Welcome back to Broke in Bristol – & beyond the blog that helps you save money, make money and invest in your future. With most of us stuck at home during lockdown there’s no doubt our energy bills are going to be higher than usual, so I’ve come up with 10 ways to start saving money on your bills now.
1. Swap suppliers.
It’s the easiest way to save money but only half of the population are doing it! There are so many options available to you: check out price comparison websites like USwitch (not all companies are featured), consider using a switching services like Flipper (be aware of the smaller companies that are going bust) or I’d personally recommend UW as they don’t hike prices after 12 months. I am a partner and you can send me your annual usage if you’d like a no obligation quote.
2. Switch to LEDs.
LEDs are kinder for the environment because they use less energy saving you at least 15% on your energy bill over the year and there’s even a way to get them for free!
3. Get a smart meter.
If your bill has been a little high lately have you been sending your meter readings off? Even better, get a smart meter which will automatically send your readings off for you. Some companies are offering a £50 incentive for customers who agree to have a meter fitted.
4. Be mindful about how much you use.
I usually work from home so I have to think twice about sticking the heating on during the winter months. When it’s really cold I put a jumper on, work in bed or plug in a heater so that I’m warming up one room rather than the whole house!
5. Turn the thermometer down 1 or two degrees.
If you have to have to put the heating on then turn it down a degree or two. Reducing room temperatures by just 1ºC can cut heating bills by approximately £80 a year in a typical home, according to the Energy Saving Trust.
6. Get a new, more efficient boiler.
According to independent consumer Watchdog Which, a new boiler could save around £652 a year. It’s website says: “If you upgrade an old G-rated gas boiler with a new A-rated condensing model, including a programmer, you could trim your fuel bills by as much as £652 a year. That’s based on the latest estimates (from Sedbuk) for a detached home.”
7. Dry washing outside.
Using a dryer to dry your clothes is one of the biggest expenditure on electricity for many families. Drying your clothes outside could save you a fortune.
8. Turn down the brightness on your gadgets.
As well as turning everything off at the switch, did you know that turning down the brightness on your TV, laptop and tablets can save you even more? Just turning down the brightness on one TV could save you £100 a year!
9. Check if you’re eligible for grants.
Find out what you could be eligible for in Which’s home energy-grant guide. According to the watchdog you could be due money off your electricity bill, money towards installing solar panels or insulation and grants for buying a new boiler.
10. See if you qualify for The Warm Home Discount.
The Warm Home Discount scheme gives £140 each year to pensioners and those on a low income who need help with their energy bills. If you’re on certain benefits it’s worth checking whether your eligible – the payment is usually made around March but register with your company as early as you can.
More from Broke in Bristol – & beyond:
How will the self-employed survive Covid19?