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Home Financial Literacy

How to reduce your electricity bill in Lagos

NM Personal Finance by NM Personal Finance
November 19, 2021
in Financial Literacy, Personal Finance, Spotlight
electricity bill
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With the recent hike in electricity tariff, everyone is looking for ways to cut costs, especially if you already have a prepaid meter installed at home.

Over the last year, there have been frequent increases in electricity tariff and it is only wise for one to explore all efforts to reduce electricity usage so as to pay less.

Things are hard enough as it is especially in a place like Lagos, and if you don’t plan to pay double, you have to adjust accordingly. Although you would certainly pay more, but knowing how to reduce your electricity usage in Lagos would do you a lot of good. Read on to find out a few tips on how you can reduce your electricity bill.

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How to Reduce Your Electricity Bill in Lagos

To start with, you should know that for these tips to work for you; you need a prepaid meter installed. Without a prepaid meter, your bill pretty much runs on estimates and leaves you with little room to contest its accuracy. If you want to save power, start by getting a prepaid meter installed at home.

After that, here are a few tips on how to reduce your electricity bill in Lagos:

READ: Buhari moves against DISCOs that collect money for prepaid meters

1. Sniff out background power consumption:

Many don’t know this, but turning off a device while leaving it plugged in does not cut off the power supply. The device still consumes residue energy called vampire or stand by power. To avoid this, cut off power to a device by turning off the socket and the device’s power switch.

2. Replace all your bulbs at home with energy-efficient models:

Although non-energy-efficient bulbs are cheaper to purchase, they become more expensive in the long run to use. This is because they consume far more power than energy-saving bulbs. For example, the average wattage of an ordinary bulb is around 60 to 200. However, energy-saving bulbs are as low as 7 to 11 watts. This means that one would consume more than ten times the other’s power; the choice is yours. Also, it would help if you become more cautious with how long you leave your bulb on. Turn them off during the day, and when you want to sleep at night; especially your kitchen, toilet and bathroom lights. Only leave security lights on.

READ: Eden Life set out to automate domestic chores for busy people – CEO

3. Limit your fan and Air conditioner’s runtime:

The ceiling fan is one of the home’s highest passive power consumers. You might not know it, but your fan practically runs all day and night, which significantly impacts your power bills. One thing you can do is replace all your fans with energy-efficient models if you have the means. However, if you don’t have the energy-efficient model, simply regulate how long the fan runs. The energy-consuming capacity of an air conditioner is well known. Keep it running for a day, and it would make a telling impact on your bills. A 1.5hp (1119watts) Ac running for 10 hours at a rate of N60 per kilowatt would cost you well over N30,000 alone. You can shuffle run time between your fan and air conditioner, depending on how many units you purchase per month. Limiting your fan to running only about 8 hours a day can save you hundreds of naira.

READ: FG to revive 3 power projects in Abia by first quarter 2021

4. Revisit your refrigerator:

This is another appliance that consumes the most power at home. The average watt consumption of a refrigerator is 1200 watts per day (depending on the model), which means they consume one of, if not the highest power at home. You can reduce consumption by purchasing a smaller freezer, which is the more expensive approach or doing the following:

  • Move the refrigerator to an area with adequate air circulation, as it helps it become more power-efficient.
  • Your fridge should also be at least 2 inches away from the wall and not stand directly exposed to sunlight.
  • Another thing you should do is not stuff up your refrigerator. This reduces the overall efficiency of the unit because of the lesser space available for air circulation. It also means that the unit would draw more power to meet the demand. Ensure you defrost the fridge regularly too

READ: Strategies to Reduce Expenses and Save Money

Asides from the tips mentioned in this article, you should also sit down to study your home. If possible, create a list of all your appliances and their watt rating. Start trimming down consumption by replacing the device with a more energy-efficient model, or reducing its use.


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Tags: Electricity billNigeria News
NM Personal Finance

NM Personal Finance

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Comments 10

  1. Ifeoluwa says:
    January 24, 2021 at 11:25 am

    Well written. Thanks for this now I have more knowledge about how electricity is being consumed

    Reply
  2. Anonymous says:
    January 24, 2021 at 11:49 am

    Nice tips thanks

    Reply
  3. David says:
    January 24, 2021 at 6:24 pm

    Thanks for the insight

    Reply
  4. Anonymous says:
    January 24, 2021 at 7:37 pm

    There are energy saving refrigerator now.

    Reply
  5. Chukwurah U. Paul says:
    January 25, 2021 at 8:21 am

    Thank you immensely for all the tips. They are very insightful.
    Remain Blessed

    Reply
  6. Madubuike O.Nwajagu says:
    January 25, 2021 at 9:34 am

    Very informative and educative article. Thanks for sharing. Remain safe and blessed.

    Reply
  7. Mbuko Dike says:
    January 26, 2021 at 8:53 am

    This is one of best articles this year thanks

    Reply
  8. Kayode says:
    February 3, 2021 at 2:18 am

    Thank you greatly for this, surely these tips would help me.

    Reply
  9. Coaurage says:
    July 9, 2021 at 9:45 am

    Thanks please what is the best model of prepaid meter that saves money

    Reply
  10. Emmanuel says:
    August 17, 2022 at 11:07 am

    Thank you for this great insight. Now i can better reduce my energy consumption.

    Reply

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