Unlocking the Hidden Profits: How Energy Efficiency is Revolutionizing Corporate Bottom Lines

The most important thing is to apply not only the well-known saving rules, but also to use additional solutions that will prevent inefficient electricity consumption and reduce electricity bills.

“If you want to consume less electricity at home, you need to remember the simplest tips – turn off the light when you leave the room, pull the switches of unused electrical appliances from the sockets, boil only as much water in the teapot as is necessary at the time, etc. If you are already used to following such economical electricity usage hygiene, you can also look into smart solutions that allow you to save even more”, says M. Kavaliauskas and shares tips that can help you control your electricity bills.

Company photo/Mantas Kavaliauskas

A smart electricity meter is a necessity in every home

Smart electricity meters, which have been installed in the country for several years, allow you to monitor in real time how much energy you use and what time of day the consumption is the highest. According to the company’s representative, this helps to clearly understand when your electricity needs are the highest and to adjust the habits accordingly for users who choose the exchange plan.

“By monitoring the data of the smart meter and the electricity consumption at home, it is possible to discover the devices that consume the most electricity and determine the times when you consume the most electricity. If you notice that your consumption is higher during peak hours – in the mornings or evenings – you can try certain tasks, for example, delaying the start of the dishwasher or washing machine and do it during off-peak hours, when the price of electricity on the exchange is lower,” says M. Kavaliauskas.

According to ESO data, 242 thousand were installed in Lithuania this year. smart electricity meters. From 2022, almost 1 million people will already be using smart electricity meters. electricity consumers.

A plan tailored to your electricity consumption habits

The liberalization of the electricity market gives consumers the opportunity to freely choose not only an independent electricity supplier, but also an electricity supply plan, taking into account the best price-consumption ratio. Currently, electricity providers offer a variety of plans that respond to different consumption patterns.

M. Kavaliauskas advises first to use the calculator of the State Energy Regulatory Council (VERT), which filters out the offers of all independent electricity suppliers based on the entered amount of electricity consumption. Then it remains to decide which electricity supply plan and the offered price best meet the user’s expectations.

Apps to help you track your energy consumption

Currently, a number of smart apps have been introduced to track and analyze electricity consumption. Such apps allow you to monitor how much electricity is consumed on a daily basis, which is extremely useful in order to use electricity efficiently and thus reduce bills.

Smart home solutions are a smart investment

The latest technologies make it possible to optimize the energy costs of heating, lighting and even household appliances. Depending on the household and total electricity consumption, smart solutions can help save 10 to 30 percent. annual expenses.

M. Kavaliauskas suggests that you consider installing smart devices at home that would contribute to more efficient electricity consumption. For example, smart thermoregulation automatically sets a lower heating temperature when it’s warm outside or when you’re away. And smart sensors help ensure that the lighting is turned off when there is no one in the room. Also popular at the moment are smart electrical plugs that determine when the device should be turned on or off.

Clear plan – lower electricity bill

According to M. Kavaliauskas, one of the most universal and effective tips is to monitor and plan your monthly energy costs. It is useful to compare electricity bills not only from previous months, but also from last year. Knowing your habits makes it easier to regulate your electricity consumption, so you can set the maximum budget and avoid unplanned expenses.

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