Temperatures are dropping across the country as gasoline prices continue to rise. Ofgem, the electricity and gas market regulator, has announced that from October some homeowners who default off-line tariffs will see their bills increase by £ 139, from £ 1,138 to £ 1,277. £. Martin Lewis, the founder of MoneySavingExpert.com, said the energy price cap could rise an additional 40 percent.
The next price cap is based on wholesale prices between the end of July and the end of January 2022.
Some customers could see their energy bill go up by £ 600.
To reduce bills now, Matthew Currington, CTO of The lighting hypermarket explained exactly how homeowners can save money on their energy bills by turning off appliances and using them more carefully.
Mr Currington said owners could save around £ 73 a year just by using their devices more carefully and efficiently.
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Replacing incandescent and fluorescent lighting with more energy efficient LEDs can have a huge long-term impact on a home’s energy bill.
It costs less to use an LED bulb in the long run due to its low power consumption and long lifespan.
LED bulbs are also more environmentally friendly, reducing your carbon footprint.
It can be tempting to turn up the thermostat on a cold day, but it could do more harm than good.
Homeowners could save up to 10% on their heating bill by simply lowering their thermostat one degree.
Most households with families in the UK choose a temperature between 18C and 21C.
However, Mr. Currington suggested homeowners adjust the thermostat by one degree until they find a setting they want.
He also suggested installing a programmable thermostat to set the times a person turns on the heat on a pre-set schedule.
The expert continued, “Programmable thermostats can store and repeat multiple daily settings so your home is warm when you need it and automatically turns off when not needed.
“Heating the water in your home consumes a considerable amount of energy and accounts for about 18% of your home’s energy use.
“Plus, the water is often kept at a higher temperature than is actually needed, so turn the temperature down a bit to save those extra pounds.
“Installing a water heater blanket and insulating exposed hot water pipes will also help you save money. “