The energy price cap is set to rise by 10 per cent, but homeowners could avoid the price hike entirely with this simple money saving idea
Experts have shared a straightforward tip that could help Brits reduce their annual energy bills and make their homes more eco-friendly this winter. UK homeowners are bracing for an increase in their annual energy bill by £149 from October, following Ofgem's announcement of a 10% rise in the energy price cap.
Consequently, some households might see lower bills, while others could face even higher costs after October 1. But there's a way to almost entirely offset the rise by addressing the 'hidden' energy consumption in your home, experts suggest. "Televisions, computers, and gaming consoles are major contributors to so-called 'vampire' energy consumption. Research shows Brits could save an average of £147 per household annually by switching off ‘vampire devices’ - those that continue to drain power when left on standby - when not in use.
The expert is also encouraging people to shift towards renewable energy, highlighting the financial and environmental benefits it brings, particularly during price hikes. "Even during the winter months a household with solar panels will be generating their own energy and using less from the grid," he noted, explaining that the average UK home can save around £1,000 a year after installing solar panels.
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