Slash Your Energy Bills: 4 Smart Strategies You Can't Afford to Miss!
As energy prices surge this October, with an average increase of £35 annually for households, keeping bills in check has become more crucial than ever. Here are four key strategies to help manage rising costs:
Consider Fixed Tariffs: The energy regulator Ofgem is encouraging consumers to switch to fixed-rate deals. These plans shelter users from fluctuating rates, saving up to 17% compared to variable rates expected after the price cap increase. Switching now could save a typical household around £250 over the next year. Be sure to check various offers and watch for potential exit fees.
2. Submit Accurate Meter Readings: Many people still receive bills based on estimates, leading to possible overcharges. If you can provide regular meter readings or have a smart meter, opt for direct debit to capitalize on fixed deals.
3. Explore Support for Low-Income Households: Aid is available for those facing financial hardship. This winter, £150 will be automatically deducted for individuals on means-tested benefits, while additional supports like Cold Weather Payments may be accessible. Utilities often provide hardship grants, and the Fuel Direct Scheme can assist in repaying energy debts.
4. Implement Energy-Saving Habits: Achieving comfort doesn’t mean costly bills. Recommendations include:
- Using thick curtains and sealing drafts.
Heating only inhabited rooms and reducing radiator output.
Batch cooking and utilizing energy-efficient appliances like air fryers or microwaves.
Shorter showers and lower washing temperatures (30C instead of 40C).
Drying clothes outdoors when possible, rather than using tumble dryers.
For those contemplating a home move or renovations, investing in energy-efficient appliances can lead to longstanding savings. With the right strategies, you can stay warm without breaking the bank!