.png)
With Winter well on the way and the ever-increasing cost of living crisis you may be wondering what happens to energy prices - the Regulator (Ofgem) has announced an increase in the price cap (up to 10%) from 1st October to the end of the year. They review the cap every 3 months….
Why?
This is due to the rising energy costs, i.e. the Global cost of energy which is increasing What can I do? There are a few things you can check out as follows :
1. Ask your current supplier if they will agree to lock you into a fixed tariff.
2. Shop around and consider changing providers.
3. Consider your payment method and tariff - direct debits are better to ensure you pay the same through the Summer and Winter months, or a variable direct debit where you pay for exactly what you use.
4. Ask for a Smart Meter as these save you money.
5. If your supplier is unhelpful consider a complaint to them - if they do not resolve it, ask the Energy Ombudsman to step in which is free to use and could solve the issue: https://www.energyombudsman.org
Practical Tips?
1. Check the health of your boiler - a knackered boiler will be inefficient and cost you more! Check the boiler’s flow temperature - reducing it will save money….
2. Watch the gap! Heat can escape through door gaps, windows and loft space.
3. Check your thermostat - only put it on when you need it!
4. Consider insulation - the cost may be worth the outlay to reduce future bills though you may qualify for a Government grant for free or reduced cost insulation.
5. Lights on! Consider changing your bulbs to LED’s as these use up to 80% less energy!
Any further recommendations?
Combine them into one simple and manageable payment! Not only can this make life easier, but it can also help reduce your overall costs.
Need help getting started? Reach out to Dan, our energy specialist, and let her guide you through the process of saving money on your utilities!
Comments