One thing that you can be sure about is that having your own accommodation can be expensive. Leaving the comfort of your hall and entering the world of private renting can be a daunting experience, especially when managing the bills.

Water, Electric and Gas are all crucial components of comfortable living – so we have no choice but to conform. Sigh.

You can easily reduce your monthly costs by using a few simple tips and tricks. To help you on this quest for comfortable and affordable living, we have put together our favourites.

Reduce Your Usage

Reducing your daily usage can be one of the easiest and most effective ways of saving money on utilities.

By simply turning the lights off in rooms (when you’re not using them - we don’t expect you to develop night vision) or turning plugs off at the mains, you can save a large amount each month.

Turning down the thermostat by as little as 1 degree can save you a massive 10% on your overall costs every year – just one example of how effective reduction can be.

But don’t take our word for it, try it yourself!

Guesstimates

A ‘Guesstimate’ is an estimate based on a mixture of guesswork and calculation.

Some companies will attempt to charge you using a guestimate calculation -  basically charging you what they ‘feel’ you are using.

It is recommended that you avoid guesstimates – the figures are often inaccurate and you end up paying more than you use.

So how do you avoid guesstimates? Simple – take monthly readings of your gas and electricity meters and send them over to your provider. This way, the providers must charge you what you’re using as they will have a month by month record, rather than completely guessing your usage.

Comparisons

Changing provider can be one of the most effective ways of saving money on your bills. It can be tempting to stay with the same provider for ease, yet price comparisons are so easy to use, there’s no reason as to why you shouldn’t look around.

Fix them Fees

Fixed gas and electric fees can be one of the most effective ways to save money on your bills. By agreeing a fixed monthly fee, you and your housemates can budget effectively each month, as you will be aware of what needs to be paid.

Not only does it stop your price spiking (for the length of your contract) but it enables you to split the bills with flat mates equally each month - without an argument about who used the shower the most).

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