When it comes to powering your home, choosing between gas and electricity is one of the biggest decision you’ll make. Whether it’s the price of energy, the efficiency of appliances, or your home’s carbon footprint, there are several things to consider when making your choice.
In real terms, gas and electricity prices have been increasing over the last few years due to a range of factors. From 1 July 2017, the major energy retailers in South Australia and New South Wales have announced average increases of up to 17.5% for electricity and 7% for natural gas, with Victoria also set to change on 1 January 2018.
In such an environment, it is important to consider what energy sources are powering your household and how best to reduce your bills and carbon footprint.
On average, heating and cooling systems consume the most household energy (40%), followed by appliances, such as the fridge and cooktop (33%), and your hot water system (21% ). Your choices for these areas of household energy consumption will have the biggest impact on your bills.
Government data suggests gas heating systems produce up to 83% less greenhouse gas emissions than standard electric heaters, while for the warmer months, fans or evaporative coolers are more efficient. Instantaneous gas hot water systems are also generally more efficient, in terms of cost and reduced emissions output, than comparable electric ones.
Other household appliances, such as the fridge and cooktop, will vary in efficiency, and it pays to understand the energy rating of an appliance and its average consumption costs. The design and location of your home, connection costs, installation and maintenance all determine whether the appliance is right for your home.
Being aware of the special deals available from energy retailers can also help you significantly reduce your energy costs. The rise in retail competition means new packages can often amount to big savings. In 2014-15, savings made from changing energy providers ranged from $52 to a $289 per annum, so it certainly pays to do your research.
Once you understand the needs of your home, read up on the appliances available and see what deals are on offer, and it will be clear if gas or electricity is the right choice for you.
What powers your home? Find out more about : connecting up to gas today.