Cool energy savings: boost your budget with solar

There are lots of things we do to help the family budget: take our lunch to work, make our morning cup of coffee at home or buy our groceries in bulk.

When it comes to more significant energy savings, changing how we power our homes can make a big difference. So, if you’re hoping to save more, looking at how you use energy (and where your energy comes from) can make a big difference.

Savvy households

We couldn’t run our homes these days without whitegoods; particularly fridges, dishwashers and washing machines. But you may not be aware exactly how much these appliances cost to operate.

A five kilogram, four-star washing machine (front loader) cleans your clothes, but it can leave a financial stain on your utility bill too. It costs $91.34 every year; and if you use a clothes dryer too, which runs up $75.65 per annum for a one-star medium sized unit, the daily costs really start to add up.

With the right solar system, reducing these costs is easy – you just need to change your routine. Instead of washing in the evening, start washing during the day and let your solar system power the machine. The same applies to the dishwasher. Most families turn it on after dinner or before bed, but if you press ‘wash’ when the sun is shining and you’re about to head off to work, you reduce your reliance on the grid.

Did you know?

A 500-600 litre side by side fridge/freezer with a two star rating costs $184.97 to run year – and when you add this to the cost of running the whole household (including buying things like groceries), staying on top of your finances can be tricky.

To help keep control of the cost, try and not overcrowd your fridge: a fridge runs most efficiently when it’s three-quarters full. If you don’t have enough items to fill your fridge, water jugs can be used to fill some empty space.

Adding an energy storage solution to your solar system is another way to capture the value of your solar, giving you the freedom to help run your household at night.

Solar energy storage automatically stores any excess energy produced by your solar system during the day, instead of exporting back to the grid. So during peak energy periods (i.e. early evening), you can avoid buying power from the grid by using your stored energy.

There’s more to the sun than just vitamin D; it can help power our homes. With the right knowledge and solar system, you can change how and when you use household appliances, giving you better control of your finances. If you don’t have solar installed, speaking to an expert is a great (and free) way to see how solar could help your budget.