Jeremy Hunt has announced that help with energy bills for households will only last until April next year. The newly-appointed Chancellor confirmed the decision during an economic statement on Monday (October 17).
27.09.2022 - 17:33 / dailyrecord.co.uk
Households feeling the pinch of the cost of living crisis are on the hunt for ways to reduce the cost of gas and electricity. One insider tip recommends dialling back thermostats just by one degree.
Andy Kerr, founder of online boiler seller BOXT, says the tip could save people over £100 a year. Reducing the temperature by just a little means people could save big yet not feel the difference in temperature.
As the energy price cap is rising on October 1, BOXT has shared more advice on how to save money on your energy bills.
The pointers explain why you should keep the boiler on even when you're away and how switching could save £580.
You could save over £100 a year by turning the heating down by just one degree. An estimated 17 million households in the UK could save as much as £2 billion by turning their thermostats down by just 1°C from the current average temperature of 20°C.
In addition, if everyone in the UK turned their thermostat down by just 1 degree it would save the same amount of carbon equivalent to:
370 million trees being planted;
4.1 million cars being taken off the road;
2.4 million people changing to a vegetarian diet;
7.9 million return flights from London to New York.
1.9 trillion emails being sent
Depending on the efficiency rating of your current boiler and the type of home you live in, you could save up to £580 a year on your energy bills simply by upgrading to a new A rated boiler – without having to change the way you use it.
For instance, if you live in a detached house you could save up to £580 a year on your energy bill if you're upgrading from a G-rated to an A-rated boiler - over 20% of the cost of the average new boiler installation!
This is how much you can save by finding the right boiler for your
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