September marks the start of a new academic year and whether you’re a fresher just starting out at university, you’ve moved into a second-year house share with your new friends or you’re a Postgraduate student, there’s a lot to think about - not only for your exams but your bank balance too!
From student loans to daily budgeting, your energy usage might be at the bottom of the list of things to keep track of. But, understanding how you’re using energy and taking some simple steps to reduce it can pay off, leaving you more money to spend elsewhere.
Why should I use less energy?
As we come into the colder months of the year and with energy costs rising, using less energy is a great place to start if you’re looking to cut your outgoings. It’s simple. The less energy you use the less you pay.
But, you can also feel good about making energy-saving changes. The less energy you use, the less dirty, non-renewable energy is being used too - cutting your carbon footprint in the process. Even if you’re on a green tariff, there can be many shades of ‘green’ and your tariff may not be as environmentally-friendly as you first expected. So using less is a great way to guarantee it. Save energy. Save money. Save the planet!
So, how do you get started? That’s where a free energy-saving tool like Loop can help. Loop is a free app that links to your smart meter, analyses your energy data and shows you easy ways to reduce usage - all on your smartphone! See which energy-saving efforts will unlock the biggest savings for you, so you know where to focus your attention.
Rental considerations
Using less energy is key to saving money on your energy bill. But, the type of property you’re renting can make a difference too.
Perhaps you’re planning ahead for your second-year house share or maybe you’re looking for a change of scene for your Masters degree. Either way, when it comes to choosing your next rental, remember to scrutinise the EPC rating of the property.
An EPC rating is a review of a household's energy efficiency on a scale of A-G. If the rating is below C, the house is not very energy efficient and you’ll be paying more for energy than you should. This could be because of poor insulation levels or old inefficient appliances.
These are all costly improvements a landlord would need to arrange, so it’s an important consideration ahead of locking into a new tenancy.
House share checklist
If you’ve just moved into a house share for the first time, it can be quite overwhelming with things to organise. Follow this checklist to get up and running with your energy bill and take away some of the stress of moving day!
Energy-saving tips to help you save
Once you’ve settled into your new place, the hard part is over. Now it’s just a matter of making a few simple lifestyle commitments to keep your energy bills low.
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With Loop, you can find out how you use electricity, then make smart decisions about using less.
Got a smart meter? Great news! Link the Loop app and enjoy full access to all Loop benefits for free, no purchase required.