11 ways to save over £1,200 on energy bills this year to help mitigate price cap
09.03.2022 - 18:51
/ dailyrecord.co.uk
Millions of households across Scotland and the rest of the UK are facing an even bigger increase in their fuel bills from next month following Ofgem's price cap announcement in February.
The energy price cap, which acts as a backstop to limit the amount that households have to pay for default tariffs, now sits at £1,277, however, the regulator announced this will increase by £693 to £1,971 per year for 22 million households from April 1.
Kevin Pratt, energy expert at price comparison and financial guidance platform, Forbes Advisor, shares 11 tips that could save you an impressive, and much needed £1,205 this year, on average. It's worth noting however, that most of these money-saving hacks involve some outgoing costs to reap the rewards in the long-term.
Remembering to turn appliances off to standby mode could save households around £30 each year.
Most electrical and electronic appliances are safe to turn off at the plug without it affecting their programming - although it is best to check the user manual to be sure. You could even consider using a ‘standby saver’ that turns all devices off in one go.
You will also save electricity by not leaving laptops and mobile phones charging unnecessarily and by unplugging charger cables when they are not in use.
As well as turning plugs off at the socket, using kitchen appliances more carefully could save you around £36 each year.
This is broken down as follows:
Further money can be saved by taking simple steps such as using the kettle to boil water rather than a pan on the hob, ensuring saucepans fully cover the ring on the hob, batch cooking meals and turning the oven off a few minutes before your food has finished cooking.
If you are replacing appliances such as a fridge,