What can you do to avoid bill shock?

Bill shock is exactly what it says on the tin. It is stressful and an unnecessary strain on other outgoings that you have from your account each month. Bill shock, by definition, is receiving a bill that is far more expensive than you anticipated, and is by and large an expense that you may have no been prepared for. In this article we are going to run through five things that you can do to avoid bill shock.

  • Monitor usage: It sounds obvious, but being conscious of how you are using energy in the home can make a big difference in saving some extra dollars at the end of the month. Simple things like turning off switches at the plug to save on standby energy, or doing washing and tumble drying all in one go rather than random days of the week can make all the difference in avoiding bill shock.

 

  • Appliances: Toasters, microwaves, computers, tumble dryers; microwaves and luxury hair appliances can all burn cash. Keep an eye on how often you are using them, and whether they are a complete necessity. It would also be worth looking at the age of your appliances, as older appliances notoriously burn through more energy than smarter appliances that have been automated to save money and contribute to a greener planet.

 

  • Invest in tech: Whether it is a smart meter or an app on your phone, having control of your energy whilst not being in the home can be a blessing in disguise. How many times have we forgotten to change the heating timer when the summer months come? Or turning off the air-conditioning when we leave the house? Simple things like an app can give you that control over your finances and can avoid bill shock completely.

 

  • Educate the family: We understand that sometimes it can be difficult to completely monitor things if you have children. Even if you have apps and remember to turn off everything at the wall, if it is only you doing it in the house then you may still be at risk for bill shock. Educating your family on how to save money through being mindful of how they use energy is a great way to reduce your stress levels and reduce the bill price. It is a win-win.

 

  • Look at renewable sources: If you have solar power, turn to that as a primary source over energy that is not renewable and continuously costs you money. If you are suffering from bill shock more often than not, it might mean that investing in something like solar can save you a lot more money in the long term, as you want to be able to run as much of your household as possible on renewable energy.

In summary, it is important to be mindful of your usage above anything else to avoid bill shock, as no one wants an expensive bill at the end of the month. Remember, investing in a smart meter is a great way to monitor this, and if you do not have one, make sure you invest in one!

Author: Claire Stapley
Claire Stapley is ElectricityComparison.com.au's Energy Editor, based in Melbourne Australia. Claire is a founding member of ElectricityComparison.com.au News and Energy Team.