As energy bills continue to soar above pre-pandemic levels, finding effective ways to reduce household expenses becomes crucial. Cornwall Insight’s latest predictions suggest that energy bills will remain stable but significantly higher than before the pandemic for the foreseeable future.
However, fear not! Expert energy analyst, Peter Hale from Electricity Prices, has compiled a checklist to help you save hundreds of pounds over the coming year. Let’s explore practical and efficient tips to slash your energy bills and make your home more cost-effective.
1. Turn Down Your Thermostat – Save £70 a Year
Adjusting your thermostat by just one degree may seem insignificant, but it can have a significant impact on your energy bills. Lowering the temperature by one degree can save you 5–10% on your energy bills, which can amount to about £70 a year. Plus, with the added comfort of a warm woolly jumper or hoodie, you won’t even notice the difference!
2. Spend One Minute Less in the Shower – Save £80 a Year
Reducing your shower time not only conserves water but also cuts down on your electricity bills. Just by shortening your showers to five minutes, you could save around £80 per year. Additionally, consider replacing baths with showers, installing low-flow shower heads, and fitting tap aerators to save even more – up to £90 annually!
3. Use Draught-Proofing Tape – Save £40 a Year
Sealing up draughts around windows and doors can lead to substantial savings. Invest in draught-proofing tape, an inexpensive solution that costs around £3.99. This simple measure can save you up to £40 a year on energy costs. As an added benefit, homes with fewer draughts are more comfortable at lower temperatures, allowing you to further reduce your thermostat and save even more.
4. Bleed Your Radiators: Save £90 a Year
Efficiently functioning radiators are essential for a cost-effective heating system. Trapped air in your radiator can hinder heat distribution, making your heating less efficient. If your radiators feel warm at the bottom but cold at the top or make gurgling noises when you turn on the heating, they likely need bleeding. Simply investing in radiator bleed valves (costing as little as £1) and bleeding your radiators once a year can save you a substantial £90 annually on your energy bills.
5. Turn Off Devices Instead of Using Standby Mode – Save over £40 a Year
Leaving devices on standby mode might seem convenient, but it comes at a price – a surprisingly high energy cost. Digital TV boxes, computer routers, microwaves, TVs, and computers on standby mode can add significant expenses to your energy bill. Make it a habit to turn off devices completely when not in use, and you could save upwards of £40 a year. Moreover, considering more energy-efficient options, such as LED lights, could lead to further savings of about £50 annually.
6. Know When to Use What You Need and When to Hold Off – Save £30 a Year
Using appliances efficiently can yield substantial savings. When making a cup of tea or coffee, only boil the water you need, and you could save approximately £10 a year. On the other hand, avoid half-loading your washing machine, as this can cost you more. Wait until you have a full load before running the machine, and you could save an extra £20 annually.
With energy bills expected to remain high for the foreseeable future, it’s essential to take proactive steps to reduce household expenses. By following these expert tips from Peter Hale, you can slash your energy bills and save hundreds of pounds each year. From adjusting your thermostat to sealing draughts and using appliances efficiently, these simple changes can make a significant difference in your energy consumption and overall savings. So, implement these strategies and enjoy a more cost-effective and energy-efficient home!