Energy bills could be slashed by £300 a year by turning down the thermostat | Personal Finance | Finance

For many households, the thought of higher energy bills can trigger anxiety, as rising costs are putting pressure on families who are already feeling the pinch of a cost-of-living crisis.

Andrai Carcu, director of 24/7 Emergency Electricity and Heat he explained exactly how much money Brits could be losing this winter by making this little mistake – and how to save money in the run-up to Christmas.

Despite the new energy price cap making some bills cost less than last year, there are still many ways to reduce costs further and make your money last longer.

Turn Off Your Appliances

Leaving appliances on standby can cost people more money. Mr Carcu explained that some appliances can use up to 10 watts per hour when on standby, at a cost of around 28p per hour, up to £24.53 per year.

Even when appliances are turned off, they can still draw power sitting idle in standby mode.

Britons are encouraged to unplug devices or use smart plugs to remotely switch off unused appliances.

Smart plugs can also be programmed to automatically turn off power-hungry devices during off-peak hours when electricity is cheaper for your household.

Use Energy Efficient Lighting

Replace traditional incandescent bulbs with energy efficient LED options.

LEDs use much less energy and last much longer. He said: “This is the perfect time to take advantage of natural light during daylight hours by keeping the curtains open and enjoying the Autumn sun”.

Insulation and Heating Upgrade

He continued: “Make sure your home is properly insulated and consider upgrading to a more efficient heating system, such as a condensing boiler.

“You can control your heating using a programmable thermostat and set it to lower temperatures when you’re away or at night.”

Turn your thermostat down

If the thermostat is swinging up to 22-23°, people are unlikely to notice the temperature dropping a degree or two.

On the coldest winter days, it may not be possible to reach high temperatures in rooms with high ceilings that are particularly airtight.

Mr Carcu said: “A drop from 21° to 18° could save you more than £300 a year.”

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