnessing the sun’s free energy. In fact, Australia has the highest uptake of solar in the world, with more than 3 million rooftop solar power systems installed across the nation.
And it’s easy to see why. A typical family, with a 6kW solar power system, could enjoy savings of up to $1,500 on their annual energy bills¹. Also, according to Solar Citizens², households with solar power have bills that are approximately 20 per cent lower than households without solar technology.
Find out more about how solar power works here.