Home Energy Usage: Powering, lighting and heating your home efficiently.
Posted by Uma Mahadeva 8 September 2015.
Next to mortgage repayments energy usage is one of the highest costs of your dwelling.
Recent rises in energy rate (both electricity and gas) has caused a large increase in energy bills even before the implementation of the carbon tax.
Energy consumption of the average Australian household is related to:
- Type of house hold
- The presence of alternative energy sources (mainly solar electricity and hot water).
More information can be found here:
If you are concerned about the energy usage of your household as compared to the average household in Australia a rating system has been designed by the NSW Office of Environment and Heritage and applied nationally by the Commonwealth Government to new commercial buildings.
The star rating tool can be used to assess your energy usage at home and can be found here:
There are many alternative energy options among them:
Solar: – Although the solar rebate has ended many households are still considering solar panels as a backup for power of the grid. As solar panels become more efficient some households feed power back into the grid during the summer months.
Solar with battery backup:
Solar Thermal energy: Parabolic mirrors are used to heat a salt filled tower which in converts water to steam to spin a generator turbine to produce electricity. South Australia and Queensland are building these types of power plants.
Wind: relatively new compared to solar. As wind energy is limited to flat, obstacle free areas such as the coast and deserts. This limits where wind turbines can be built.
Fuel Cell technology: Fuel cell technology for the home/office has been developed by the CSIRO. The system uses natural gas to produce electricity and gives hot water as a by-product. More information here:
Then there is the obvious solution of saving energy by changing to more energy efficient usage e.g. energy efficient bulbs, using gas for cooking and heating instead of electricity, considering evaporative cooling as opposed to refrigerated cooling, double glazing and installing insulation for older homes.
This article is general in nature and is not intended to replace the advice of a qualified professional. If you wish to look at refinancing options for an energy efficient renovation or general home renovation please contact us on the number below.
Objective Financial Solutions Pty Ltd
ATF Mahadeva Family Trust.
Credit Representative number: 474831
Licensee of Connective Credit Services.
Australian Credit License: 389328