Energy saving tips as winter energy bills expected to be higher than last year
As Ofgem announced the new energy price cap last week starting from October, new figures from the Resolution Foundation demonstrate that while the cost per unit of energy is coming down, 7.2 million – or 35% of homes – in England will spend more than they did last winter. It is estimated that the average household will be spending about £1923 a year on their energy bills come October, down from £2074 last year. However, last year government subsidised discount knocked off £400 from every home’s energy bill in the five months between November 2022 and March 2023, which won’t be available this year. In light of the incoming strain on Brits’ wallets, with energy bills not expected to drop below £1700 for the rest of the decade, Mark Sait, the CEO/founder of leading online money saving and sustainability platform, SaveMoneyCutCarbon, outlines his quick and actionable tips to save on energy at home….