Personal Finance/Wealth Management
Slay Those Parasites Hiding In Your Home
Vampire electrical devices constantly suck money out of your bank account
The war in Ukraine together with the sanction on Russia has triggered the global rising cost of energy in most households. In looking for another way to save money, I am looking at Parasites household appliances.
What Are Parasite Appliances?
These are those appliances, which still use electricity, even if turned off. Some people refer to them as Vampire Appliances, so-called after the ‘blood-sucking’ animal, vampire. British Gas mentioned that vampire appliances could add up to twenty percent to household bills in a year. Examples are:
- Cable/satellite boxes
- Digital TV converters
- DVR, VCR, DVD players
- Mobile/cellular devices
- MP3 players
- Video game consoles
- Standby coffee makers
- Devices that turn on instantly via remote control
- Automated garage doors.
I got rid of my Sky box because it is the one you have to keep on, and I hate leaving appliances on when I am not in. I got another that is flexible to turn on and off.
Parasite devices are costing much more in wasted electricity, and it is needless to waste what you could save.
Last year, British Gas put the national cost of vampire electricity at £2.2 billion. When next month’s price rise is factored in, that will rise to an estimated £3.3 billion.
Non-remote vampires, which leech on a constant supply of electricity to keep them in real-time:
- Digital Radios
- Microwaves
- Alarm clocks
- Smart home devices (Voice recognition devices like Alexa, Google Home)
- Music speakers
- Mobile phones/Tablets — when they’re charging but not on/or are fully charged
- Laptops — when they’re charging but not on/or are fully charged
- Printers, fax machines, shredders
- White goods (Tumble dryers, washing machines, dishwashers)
- Kitchen appliances (Coffee machines, kettles)
How To Slay The Vampires
- Do not overcharge your devices, especially mobile phones or laptops. Get into the habit of unplugging fully charged electrical devices. Not overcharging devices also extend the battery life
- Switch all appliances off at the mains, if possible except, of course, the fridges and freezers.
- You can put your electrical devices on a single extension lead or power strip(with surge protection), to make it easier to put all off at once on the mains.
- Avoid leaving any appliances on standby mode.
- Use energy-efficient models in your devices. This is particularly relevant for fridges and freezers.
- Get used to washing on a full load, rather than multiple washes.
The Takeaways
- Unplugging electrical devices that are not in use can lower your electric bill.
- Newer models are said to be energy efficient, which means they use lesser energy when on, but you still waste energy if you leave it on standby.
- Reducing waste like this also reduces the overall demand on the central power grid and benefits the environment.
- The hidden cost of unused electricity in an average home is £200 per annum.
About The Author
Lanu Pitan is a Nigerian ex-pat living in the United Kingdom. She is a Chartered Accountant for many years before she retired as a Group Head Finance of a Publicly quoted Insurance Company. She now manages her own small operation.
