If you are looking for things to do on a rainy day, how about spending a bit of time looking at energy savings? It may be very worthwhile.
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UK Energy Prices are on the rise
You may have heard already on the news, but on the 1st of April inflation made an impact on the world of energy bills, and that is no April fool. The trouble is, energy is something that all of us need in order to keep our families warm and run our houses. Energy companies know this, which is why a price increase is always met with frustration across the UK. This price increase is no different.
How to save money on home gas and electric bills
We all need gas and electric in our everyday life, after all it keeps your home warm, lit and all those gadgets and appliances working. The trouble with both of these things is that they can be incredibly expensive, taking out a huge chunk of your income each and every month.
The thing that you might not realise about both your gas and electric, is that there are things that you can do to try and save yourself some money, whilst still having a home that is warm and inviting.
To help you, we have put together our guide on the top things that you can do to save money on both your gas and your electric too.
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Checked your energy prices recently?
Cooler weather = more energy used = bigger bills!
It’s a good time to see what can be done to keep energy prices and costs down as far as possible. Cooler weather means using more heating energy and we can therefore expect our energy costs to increase.
Energy is measured in kilowatt hours and each energy bill shows how many kilowatt hours you have used. If you have access to your past bills you can see how many kWh’s you have used.
You can save some costs by keeping the usage of kWh’s down as much as possible by means of insulation improvements, double glazing, shared baths, etc.
Cost to run 1 kW electric fire for 1 hour
How much does it cost to run a 1 kw electric fire for 1 hour?
That’s a question many people ask and which we’ll explain below. With these steps, the cost of running any piece of electrical equipment can be worked out.
A. Quick answer:
Between 11 to 21 pence including VAT depending on who supplies your electricity. A 1kW fire running for one hour uses 1kWh of energy used in kilowatt hours. One kWh of energy costs about 11 to 21 pence. (Look on your bill for the exact rate you are paying.) **This is why it pays to check what other suppliers charge.
Electricity cost calculator
Our Electricity Cost Calculator is designed to work out how much it costs to run individual electrical items. The important rating you need is the Wattage which is usually written on the item somewhere. Complete the yellow boxes, and the results are shown in the green boxes.
Is action required on your energy bills?
If you are on an expiring fixed tariff…..
you should compare prices and find the next tariff to use.
If you don’t act, your energy company will very likely move you over to their standard variable rate which may cost far more.
Home energy savings
So many energy suppliers and tariffs, yet so easy to compare!
It’s amazing! Energy price comparison services make it easy to compare a vast range of suppliers and prices, and all with just a few entries on their websites.
There are around 30 energy suppliers and each have different rates for different meter types, different payment types, and different consumption levels. Trying to compare all the relevant prices for your own needs can be a nightmare unless you are very determined and have plenty of time. For many people, the thought of comparing and switching is too difficult so they don’t even try.
Many people who have used online price comparison sites have found the process quite straightforward and some have actually managed to save hundreds of pounds, every year!