4 Effective Tips For Cutting Your Energy Bills And Save More Money

Money Matters Editor By Money Matters Editor 6 Min Read
save money on energy bills

Nowadays, the household energy bill is taking much of our savings and make people penniless. The fact is that so many people don’t understand their gas and electricity bills and how it works.

So, how do we save money on energy bills? First of all, you need to understand that your energy use is a big factor in the price you pay for gas and electricity.

Therefore, making changes to your energy use can drastically help reduce your bills. However, there are other different factors that can also affect how big your gas and electricity bills are.

How To Cut Your Energy Bills And Save More Money

Energy bills are one of a household’s biggest monthly outgoings, and everyone is looking for ways to cut their bills. But how easier could it be to make some serious savings on your energy bills? You could save money by making a few chances we are going to mention in this article.

save money on your energy bills

However, this isn’t for everyone, but it might be a useful way to take a fresh look at your finances. Below are effective tips for cutting your energy bills and save more money:

#1]. Get energy saving lightbulbs

Do you know that there are quite some great energy-saving lightbulbs and devices out there that can save you some money? These are must-have devices you can easily get in the shop and they can save you money on your household bills.

Compared to a standard lightbulb, an energy-saving lightbulb alone could cut £180 from your energy bills over its lifetime. You could be making a big difference to your energy bills and your daily energy consumption with just a few handy energy-saving lightbulbs and gadgets.


#2]. Switch energy providers

Another way to cut your energy bills is to switch energy providers. However, don’t just switch to another energy supplier without doing your homework. The internet is your friend, you can use it to halve your monthly budget and save money. So, it’s advisable to use the internet to shop around for a better energy deal.

 

Yes, switching tariff or energy supplier can make a big difference to your bills. But you will have to be very careful about switching so as not to make a regrettable mistake. It’s advisable to use price comparison sites such as Uswitch.com, Moneysupermarket.com, and others before you make a final decision.

The fact is that price comparison sites can effectively help you get a better deal that can actually save you money. Also, they can quickly tell you if you’re paying too much and even how much you could save by switching.


#3]. Install a smart meter

Smart meters are a great way to better understand your energy consumption, help you reduce your bills plus are usually free through your energy supplier. According to WHICH.com, more than 13 millions smart meters are now fitted in UK homes.

So, if you haven’t had a smart meter installed in your house yet, then you can take the opportunity to arrange for it. The smart meter is optional and you don’t have to accept it if you don’t want one. However, having one at your home could help you save money on energy bills.

So, how can you get a smart meter installed at your property? Well, you can contact your energy supplier, they can help you arrange a suitable time and date to fit your smart meter. The installation will be carried out by a trained installer from the energy company or on their behalf.

As part of the installation, you will be given an in-home display (IHD) which will show how much energy you’re using, in real time, and how much it’s costing. The installer should show you how to use this. You may also be able to see your energy use via your online account or app.


#4]. Turn the heater off

The last thing you can do is to turn off your appliances to reduce your energy consumption and save money on your energy bills. For instance, you could cut 10% off your energy bills by turning your thermostat down by just 1°C.

However, it is not always an ideal thing to switch off your heater especially during the winter. It means you have to be very careful so as not to turn the heater off when you most likely need it.


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