For many Londoners, the cost of living is already very high. Monthly energy bills for their gas and electricity are unavoidable but switching regularly can reduce those outgoings significantly. Comparing your last year’s bill every twelve months might seem like a chore but it could pay for your holiday each year if you play your cards right and do the leg work. It really doesn’t take that long, especially if once you’ve done it a few times. Find your favourite comparison site covering the Old Coulsdon area and set a yearly reminder on your phone. Then act on it each year to make the most saving possible.
To find the lowest tariff you might need to look at your gas bill and your electricity bill separately. This is easier than you might think at first. Ove you’ve selected the best tariff for both services your gas and electric bills will be lower and you can start to plan that summer holiday.
More Energy Saving Tips
As we all know running the home central heating during the winter months can be expensive, but did you know there are some simple things you can do that can help bring down those costs. Your central heating boiler is an essential part of your home, it supplies you with unlimited hot water when you need it, and it keeps you warm in the colder months.
First, make sure that you have your boiler serviced each year, preferably before the winter kicks in. Your central heating boiler is just like a car engine, if left unserviced, over time things will start to go wrong, the same goes for the central heating boiler.
If your central heating boiler is not serviced and something is starting to go wrong your energy bills will start to rise, your boiler may need to work harder to reach that desired temperature thus higher bills, if the boiler is maintained and checked over, anything that needs adjusting or replacing can be carried out.
Another simple way to save money is to make sure the radiator itself has nothing around it, keep it clear so the heat can penetrate the room, don’t put clothes that you want to dry on the radiator put them on a clothes horse close by they will still dry. When you put clothes on the radiator all the heat is lost into the clothes and the room takes longer to heat up. Pipe insulation is another way of cutting down those energy bills. Any pipework that you can visibly see should be insulated. By fitting insulation to the pipes you are reducing the heat loss from that pipe, you can buy pipe insulation from the local DIY store.
These are just a few of the ways you can save on those central heating bills, and remember when you have the central heating boiler serviced, only use a registered gas safe company or engineer.
Now that you’ve saved money on your gas and electricity bill why not look at the other monthly costs that eat into your usable reserves and save even more money each month.
Energy suppliers are feeling increased pressure from the government to regulate and lower the cost of their fuel prices, after three of the big six energy suppliers have raised their energy prices once again by 20%.
The companies have all blamed the rise in gas prices on the rise in the wholesaler's prices.
The first thing to understand is that these companies we pay for our gas and electric bills, rarely produce the energy themselves. Like any other retailer, they buy their product from a wholesaler.
Q: If we check how much wholesalers are selling their fuel for, will it show if energy suppliers are justified in their high fuel prices?
If only it was that simple!
There are a lot of energy prices on the market, and they change every day, therefore the cost will differentiate when supply and demand goes up and down.
Wholesale prices are set at which period or season they are selling for. For example, a wholesaler and energy company may strike up a deal called 'winter 2017'. The energy firm is agreeing to buy gas to be shipped to them throughout October to March.
More expenses and pay outs are unlikely to do the economy any good.
Q: why doesn't the existing competition lower prices anyway?
Tariffs are still likely to mirror each other. Every time one supplier announces a price hike, it becomes easier for others to do the same, similar to how the cost of petrol can fluctuate so easily.
What you have to remember is that the 'big six' energy companies are trying like the rest of the economy, to make money, and that they'll be playing the field to get the best prices and stay on top of the market just like any other profit driven firm.
As a vocational training provider of plumbing, electrical and gas courses to people throughout the UK we inform our trainees of national news that will affect them and their customers.
So you want to know how to save money on energy bills? Well, the first and most popular way people tend to inflate parts of an energy bill is excessive ignorance. It's simple. People are ignorant when they drive, when they use certain systems at home, and when they use energy in general. The very first thing you must conquer is the amount of energy you do. The mindset is where it starts.
Another thing you'll want to invest in is your own solar grid or windmill to capture your own solar and wind energy. Don't know how? No problem. Earth4Energy can teach you. It's a guide that shows you more than enough ways to cut your energy costs up to 90% and save you thousands of dollars. You will be able to build your own solar grid and windmill. After reading this guide, it wouldn't be so hard.
Can a sharing economy approach to energy deliver a more sustainable future?
According to the UK Department of Energy, almost 50 percent of a typical home's utility bill is attributed to heating and air conditioning, 30 percent to appliances and lighting, and 20 percent to the water heater and refrigerator. This equates to almost £1,500 in energy bills for a typical household.
Following are ways to reduce your utility bills:
Tune it. A pre-season tune-up and filter is a good investment for removing dirty air that clogs your heating system, improving airflow and helping your system run efficiently. A tune-up also reduces the chances of a central heating breakdown in mid-winter and improves safety. Keeping your system running at peak efficiency equates to less energy use and lower utility bills.
Seal it. Warm air leaking into your home during the summer and out of your home during the winter will result in higher energy bills. Check for air leaks near windows, doors, outlets and switches by holding a lit incense stick next to them on a windy day. If the smoke stream moves horizontally, you have located an air leak. Caulk and weatherstrip doors and windows that leak air. Caulk and seal air leaks where plumbing, ducting, or electrical wiring penetrates through walls, floors or ceilings. Install rubber gaskets behind outlet and switch plates on exterior walls.
Take these steps to increase your comfort and reduce your utility bills.