Whether you’re moving to your newly purchased home or to a rental one, utility bills are very important. You want to know how much you will be paying for them so that you can decide on the next move.
If you’ve never experienced this process, it’s beneficial to know that it won’t take much of your time. The process mainly involves you sending a formal request to your service provider, and they’ll come and install all the utility services you need.
Unless you’re planning on going off the grid, you’ll need these utility services to feel more at home. For this reason, it’s important to know everything important about utility bills and their costs.
Here are some of the key things you should know about them;
What are utility bills?
Utilities are basically all the services you’ll need to feel more comfortable. They include sewage and trash collection, electricity, water, cable TV, internet, gas, security systems, and telephone.
Utility bills, on the other hand, are the costs you’ll have as a home or an office to get access to all these services. For convenience, it’s important to plan the utility services you can afford based on your monthly budget.
If your income isn’t adequate for all the services, you can eliminate all the services you can do without.
Types of utility costs for homeowners
Utility bills are supposed to be evaluated and included on the items connected to your home such as insurance policies, mortgages, or taxes. The utility bills you should expect for your home include;
1. Electricity and gas bill
Electricity bills come from the supply of power, heating, and lighting you’ve been getting over a given period of time. However, it’s important to note all homes do not get the same electricity and gas bills.
This is because these homes incur different consumption rates. Generally, bigger homes are bound to get higher electricity and gas bills compared to smaller homes.
2. Water and sewerage bill
For any home, whether big or small, this is one of the most basic utility bills. The water used by your entire household over a given period is covered in a monthly bill. This is done with the aid of a water meter which keeps track of the water levels you’re consuming each day.
Running water and sewerage for any household is provided by the public utility commission of your respective city.
3. Trash and recycling bill
Since all the waste in your trash cans has to be gotten rid of to keep your home clean and tidy, trash and recycling bills are very important. However, unlike other utility bills on this list, the trash and recycling bill is often fixed.
4. Technology bill
Although this utility bill isn’t as important as others, it does have its uses and following. In this bill, homeowners pay for utility services such as cable TV, internet connection, and telephone.
Are the utility bills different in owned homes compared to rented ones?
The answer is yes. If you purchase a given home, you become solely responsible for all the utility bills that will come your way. However, if you’re living in a rented home, there is always room for negotiation with your landlord.
You and your landlord have to develop specific details to ensure some inconveniences do not happen in the future. All of these details are often stated on a lease. The best thing about paying utility bills in a rented home is that you and your landlord get to split them.
For example, the landlord can decide to pay for your water and electricity bills as you pay for internet and cable TV.
How do you efficiently save on your utility bills?
Some of these utility bills can be very expensive for some people to avoid. For this reason, many people are always finding new ways to save money on their utility bills. This task is not easy as some people end up opting out of some utility services.
However, there are a few tips you can follow to save on utility costs. These tips include;
1. Cutting the costs on your home’s heating and cooling bills
Several tips can help your home save on the cost of heating and cooling. They include;
- Purchasing a smart thermostat.
- Adjust the temperature on your water heater.
- Use insulators.
2. Cutting the costs on your electricity bills
There is no denying that electricity bills often give homeowners a hard time. They tend to be very expensive for many people. Electricity prices are always rising, and this makes life a bit harder for homeowners trying to cope.
However, you shouldn’t worry about it if you reside in Australia. Electricity Monster is widely known as a free service that searches for suppliers who can offer great deals on electricity and gas. You can always find more about Electricity Monster here, electricitymonster.com.au.
You can also save a lot on your electricity bills if you decide to use these tips;
- Ensure that your home uses energy-saving bulbs.
- Always unplug the electronics you’re not using at any given time.
- Install solar panels.
- Replace faulty water heaters. Use an electrical water heater rather than a gas-powered one.
3. Cutting costs on your water bills
The best way to do this is by doing the following;
- Always turn off the faucet when brushing your teeth.
- Make your showers a bit shorter.
4. Cutting costs on gas bills
You can achieve this by doing the following;
- Perform regular maintenance of your furnace.
- Replace your furnace air filter.
5. Cutting costs on trash and recycling bills
The best way to cut down on how much you spend on trash and recycling is by disposing of less garbage. After doing so, ensure that you find a private collection company that charges per the bags used.
To cut down on the utility bills you pay every other month requires discipline. You have to cut the cord and be ready to make compromises to your home activities. Think about it. How important comfort is to you?