Energy prices are on the rise again. The energy cap goes up by £140 from 1st October 2021 affecting those on pre-pay meters who ALREADY pay more for their energy, and those of us on variable rate tariffs.
The wholesale price of gas has gone up by 300% this year, and we have seen prices creep up throughout this year. Gas is running low due to many factors, increased demand in the Far East, not enough wind in Sept and a cold winter last year. When supply is low, prices increase and those price increases are passed onto us the customers.
I have done an interview on BBC Radio Five Live and talked about all my money saving tips for energy usage. I am also doing a Q&A with BBC News Channel at 11:30. People need information hence I wanted to share all of my energy saving tips in an up to date article.
Firstly Switch to ensure you are on the best deal.
If you are coming to end of your fixed deal its always worth shopping around for a better deal, or maybe you are on a variable rate tariff (that will be price capped) it is always worth doing a comparison to check to see if you can save. There are lots of comparison sites you can try to look at all providers, but I personally recommend Octopus Energy. I have been a customer for four years and they consistently offer me the best value tariff, have great customer service and offer renewable energy. If you compare and can save and switch using my refer a friend link we both get a £50 credit to our bills. Every little helps this winter.
If you need to switch, or you are on a variable rate tariff or a pre-pay meter you are going to see your energy costs rise. The next plan of attack to reduce your usage.
Be Mindful of Your Energy Usage
This takes some intention and a change to habits for the whole family, but making these changes will save you ££s every month. Some of the changes are simple, and you just need to get into the habit of doing them.
- Turn the thermostat down by 1 degree. If 22 degrees is your preferred temperature, reduce it to 21 degrees.
- Switch to low energy light bulbs.
- Use the tumble dryer less and invest in a clothes dryer rail, each tumble dryer cycle was costing me £1
- Use the slow cooker for food rather than microwave, oven or induction hob.
- Let your hair dry naturally, hair dryer are greedy with energy
- Boil your kettle only with water for one cup, or for the number you are making
- Switch off all appliances on standby
- Shower for four/five minutes only, use a shower timer
- Switch off lights in rooms not being used, nag your children to do the same.
- Unplug phones, tablets once fully charged.
- Switch radiators off in the rooms that you don’t use. Keep doors shut.
- Pull curtains shut to help insulate a room.
- Use draft excluders, a pair of tights stuffed with old clothes will suffice
- Ensure your loft is insulated.
- Use blankets, layers, woolly socks and hot water bottles to keep you warm.
And here are some of tips with savings applied, data courtesy of Energy Savings Trust
- You can save £30 per year by switching off appliances at the wall. Standby mode costs you money!
- Get everyone in the house to spend 1 minute less in the shower saving you energy. If you have a water meter it will save you water costs as well. This will save £80 for a 4-person family.
- Use a washing up bowl rather than using a running tap and save £25 per year.
- Turning down your thermostat by just one degree will save you £80 per year.
- Only fill your kettle with the amount of water you need and save yourself £7 per year.
If you do all 5 things, which are not that difficult, you will save yourself £222 per year. Not bad at all!!