On 1st April, price caps for gas and electricity are going to be raised by £117, to £1254 a year. This will affect customers on default and standard variable electricity and gas tariffs, whilst those using pre-payment meters will see a rise of £106.
Impacting approximately 15 million households in the UK, now seems like a good time to come up with some energy-saving solutions to keep costs as low as possible. As well as saving you money, reducing energy consumption is also good for the environment—definitely an added bonus!
Choosing appliances with good energy ratings can help reduce your electricity costs massively. Ideally, you should only choose appliances that are A-rated (at least). They might be a little more costly, but it would work out well in the long run because of the money you would save on energy bills. You could go even further and choose products that are A+ or above, as they could save you even more.
According to Which?, the average loft insulation costs £300 for a three-bedroom, semi-detached house with central heating. Despite the upfront cost, choosing to insulate could mean that you recoup the initial payment within two years, and continue to save on heating bills thereafter.
You might be surprised, but traditional incandescent light bulbs actually consume a large amount of electricity. You should consider switching to halogen incandescent bulbs, or compact fluorescent (CFLs) as they have the potential to use 80% less electricity than traditional light bulbs. They can also last up to 25 times longer!
According to the Energy Saving Trust, you could save over £30 a year just by turning your appliances off standby mode. It is often forgotten that most appliances don’t reset themselves if you turn the plug off, the only exceptions being TV recorders, satellites and anything that operates on standby.
It may seem obvious, but putting on an extra jumper instead of turning on the heating can save you a surprising amount! Last month, a British couple claimed they saved £15,000 by turning off their central heating for ten years. We don’t recommend that you go that far, but it just goes to show that choosing to layer up instead of turning up the thermostat could save you a lot in the long run.
We hope that some of these tips will help to reduce your gas and electricity bills! Here at Abode, we have plenty of advice on all things housing. We are experts in finding houses and delivering homes, and can help you rent, sell or manage your property, easily and quickly. Get in touch today.