We all have electricity bills and we must pay them, but we usually just pay them without even thinking about it, don’t we? Do you understand your bill?
A recent survey of more than 1,000 people, carried out in April in Sydney and Melbourne, found that a lack of trust in electricity companies and energy illiteracy may actually be stopping us from driving down our power costs.
Many of us want electricity companies to provide us with more information to help control our energy usage, but we don’t know enough about the technology available to know where to even begin.
With that in mind, we dedicate our latest blog to helping you understand the importance of understanding your electricity bill and provide a few tips to help get you started.
There is a growing need for demand management to help us control our own energy usage. However, there seems to be misunderstanding about what this is and how we can go about it.
So how can we control our energy usage?
We all have different levels and forms of engagement and technology such as smart meters are proving highly beneficial, in helping us transition towards greater control of our energy consumption.
Smart meters are digital power meters that provide accurate data on electricity consumption as it happens, differing from the old ‘accumulation meters’ which measured approximate total electricity use over a longer period.
The former head of Energy Australia and Ausgrid, George Maltabarow, stated that the shift to using digital meters has been slow, but that recent high-power prices had forced many Australians to reassess how they use electricity.
Smart meters allow us to see when to shift our consumption from peak to off-peak times and by monitoring our smart meters over time, we can become familiar with how much we’re consuming and begin to adjust our consumption rate accordingly.
But how we can reassess our use of electricity, if we don’t know how to use and read the smart meters?
Energy companies call on users to reduce or shift consumption to a different time to free up more power, but the survey showed that less than half of those surveyed, felt they had enough understanding of smart meters to use them effectively.
Don’t have a smart meter? Find out more about them here.
How do I read my meter?
Whether you have a smart reader or not, you can learn how to read it, ensuring you gain a better understanding of your usage and your bill.
Head to the Western Power website for help.
Smart Home Plan
There are other options to help you better understand your bill and save on your electricity too.
One of the options is Synergy’s Smart Home Plan.
By making the shift to a Synergy Smart Home Plan you can save money by simply changing the time of your electricity use, to reduce your energy costs.
You can even take advantage of lower rates at different times of the day and week and Synergy will organise the installation or reprogramming of your meter – easy!
So, next time you receive your electricity bill, why not call your electricity provider before paying it, and ask them to talk you through it? Learn how to read your meter too – you never know how much you might save!
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