Following the substantial energy price hikes in April, new forecasts predict a further rise of up to 51% this October. This means the price of heating your home and using your everyday appliances is becoming unaffordable for many households. In some cases, switching suppliers is not an option that is likely to reduce bills, so the best way to keep your energy bills as low as possible is to manage your energy consumption more carefully.
These tips can help you to save money on your energy bill in 2022 and beyond:
Take shorter showers
You will probably notice that long showers will cause your energy consumption to rapidly increase on your smart meter. Long, hot showers can be a great way to relax after a hard day but if you want to save money on your bills, you should shorten the length of your showers as much as possible.
Turn your thermostat down
Turning your heating thermostat down by just 1 degree can save you up to £80 over a year. Only put your heating on when it is essential and consider putting more clothes on or using a blanket to keep warm instead of turning your heating up.
Switch appliances off at the wall
Leaving appliances such as your TV, PC or other devices on standby will be unnecessarily using up energy, so try to turn appliances off at the socket as often as you can.
Wash clothes at a lower temperature
If your washing machine has an eco-mode, this could save you a considerable amount of energy. Clothes that are not soiled or that you just wear casually around the house should be fine to wash at a lower temperature.
Dry clothes outside
Tumble dryers are very convenient for drying your clothes quickly, but they also cause your energy bills to spiral. When the weather is dry, hang your clothes outside to dry and use indoor clothes lines at other times.
Check if you are eligible for financial support
There are some grants and other types of financial support that you may be eligible for depending on your circumstances.
The Green Homes Grant is for homeowners with an income of less than £30,000 who receive a qualifying benefit.
Liverpool Healthy Homes provides free help and advice about energy bills and heating homes. Some people are eligible for a boiler replacement or a central heating system installation, depending on their financial circumstances.
Homeowners in council bands A-D should have received a £150 rebate on their council tax, and in October 2022 households will be provided with a £400 grant as part of the Energy Bills Support Scheme.
At Central Liverpool Credit Union, our team can provide you with advice to help manage bills and our savings accounts are ideal for preparing for unexpected bills.
Find out more about the CLCU savings accounts here.