Handy site to measure electricity usage could save hundreds on energy bills following price cap rise
25.05.2022 - 10:51
/ manchestereveningnews.co.uk
A useful energy calculator may help householders save hundreds on their electricity and gas bills amid the energy price cap rise.
Consumers have been dealt another blow this week following the news that the energy price cap will rise to £2,800 in October. Jonathan Brearley, Ofgem chief, told MPs that the price cap would rise by almost £1,000 later this year because of the volatile gas market.
Mr Brearley warned MPs at the Commons Business Committee on Tuesday (May 24) that the government must step in, stating: "we need the government to step in... broadly this is only something government can address.
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"I know this is a very distressing time for customers but I do need to be clear with this committee, with customers and with the government about the likely price implications for October.
“Therefore later today I will be writing to the Chancellor to give him our latest estimates of the price cap uplift. This is uncertain, we are only part way through the price cap window, but we are expecting a price cap in October in the region of £2,800.”
Many Britons are now desperately looking at ways to save money on their bills, whether it be energy, clothing, food prices or fuel, following the rise in inflation at 9% as well.
This handy site - sust-it - has an energy calculator which allows users to calculate the running costs of any electrical items using a range of electricity tariffs. Users simply need to enter the amount of electricity the appliance uses (in Watts or KiloWatts) and the length of time it has used (in hours or minutes), then instantly see the cost.
The price is based off the energy price cap in April 2022, which had an