10 ways to reduce your energy bills in a Shared Ownership home
7 September 2023
With energy bills currently on the rise and planned to increase well into 2023, many Brits are already seeing their energy costs soar upwards. Combined with an increasing cost of living (i.e. food and fuel increases to name a few), every little bit of extra information can help your family navigate this difficult period.
However, there is a bit of good news for those in a Shared Ownership home.
New build homes typically tend to have lower energy costs which could mean a lower monthly bill for you and your family. In fact, a recent study has shown that homebuyers who purchase new build homes could see their energy bills drop by as much as 60%.
But there are still things you can do to try and reduce your bill each month by being extra savvy during the colder months. Have a read below of our top 10 ways to cut back on your energy usage and lower your monthly energy bill in a Shared Ownership home this autumn and winter.
1. Look out for “electric vampires”
We’ve all been there and done that – after taking your phone off charge, you’ve left the charger on at the mains. Even if your phone isn’t plugged in, this is still costing you.
Once you’re finished using or charging your device (not just mobile phones but think laptop, kettle, coffee maker, toaster too) make sure to switch off at the mains.
2. Turn your heating down, just a smidge!
Did you know that more than half of your energy bill is for heating and hot water, according to Energy Saving Trust? With colder temperatures having now arrived, it’s vital that you manage your heating and stay aware of what your thermostat is showing.
3. Think about your curtains
As simple as it sounds, closing your curtains (and windows) at dusk will help to keep heat inside and stop it from escaping through your windows. The little things can really add up!
4. How can your kitchen appliances help?
Thinking about cutting back on using your dishwasher can be a big help to energy bills. If you can’t reduce your usage, try to use the eco setting on your dishwasher as much as possible as this will use less water and less heat. Also, try not to run your dishwasher or washing machine when it is half empty, as this can be a waste.
5. Hold the drip please
A dripping hot water tap can be annoying and wasteful, so try to get any dripping taps around your home fixed ASAP. While it isn’t a huge saving, every little bit helps in the quest to reduce energy and water usage. Plus, no more leaky taps!
6. Say goodbye to the tumble dryer
While they may be convenient (and provide the fluffiest of towels!), dryers are one of the biggest users of energy and not great for the environment. Try and opt for alternatives including the obvious drying rack or an airing ladder.
You could even think about getting a dehumidifier, a cheaper alternative to a tumble dryer, to help absorb the moisture in the air from your wet clothes.
7. Keep the draft out and the heat in
Keeping heat in your home is super important in helping reduce your energy usage. Keep your eyes peeled for anywhere in your home that could be letting heat out, such as doors, and think about investing in a draught excluder.
8. Show off your personal style with a new rug
What better way to add your own design flair to your new Shared Ownership home than by adding in a stylish rug of your choice? Will you opt for a minimalistic look or a colourful design? The choice is yours and it will help keep heat and increase insulation in the room.
9. Be picky with your portable heater
While many portable heaters are not the most energy efficient, they can be a good option for those who may work from home in one room for the majority of the day. If necessary, try to opt for an eco-friendly, infrared heater as they are typically much cheaper to run.
An even better option is a heated blanket – much cosier and uses less energy. Just be sure to turn off and unplug when you’re finished!
10. Get in touch with your supplier
While there are a lot of little tips and tricks we can use to reduce our energy bills, many people will still struggle to pay an ever increasing energy bill. If you are struggling to pay your bill, try and speak to your energy supplier as soon as possible as many are offering grants and schemes for those in need.
By having an open and honest conversation, you may be able to work out a solution or payment plan together. You are not alone in this and many suppliers will be understanding to your individual situation.
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