It\u2019s the end of a long day; you\u2019ve just come home from work, made dinner, put a load of washing on and are settling down in front of the TV \u2013 a typical evening in many Aussie households. But could shifting your energy usage to off-peak times help you save on your energy bills? Read on to find out.<\/p>\n\n\n\n
During peak times, like in the evening, Australia\u2019s energy networks are under the biggest strain. To help take the pressure off the country\u2019s electricity grid, many energy providers offer incentives like cheaper rates, for households to adjust their usage habits and use their energy during off-peak times \u2013 when there’s not as much demand on the network. <\/p>\n\n\n\n
Off-peak electricity rates are times of the day you can use your energy at a reduced cost. These times are usually when most households are not using energy and are typically at night or on the weekends. A time-of-use tariff works by charging several different rates based on the time of day energy is consumed. <\/p>\n\n\n\n
By choosing to use certain appliances at off-peak times<\/a> rather than peak, you could save on your electricity bill. For example, you could take advantage of reduced rates by putting your washing on after 8pm or turning your dishwasher on before going to bed.<\/p>\n\n\n\n To take advantage of a time-of-use or demand tariff, you must have a compatible smart meter and be signed up to the applicable tariff. <\/p>\n\n\n\n <\/p>\n\n\n\n You\u2019ve decided to take advantage of a time-of-use pricing system, which means the less energy you use during peak periods, the more you\u2019ll save. You\u2019ve switched off unused appliances during peak hours, but you’re wondering if that load of washing you threw on after work is really going to make a difference to your bill. A smart meter can help you understand exactly how much power your appliances are drawing. <\/p>\n\n\n\n If you live in Victoria, your smart meter<\/a> will offer half-hourly data on your energy usage, so you can pin point how much electricity the washing machine is using at certain times. This can help you determine whether or not you want to continue using it during peak power periods.<\/p>\n\n\n\n The reading is remotely sent to energy distributors and retailers every day, which means you can easily access and view your energy usage via our My Account<\/a> portal or handy mobile app<\/a> \u2013 putting the control, quite literally, back in your hands.<\/p>\n\n\n\n You can really unleash the power, pardon the pun, of smart meters when you partner them with smart devices<\/a>, which can be controlled remotely. Being able to remotely control the appliances in your home will allow you to set your products to only come on during<\/a> off-peak hours. <\/p>\n\n\n\n In order to take advantage of a Time of Use Tariff, you may need to change your current tariff (which you can find on the second page of your electricity bill<\/a>). You’ll also need to have a compatible meter. Generally, this means you’ll need either a digital or smart meter<\/a>, however, some basic meters may have the capability to support this tariff, please get in touch with us if you’re unsure. <\/p>\n\n\n\n Also worth noting is you only change your tariff once every twelve months. Checking the peak, shoulder and off peak rates and timings will help determine whether a time of use tariff suits your household and lifestyle. <\/p>\n\n\n\nHow smart meters can help you take control<\/h2>\n\n\n\n
Things to consider<\/h2>\n\n\n\n