subject: Money Saving Advice For Homeowners [print this page] With the economy in turmoil, its important to save as much money as you can. Improving the energy-efficiency of your home could reduce your outgoings so why not give it a go?
Here are five money-saving tips for homeowners:
Replace your boiler
According to the Energy Saving Trust, replacing an old gas boiler with an A-rated condensing boiler could save you around 300 a year. Sure, youll have to buy the new model and have it installed, but it should significantly cut your costs in the long-run. If you cant afford to make this investment right away, arrange a boiler service with a reputable company and ensure everythings running as efficiently as possible.
Lag your pipes
Are you ready for winter? If not, its essential to lag your water pipes before the cold spell hits. Insulating materials can be bought for around 15 and will keep your hot water warmer for longer saving both electricity and money. You should be able to do this job yourself, but if you dont feel confident, contact a plumber for help and advice.
Save water
Did you know that a dripping tap can waste more than 5,500 litres of water a year? Thats enough to fill a paddling pool every day throughout summer, so you must fix all leaking faucets. Most drips are caused by damaged or warn washers, so unscrew the nuts on the tap and replace them if necessary. If that doesnt solve the problem, take out plumbing and drainage insurance and seek help.
Make use of your heating controls
Summer is almost over, which means its almost time to turn on the heating. If you dont want to spend a fortune this winter, make the most of heating controls and turn the thermostat down (if possible). Rely on duvets, snuggly clothes and hot water bottles to stay warm and light a real log fire if you have one. A few small changes to the way you live should keep your energy bills down and will improve your bank balance.
Use energy-saving light bulbs
If youre short of cash, you should reassess the way you light your house. Traditional light bulbs are inefficient at converting light to energy and waste a lot of energy so switch to energy-saving alternatives. These can last up to ten times longer than standard bulbs and will ensure you dont throw money down the drain.
Holding onto your cash is easier than you may think and could prove extremely beneficial.
