estimate energy bills – the cost of living
This quick post is for anybody wondering how much money they need to put aside for energy.
- If you don’t use electricity for keeping warm, your summer and winter electricity bills will be similar. In the past we’d need more electricity for lighting in winter, today’s LED lamps reduce the difference between the seasons.
- Based on the three years data below, electricity will cost you between £270 and £450 per year (say £35 month).
- Based on the data below, heating will cost you between £400 and £550 per year (say £35 month).
- Averaging it all, you should put aside £70 – £85 every month of the year.
|Size of flat / condo 500 sq feet|
|Heating using oil||Electricity for lighting and hot water|