Call them hints, hacks, tips or tricks, it’s sometimes the smaller things in life that can save you a surprising amount of money. When it comes to paying out, energy bills are up there with the most expensive and, sadly, they could be about to rise.
In fact, energy bills are expected to be more costly for about 15 million households after Ofcom removed the price cap on tariffs, putting prices back to pre-pandemic levels. The move will come into force during April 2021, with the cap increasing by £96 to £1,138 for 11 million customers on a standard dual-fuel energy tariff, and by £87 to £1,156 for 4 million prepayment meter customers.
Why? Prices in the wholesale energy market have increased and at a quicker rate than expected, while energy suppliers need to balance their books after many households fell behind with their utility payments during the pandemic.
While you often read about the holy trinity of energy saving measures: installing the best double glazing, improving insulation and replacing inefficient boilers, there are some lesser known – and much cheaper – ways of reducing your energy consumption, saving you almost £1,000 over the course of a year. And as a bonus, the tips below can be used year-round, not just during the winter months.
Whether you’re watching your smart meter tip into the red due to online homeschooling, heating your property all day thanks to working from home or are constantly charging appliances because of battery drain, here are 5 ways to cut costs but not comfort:-
If you’re looking to move to a more energy efficient home, or would like advice on eco improvements that could improve your home’s EPC rating, please get in touch.
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