One thing that’s for certain is that home energy prices and costs are not going down. In fact, in the UK the cost of electricity and gas are one of the largest aspects fuelling inflation.
Home energy monitors can provide you with a better understanding of the amount of energy use there is, how much is being used and also the areas that you can make cuts. These devices show all sorts of other details too, including how much CO2 is being emitted from your home, when your highest usage times are and a range of other information.
These monitors are simple to install and require just some simple tools. A transmitter is then clipped to a cable on your gas or electric meter. This will then send information to the monitor itself.
The whole system is very easy to set up and usually involves just entering details regarding unit rates of power or heat.
One thing to note is that these energy monitors don’t save cash per se, but they do show you where you are wasting energy and where you can change habits.
Unlike a scenario where you just get cheaper power and continue your bad habits, these devices improve your habits and so can result in significant savings if you make the effort. Estimates by the Energy Savings Trust in the UK suggest that they can create 8 per cent savings on average – a reasonable amount off the average bill if you ask us.
The devices are worth it on a number of levels. In most cases you will save because you have changed your bad habits. In turn, this means using less electricity, something that’s good for the world around us.
Some even include specific plugs for appliances that link to the main monitor; this allows people to see the amount of power one specific appliance uses and is very beneficial if you’re looking for the items that really feast on fossil fuel.
Some suppliers even will offer you monitors for free on specific tariffs, however one thing to be aware of here is that they will also offer you a higher price for a unit of energy to recover the cost. Purchasing a monitor separately can be a far better way to go in the long run and allows you to lower costs.
In a lot of cases, many new meter boxes come with the monitors as standard. This has been encouraged by governments to allow people a more transparent view of where their energy costs are and where they can make cuts.
Energy monitors are very beneficial and something that we will see more and more of in the near future and rightly so.