VigourTimes - Latest News and Updates
Other tips, which ask you to completely change your behaviour, are very extreme. If you fully commit to never using your oven, hob or grill again, and instead opt for the far-cheaper-to-run air fryer, you could save up to £604 a year, according to Iceland and Utilita, an energy company.
Most energy saving tips revolve around households reducing the amount of time they have the heating on. According to Octopus Energy, a supplier, a gas boiler will cost £883 to run over the winter under today’s price cap, so much of the advice is geared towards offsetting this cost.
Bestinvest, an investment company, recommended layering up by “investing in warming aids for the home such as cosy blankets, hot water bottles, fake fur-lined slippers, thermal underwear and warm clothing” in lieu of turning up the thermostat.
Appearing on Good Morning Britain last week, Edwina Currie, the former politician, urged households to put tin foil behind radiators to improve efficiency, prompting consumer figurehead Martin Lewis to bury his head in his hands.
The only way for consumers to save money in any meaningful way is to invest large sums in permanent changes to your home, such as insulation, solar panels and double glazing. But these investments take months or years to pay off.
Poorly insulated homes had been facing an average bill increase of £1,730 a year, according to analysis by Kingfisher, the owner of B&Q, and the Centre for Economics & Business Research, an economics consultancy. Some 28pc of homes have solid walls, according to the National Energy Foundation.
Insulating a three-bedroom semi-detached house costs about £12,000, resulting in savings of £745 a year under the old October price cap, according to The Eco Experts, an advisory firm.
It also found that installing solar panels cost £5,400 on average. The typical home will save £784 a year under the old October price cap by creating free energy and selling any excess power back to the supplier.
FOLLOW US ON GOOGLE NEWS
The Queen was not afraid to show her softer side and her zingy wit
Frances Tiafoe’s U.S. Open run ends with defeat by Carlos Alcaraz in semifinals
Archbishop of Canterbury says Queen Elizabeth II seemed to…
Katherine Jenkins says it was ‘an honour’ to…
Bills’ Isaiah McKenzie does gender reveal touchdown…
SC Democrats call for US Senate candidate to drop out after…
Boat off New Zealand collides with whale, leaving 2 dead, 3…
ITV reveals Saturday night schedule after the Queen’s…
Clare Balding reveals a sausage once shoot out of her plate…
AHEAD OF THE GAME: Fear of fan dissent during Queen tributes…
How Prince Andrew could still become King of England someday
Michigan Supreme Court puts abortion rights question on Nov.…
Jazz giant Billie Holiday’s onetime NYC home lists for…
Qantas CEO Alan Joyce has scored a 15 per cent pay rise
Slain Vegas Reporter Had Official’s DNA Under His…