1. Switch off plugs when not in use

When appliances such as televisions, TV set-up boxes, speakers, and microwave ovens are left on standby, they can unknowingly consume large amounts of power, accounting for up to 10% of your electricity bill.

For instance, vampire power sockets can cost you an additional S$25 per year, while leaving the water heater on can cost you an additional S$110 per year. By switching them off at the power source, you will be able to save up to S$150 annually!

2. Choose energy-efficient appliances with higher energy ratings

Before buying new appliances, be sure to check their energy-efficiency labels and choose those with 4- or 5-tick ratings. Though they may cost slightly more upfront, you will end up saving more over the lifetime of the appliance.

For instance, using a 5-ticks air conditioner instead of a 2-ticks model will potentially save you up to S$270 per year. Similarly, using a 4-ticks energy-saving fridge instead of a 2-ticks model can save you up to S$70 per year.

3. Switch to LED lights

Considering whether to choose LED bulbs, energy-saving lights, or incandescent bulbs? LED bulbs generally use the least amount of electricity to achieve the same level of brightness as other types of bulbs.

By switching to LED lights, you can save up to S$35 per bulb annually. Moreover, LED lights have a longer lifespan, providing you with long-term cost savings by reducing your average electricity bill.

4. Stay at 25˚C

In our sweltering climate, air conditioners have become a daily necessity. However, did you know that each time you increase the temperature by a degree, you can save up to S$25 per year on your electricity bill?

Consider setting the temperature to at least 25˚C for both your comfort and the benefit of your wallet.

5. Go natural

Compared to air conditioners, fans use less than 10% of the electricity when switched on for the same amount of time.

By opening the windows and switching to a fan, you can stay cool naturally and save up to S$842 annually.

When you give these tips a go, you can potentially save more than S$1,400 every year!

According to dbs.com.sg