Ways To Save Money Around The House - Part 2
Welcome to the second installment of the ‘Ways to save money around the house’ series!
Saving money around the house takes some strategy. It isn’t all so simple as people make it out to be. Together with the information in our articles, you’ll be able to make a substantial dent in your debt problem and maybe even lay those problems to rest for good.
1. Energy Saving Light Bulbs
Choosing the right light bulb can help you make small savings throughout the year
You may not have been aware of it, but traditional light bulbs are a huge waste of money. They make you spend more than you normally would to light your house. Let’s look at the cost of a traditional light bulb VS. the more efficient energy saving models. You’ll find that even something as small as light bulbs can be effective means to save money in order to invest or pay off bills.
Traditional Incandescent Light Bulb:
Cost of electricity: 11.5 pence per kWhr
6 bulbs X 100 Watts per bulb X 8 hours per day
This comes to 4.8 kWhr total energy usage per day X 30 days = 144 kWhr of energy usage per month.
11.5 pence per kWhr X 144 kWhr of energy usage per month = £16.56 per month in energy cost from light bulbs alone!
On a yearly basis, this will cost you 1728 kWhr X 11.5 pence per kWhr for a total of £198.72 for a yearly cost.
Traditional incandescent light bulbs are being phased out by governments all over the world. They use too much energy and can possibly be dangerous. The UK is set to do away with using incandescent light bulbs altogether and has already started phasing them out since 2009. Using these bulbs will not help your debt situation at all, but there is hope! Let’s take a look at one of the more common energy saving bulbs and see how the savings stack up.
Common Energy Saving Light Bulb
Cost of electricity: 11.5 pence per kWhr
6 bulbs X 20 Watts per bulb X 8 hours per day
This comes to .96 kWhr total energy usage per day X 30 days = 28.8 kWhr of energy usage per month.
11.5 pence per kWhr X 28.8 kWhr of energy usage per month = £3.31 per month in energy cost using the more efficient bulbs.
On a yearly basis, this will cost you £39.72 in total energy usage!
So lets compare the two! With a traditional light bulb you’ll be spending £198.72 for a yearly cost. With a set of energy saving light bulbs you’ll be able to reduce that cost by an incredible £159! You’ll only have to pay £39.72 as long as your electricity costs 11.5 pence per kWhr. Plug in the correct figure for what you’re paying, the correct amount of light bulbs, and how long you use them per day using the above calculation method to reach your households energy usage for light bulbs per day, month, and year.
Exciting isn’t it? Look at how much money you’ll be saving simply by screwing in a common energy saving light bulb! It’s really incredible to know that anyone can do this in every household. All across the United Kingdom electricity bills we be lower than they’ve ever been before. The phasing out of the incandescent light bulb is one of the new innovations the United Kingdom is using to help people with their debt problems.
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