5 Ways Technology can Help you Save Money

More often than not, we associate technology with cost. After all, it can be expensive to buy, even more costly to fix when things go wrong and not always cheap to run when things go right. However, technology can also be used to save your money. The trick is to know which gadgets are designed for what purpose, and below is a look into five such devices.

1. Energy saving apps

These apps are targeted at the basic areas of power consumption. Apps are available to show which light-bulbs are being left on needlessly, control the thermostat in your house while you’re on the move, and even calculate your most and least energy inefficient appliances. Small tech with big ideas; apps are cheap (or free) and easy to use.

2. Energy monitors

These devices are simple to use and offer a comprehensive picture of energy use and how it impacts on gas and electricity prices. Available from a number of high street retailers and in various models, energy monitors do not send any information to your supplier but simply report back to you so you can see where you stand.

With some houses potentially spending as much as £150 a year on powering devices on standby, having an instant appraisal of how much power you’re using at any given time is invaluable. Similarly, some energy suppliers also release this data so you can see exactly where your bills are being generated such as npower who switched to a newclear to understand bill.

3. Smart meters

Often confused with energy monitors, smart meters are designed to eliminate estimated energy use prices. Smart meters send accurate, regular meter readings and come with a handheld device that acts like an energy monitor as well. Currently being trialled as a pilot scheme, their introduction in 2015 should spell good news for consumers.

However, consumers need to know more than just accurate readings when it comes to their electricity supply. It is important to understand who handles the power distribution to their home and what this means in emergency situations.

4. LED light-bulbs

Small changes make big differences and LED light-bulbs are probably the smallest tech change available. With the technology continually improving and power ratings increasing, an initial expensive outlay is more than repaid over the average lifespan.

5. Upgrades

This is an often overlooked solution and it shouldn't be. Minimum standards on energy efficiency ensure new technology is often the best way to save energy and money over its lifetime. Comprehensive energy rating information is available at point of sale, as are good prices if you shop around. Like also if you need any android app which checks different usage of battery then check Battery Stats Android App

Upgrading your old appliances for new energy efficient ones can greatly reduce your energy usage and save you money on bills.
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