If your family is on a shoestring budget, finding savings on your bills can really help you breath easy towards the end of the month. There are many ways to reduce your bills, but in this post, we’re going to look at give quick wins.
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1) Look into switching energy providers
If you haven’t switched providers in the last three years, there’s a good chance that you could save some money. All you need to do is go onto one of the many compare websites like uSwitch or Money Supermarket, and provide them with a few of your details including postcode, name of your current provider and how much you use in kilowatt hours (kWh) on gas and electricity. Figures vary on how much you could save a year, but there are estimates between £100 and £600.
2) Say goodbye to standby
It’s been clear for a while that standby isn’t as eco friendly as once thought. New items produced will take 1 watt an hour to power. This may seem a small amount, but when you have multiple items on standby in your home, it can quickly get out of hand. According to a study completed by the Energy Saving Trust, between 9-16% of the electricity consumed in homes is used by items left on standby. On a bill of around £500, this could amount for as much as £80. This would be a huge saving for a family on a tight budget.
3) Ensure your roof and windows are up to standard
Ensuring that there is no damage to your roof or windows is key to reducing the cost of your energy bill each month. Heat can escape through damaged seals in your window, and in any . If you do find damage to your roof, contact a roofing company to fix this as soon as possible. You won’t have to provide any of the materials, as the roofing company will buy their roofing materials from a reputable company, and include this in the overall cost of the job.
4) Turn down your thermostat
You don’t need to freeze to save money on your yearly energy costs. By turning down your thermostat by just one degree, you can cut your bill by up to £85 (in a typical home). If you have already turned down your thermostat, you might be able to save more energy by turning down radiators in rarely used or empty rooms. You may also want to invest in a smart thermostat, which helps you to remotely control your energy output via the internet. Examples of smart thermostats are Hive, Honeywell Evohome and Nest.
5) Improve home insulation
Heat can be lost through the roof, and so it’s very important that you ensure your home insulation is up to code. Laying loft insulation to a thickness of 270mm could potentially trim £175 from energy bills. You can also save extra money by insulating any cavity walls, or you can spend a little more and install solid wall insulation (with potential savings of £260).
With these simple steps, you can significantly reduce your energy bills, and have a little bit more left at the end of each month to spend on fun family days out.