How to save money on your home heating bill
It’s a difficult time for many households in the UK at the moment. With a significant leap in the cost of living across the board, from food to imports and housing, a lot of households are feeling the biggest pinch from energy and gas prices. With inflation set to keep rising for the next few years, it’s time to look at how we can reduce our heating bills using cost-effective, simple solutions.
High prices are here to stay
Wholesale energy prices have hit an all-time high, meaning energy providers have had to pass down some of the costs to the consumers. Experts have described it as the ‘perfect storm’, with Russia’s invasion of Ukraine severely exacerbating an already delicate situation. The result has seen prices soar after the US, EU and UK sanctions and bans on Russian oil took effect.
With no immediate changes in sight, experts are warning that there are at least 3 years of high costs ahead, as wholesale prices are set to remain at a record high. And although this will undoubtedly feel daunting, there are things we can all do at home to soften the blow against our pay cheques.
There are some elements within your control
At such a time, every little helps, and sites like MoneySupermarket have compiled lists of household solutions that should help you save money on your heating bills. First of all, can anyone see a little red light anywhere? By turning appliances off standby, households can save up to £30 a year. If you’re somewhat forgetful, you can even install a timer plug that does all the hard work for you.
Next, install a smart thermostat. These ensure that you’re only heating the rooms you’re actually using and can save households up to £75 a year. Then, turn down your thermostat so that it’s not working at full pelt when the house is empty.
Think outside your four walls
Cutting costs doesn’t only happen within your walls; insulation plays a huge role in heating a house efficiently. You would be amazed at how much heat is lost through the roof, and there are ways to help reduce heat loss and improve other aspects of your home by using eave vents. Finally, invest in double glazing to minimise heat loss from inside to outside. Such solutions will futureproof your house and give you peace of mind.
When it comes to reducing your gas bill, be mindful of your household appliances, invest in smart solutions and shop smart.
*This is a collaborative post.
