Are you wasting your money? A few small changes could save you hundreds.
Household bills keep on rising, with customers across the UK feeling the squeeze. While there’s not a lot you can do about energy prices, here are ten ways to reduce your energy bill each month. (Not only will you save a load of money, you’ll be doing you bit for the planet too!)
1. Switch energy supplier.
Most UK customers can knock nearly £300 off their energy bill by switching. Type in your postcode below and see what tariffs are available in your area.
Anyone can find out what improvements are needed by getting a Home Energy Check. The Energy Saving Trust have a great free tool on their website. It gives you a report about your home and how you can save energy in the longer term.
3. Make changes to your home.
Investing in insulation, a better boiler, or even solar panels can bring down bills while adding value to your property. If you’re interested in getting solar panels, it’s worth checking whether you’re eligible for a government grant to help get them fitted!
4. Turn down the heat.
Just 1°C can shave 10% off your heating costs. That’s between £80 and £100 for most UK customers.
5. Turn off the lights.
This is another obvious one, but you should turn off the lights if you’re not in the room. Recent smart technologies such as Hive allow customers to control lights, heating, and appliances from their phone. It’s better for your bills and better for the planet.
6. Drink less tea.
This one might be a stretch, but when you do boil the kettle, make sure you’re only filling it for the amount you need!
7. Energy saving bulbs.
Energy saving bulbs can last for 20,000 hours compared to 1,000 for a normal bulb. This adds up to around £55 saved over the lifetime of the bulb!
8. Fill up your dishwasher, washing machine or tumble dryer.
Full loads actually use less energy! Another handy trick is to wash dishes and clothes at a lower temperature.
9. Buy efficient appliances.
When you’re buying a new kitchen appliance or a TV, do you look at cost or the energy efficiency? A slightly more expensive initial cost could save you money in the long term through a smaller energy bill.
10. Check if your supplier has off-peak hours.
Some suppliers offer plans with free or heavily discounted electricity at night or on the weekend. Running your washing machine, dishwasher or other appliances during these hours can be a great way to cut costs.
Charlie Barton is a publisher at Finder. He specialises in banking and investments products, including banking apps, current accounts, share-dealing platforms and stocks and shares ISAs. Charlie has a first-class degree from the London School of Economics, and in his spare time enjoys long walks on the beach.
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