Even if you used no gas or electricity, daily standing charges cost over £300 each year.
Ofgem lowered the energy price cap at the start of October by £151 from the current £2,074 per year to £1,923 for millions of households across Scotland, England and Wales. The slight drop will benefit households on a standard tariff with typical usage, however, it’s important to remember the price cap doesn’t relate to a cap on the total amount of money people will pay for using gas or electricity.
New guidance on GOV.UK explains how heating and hot water account for over half of the average household’s energy bills, so it’s important to know what you can do to prepare your heating system for the colder winter months and save money on your energy bills. Reduce your boiler flow temperature to save up to £60 a year If you have a Combi boiler, its efficiency can be improved by adjusting the ‘flow temperature’ dial/setting to 60 degrees. Reducing flow temperature isn’t the same as turning down the thermostat as it won’t noticeably reduce the temperature of your home but may take longer to heat up.
Top Money Stories Today Reduce your hot water tank temperature to 60C to save up to £20 per year If you have a heating system with a separate hot water cylinder , you can turn down the temperature of the cylinder itself so water is not heated unnecessarily. Window film is a form of temporary secondary glazing which helps stop heat escaping through glass. You can buy it at hardware shops and online and install it yourself or with the help of a professional.
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