How you can save money on your energy bill
Summary
Energy prices are expected to rise in July and likely stay high through winter. Experts advise taking steps now to reduce energy use and save money on bills.Key Facts
- About 40% of energy customers have fixed-price deals that keep unit costs steady for usually a year.
- Fixed deals can be cheaper than the price cap, but if energy prices fall, savings may decrease.
- Paying energy bills monthly is about £140 cheaper per year than paying quarterly.
- People can save energy by blocking drafts, changing cooking habits, bleeding radiators, and taking shorter showers.
- Grants and benefits for energy efficiency and financial support exist but are often unclaimed.
- Energy debts total around £4.5 billion, and suppliers may offer payment plans or debt relief if customers ask for help.
- Local councils and charities can help people find financial aid and energy-saving programs.
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