In October 2022, a new ‘Energy Price Guarantee’ reduced the electricity and gas unit cost for all UK households. However, with economic uncertainty and the rising cost of living, a penny saved is a penny earned. Here’s everything you need to know about reducing energy bills and lowering your carbon footprint.
Did you know that you can save around £65 (£30 in NI) per year just by turning your electrical appliances off standby mode? Consider using a smart plug, standby saver or energy-saving plug, which allow you to turn all your appliances off standby in one go.
This device is plugged between the socket and the appliance. With a quick and simple flick of the remote control button, the power is shut off for all devices. This is particularly useful for difficult-to-reach plug sockets, as the installation process only requires access to the socket once.
Some satellite and digital TV recorders may need to be plugged in to avoid interfering with their programming, if you’re unsure, check the instructions carefully first.
At first glance, installing professional draught-proofing and preventing heat loss from cracks in floorboards and skirting boards, can seem like a big investment at a cost of around £225. However, after draught-proofing, you can save around £125 (£100 in NI) per year on energy bills.
If you’re quite handy and can DIY your own draught proofing, it will be much cheaper. For instance, for windows, you can use self-adhesive foam strips, plastic or metal strips with wipers or brushes attached. These materials can also be installed for doors to prevent heat from escaping.
Other areas that you might want to consider draught-proofing include chimney, loft hatches, pipework, crack in walls and old extractor fans.
One of the quickest ways to cut down on energy bills is to turn off the lights when you’re not using them. This will save you around £25 (£12 in NI) a year on your annual energy bills. If you want to further reduce your energy consumption, replace your current light bulbs with LED ones.
If you love your time in the bathroom, then this could be a challenge to you. However, keeping your shower time to just 4 minutes translates to paying £95 (£90 in NI) less per year on energy bills. And, If you’re a bath lover, swapping just one bath with a 4-minute shower per week could save you £20 (£19 in NI) a year on your energy bills.
A Saving Session – or officially known as the Demand Flexibility Service – involves energy suppliers giving customers rewards, bonus points, small bonuses, or discounts if they cut electricity usage at peak times. For instance, Octopus Energy has something called OctoPoints!
Opt in to any saving sessions your energy supplier is running – these super saver sessions build up the more you opt in. Depending on how much you reduce your energy consumption during the sessions, you can save upwards of £120 a year!
For additional information on how to save money on your bills amid the energy crisis, head over to the Energy Saving Trust for more practical and helpful tips.
Are you looking for a warm, fully-furnished, clean and well-lit workspace to help you in your bid to cut down on energy costs, why not pop by Cube Co-Working Space? With easy access to our facility via the A22 and London via direct rail into London Bridge, getting to and from our location has never been easier! High-speed internet, comfortable desk spaces, private meeting rooms and breakout areas all add up for a productive workspace. Teas and coffees are on the house, and you’re welcome to use the electric vehicle charger conveniently installed just outside.