I recently received my electricity bill and something made me look at it a bit more carefully.
I discovered that my electricity provider charges me for electricity supplied at three different rates (per kilo wat hour):
◦ Peak rate $0.3 (7-9 am and 5-8 pm X 7 days)
◦ Shoulder rate $0.21 (9am-5pm and 8-10 pm X 7 days)
◦ Off-peak rate $0.16 (10 pm – 7 am X 7 days)
Notice the price for off-peak is almost 50% less than the peak price!
After that it was simple to make a few little switches to our habits that will save us $ on our electricity bill. For example, we used to always turn the dishwasher in the evening at peak time. Now we wait a little later until off-peak time. Similarly with the washing machine, we used to turn it on first thing in the morning, now we wait until shoulder or off-peak time.
The one appliance that will need to be powered through peak, shoulder and off-peak times is the fridge. So try to make sure you have an efficient one as it will save you hundreds in your bill.
Click here for other easy ways recommended by The Lazy Society!