Personal Finance
How to Save On Electricity Costs When Working From Home
By ValueChampion  •  February 24, 2021
As 8 in 10 Singaporeans want to or already have been working from home since the Covid-19 pandemic, one might expect to see an increase in their electricity bills. In 2020 alone, electricity consumption in households increased by 6.46% from 2019. To help you counter the effects of a larger electricity bill, we list some simple but effective measures you can take. Install Smart Tech Where Possible One thing you can do to reduce your energy costs is to install smart technology where possible. For instance, heating and cooling systems account for a third of your electricity bill. A smart thermostat can be cost-effective since it automatically turns off the heating/cooling system when you are out, and puts it on before you return. Moreover, you can track your usage and adjust your heating/cooling accordingly. While switching systems might seem like a high upfront cost, the amount you pay can be...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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