Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 


Energy efficiency the answer to soaring Energy Bills

Energy efficiency the answer to soaring Energy Bills

It sounds ridiculous, but household power bills will increase by up to 24 per cent from next month.

The latest round of increases in this relentless process affect households with average to above average power bills. Why? – because the current round is driven by increases in the network charges to “standard” users. Power rises usually include those that are driven by increases in charges from the power generators. Some times the annual increase is driven by the former; sometimes the latter; more usually these days it is both driving the increase.

Unfortunately this is the new normal with our electricity market. The situation is unlikely to change given that virtually all new ‘baseload’ generation coming on stream is now either geothermal or wind-powered, both which require relatively high amounts of capital investment compared to say, a coal-fired power plant.

The deafening silence in midst of these rises is the lack of credible options being put forward for the consumer to save on their power bill. Switching power companies has been at best a temporary relief from the rises in power bills. We are now well acquainted with this routine - personally I have just received a
letter gently reminding me that I will be socked with an 18% rise due to the fact my contract price – fixed for only a year - has just ended.

So, what to do?

Thanks to advances in technology - households have much greater options to take control of their power bills than even five years ago. These choices can broadly be divided into two categories – either to cut down or to generate their own power.

Installing rooftop solar PV panels is presently the easiest option for generating your own power. A significant investment is required but they are dropping in price.

What about cutting down on electricity use?. This is the lowest cost approach. You can start with relatively low cost things to do; like replacing those old less efficient light bulbs with energy efficient LED bulbs.

These have recently plunged in price; and good quality ones can potentially save around 10% on the power bill. Getting rid of energy-hogging appliances like electric plug-in heaters, towel rails and old fridges is the next cheapest option. Finally, why not attack that elephant lurking on the energy bill which

is your hot water bill (according to the Building Research Agency is 34% of your power bill). The newest innovation in this sector is replacing your electric water heating element with a quality heat pump water heater. This could result in saving a quarter of your power bill , or more.

The options are there, and readily available. You may well take some pleasure in striking back against your power supplier. I certainly have done.

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Memorabilia: Te Papa Buys Peter Snell Singlet

Te Papa has purchased the singlet worn by Peter Snell at the 1964 Tokyo Olympics at an auction this morning at Cordy’s auction house in Auckland. More>>

ALSO:

Scoop Review Of Books: Women At The Centre

In the first chapter of her epic History of New Zealand Women, Barbara Brookes places a version of the Māori creation story alongside that of the Pākehā colonists, setting the scene for how each society saw women. The contrast is startling. More>>

In Auckland Art Gallery: A Tour Of Duty

I had already started my journey through the exhibited collections when an audio announcement about a guided tour to embark shortly from the foyer was made, I decided to join in. Why not? More>>

Art: ‘Holiday’ Wins IHC Art Awards

An intricate embroidered cushion by Wellington artist Jo-Anne Tapiki has won the 2016 IHC Art Awards and $5000. Jo-Anne started working from IHC’s Arts on High studio in Lower Hutt 18 months ago and this is the first time she has entered the competition. More>>

‘Quasi’: Christchurch Art Gallery Reveals Rooftop Sculpture

Christchurch-born and internationally renowned artist Ronnie van Hout has had a huge hand in Christchurch Art Gallery's latest outdoor installation. More>>

Obituary: Last 28th Maori Battalion A Company Veteran Dies

Charlie Petera, the final surviving member of A-Company of the 28th Maori Battalion has died at his home in Ngataki, Northland last night surrounded by his whanau. He was 91 years old. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Culture
Search Scoop  
 
 
Powered by Vodafone
NZ independent news