‘Easiest way to save money’: Save up to £232 a year on bills by changing light bulbs
Energy bills: Woman explains how she cuts back on energy
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Household bills are expected to increase by at least £600 by April and up to £1,000 by next October. Experts have warned that wholesale gas prices could mean bills double to more than £2,200 in a year’s time. Energy UK claimed some households which had not fixed their energy tariff would see their bills rise by around 45 to 50 percent by April.
Martin Lewis, the founder of MoneySavingExpert.com said on last week’s episode of The Martin Lewis Money show said the energy price cap will increase in April.
He explained: “In April, the energy price cap, which the majority of homes are on, will rise over 50 percent adding an unaffordable £600 to a typical bill if the Government doesn’t intervene.”
He also warned that the energy price cap could rise once again in October by a further 20 percent on top of the predicted price cap for April.
This means the average family bill, which according to the ONS Family Spending report was £2548 per month in 2021, will dramatically increase.
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Matthew Jenkins, heating expert from MyJobQuote has shared how homeowners can save up to £232 a year on bills by changing light bulbs.
He also shared other ways homeowners can save money on energy bills.
Switch your light bulbs – up to £232 per year
Mr Jenkins said switching light bulbs to more energy-efficient bulbs is one of the “easiest ways to save money” and avoid wasting energy.
He continued: “Although LED bulbs are slightly more expensive than normal bulbs, they use 80 percent less electricity and can save homeowners £232 a year.
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“Not only can you save money, for every traditional bulb you switch to an LED bulb, but you also save 5kg of CO2 emissions for that bulb’s lifespan, which is typically 10 times more than a traditional halogen bulb.”
Reduce your room’s temperature – save £55 per year
Reducing a room’s temperature is one of the simplest tricks to saving money on heating bills.
Homeowners can save at least £55 a year on heating bills by reducing their thermostats by just one degree.
For those who have boilers that work efficiently, reducing the thermostat will save money without compromising on comfort.
Mr Jenkins said every degree a person increase their temperature, the heating bill will increase by 10 percent.
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The average household sets their thermostat at 21C.
This is the upper end of the average range which is between 18C – 21C.
Mr Jenkins said: “If you find that turning down the thermostat makes a significant difference to the warmth of your home, then there are ways to help optimise your heating and radiators.
“One simple idea is to place a shelf just above a radiator to help throw heat into the room rather than letting it simply rise to the ceiling.”
Heating the home efficiently – reduce bills by £55 per year
Over 20 percent of heat escapes the average home each winter.
This can cost a household around £55 extra per year on average.
Mr Jenkins said before a homeowner puts the heating on, they should look at how the heating can escape.
He said: “The most common ways for draughts to escape is through gaps in poorly glazed windows and doors.
“However, heat can also escape through unused chimneys, unused vents and uninsulated walls.”
Adequate insulation is one of the “best ways” a home can retain heat.
But insulation can be expensive, with some homes expected to pay upwards of £5,000 for internal insulation.
There are other methods homeowners can try instead such as buying draught excluders to cover up gaps between windows and door frames.
Sealing unused and open air vents is also a great way to insulate a home.
Mr Jenkins added: “The only risk with sealing up any ventilation is this means rooms are unable to ‘breathe’ and this can create further issues such as damp, which is a costly issue to solve.
“To avoid problems like this, leave internal doors open during the day, as this will allow air to properly circulate your home, rather than retaining heat in one room.
“Again, the best way to avoid damp is to improve the overall insulation of your home.”
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