To assist you in reducing your energy expense, we have compiled our best advice for keeping your bills as low as possible.
1. CAN I SAVE MONEY ON ENERGY BY SWITCHING TO A FIXED RATE TARIFF?
Typically, fixed-rate energy tariffs are the best method to lock in a low price for your gas and electricity, but because wholesale costs are so high, any fixed-rate plan will be pricey at the moment.
The best advise for the time being is to remain put until energy prices stabilize and deals resume.
2. SAVE MONEY ON ENERGY BILLS USING DIRECT DEBIT
Setting up a direct debit for your energy payment is a smart option, since it will immediately reduce your cost. Not only will you never forget to pay, but it is also around 7 percent, or £85 per year, cheaper than alternative payment methods. Don’t forget to provide your provider with frequent meter readings so that you pay the right amount each month. Typically, this may be done online, via an app, or automatically with a smart meter. Accurate meter readings can reduce your energy expenditures by preventing you from overpaying for predicted charges.
3. TURN THE HEATING DOWN
The majority of your energy account is comprised of heating and hot water bills, thus this is where the most savings may be realized. Start by lowering your thermostat by one degree; doing so might save you up to £80 annually on your energy expenses.
Energy Saving Trust offers advice on how to minimize energy use.
4. CUT YOUR SHOWER TIME IN HALF TO SAVE ENERGY
If you have a meter, shaving one minute off your daily shower routine may save you £75 per year in electricity costs and £105 per year in water costs.
5. FIT A WATER-SAVING SHOWER HEAD
Water saving shower heads are designed to use less water without compromising on the pressure of your shower.
6. GET A NEW BOILER
The majority of your energy account is comprised of heating and hot water bills, thus this is where the most savings may be realized. Start by lowering your thermostat by one degree; doing so might save you up to £80 annually on your energy expenses. Energy Saving Trust offers advice on how to minimize energy use.
If you can afford the initial cost, replacing your old, inefficient boiler with a new, energy-efficient one may save you up to £300 per year, according to experts. Consider purchasing an A-rated boiler. Ensure that you get boiler cover from Corgi Home Plan to keep it running like new.
Consider applying for the Clean Heat Grant; you might earn £7,000 to replace your boiler with an eco-friendly one. The government will offer the Clean Heat grant next year.
7. TURN OFF APPLIANCES
According to the energy provider Utilita, the average British household has ten unused electrical appliances plugged in and turned on at any given time. Turning off your television at the mains can save you up to £16 per year in power costs. Using an Xbox or Playstation can increase that number by double. It everything works out.
8. BUY ENERGY EFFICIENT WHITE GOODS TO SAVE ENERGY
When your refrigerator and washing machine reach the end of their useful lives, replace them with the most energy-efficient models available. According to Energy Local, upgrading from a C-rated refrigerator-freezer to a top-rated A+++ model may save you £113 per year.
9. PERFORM YOUR LAUNDRY AT A LOWER TEMPERATURE
According to Which?, if you do your laundry four times per week at 20 degrees rather than 40 degrees, you may save £24 per year. According to the Energy Saving Trust, eliminating one cycle each week, possibly by wearing your clothing more before washing them, could save you £5 per year.
10. STOP USING THE ENERGY-GUZZLING TUMBLE DRYER
According to the Energy Saving Trust, if you never use your tumble dryer, you might save £40 each year. If feasible, dry your clothing on a clothesline or clothes horse.
As you can see it is actually rather easy to start saving money on your electric bills on a monthly and yearly basis. It all starts with simple tasks and you begin to build on them. The money you save begins to compound as you begin to do more to cut your energy costs. Not only are you saving money, you are living a much more eco-friendly lifestyle. Which in turn is going to help your family as well as future generations.
You don’t have to try and change the world in a day, just start with simple tasks today.