This April saw a blow delivered to households nationwide, after Ofgem lifted two energy price caps as a result of rising wholesale costs.
This means that an estimated 15 million households will see their energy bills increase by more than £100 over the course of the next year, as the cost of gas and electricity continues to rise at a disproportionate rate to earnings.
In this post, we’ll look at how you can save money on your energy bills and increase the income that you have at your disposal each year!
Switch, Switch and Switch Again!
Ultimately, one of the best ways to save money is to switch suppliers at the end of each individual contract. At the very least, you should strive to compare the market and negotiate the best real-time deal to suit your circumstances.
Switching is based on the premises that suppliers will always compete aggressively to win new customers, even if this means offering favourable terms and reducing the tariffs charged to home-owners.
The key is to compare the market in careful detail, however, whilst also ensuring that your full gas and electricity balance is settled in instances where you’re not on a prepayment metre.
Install a New, A-Rated Boiler
If you own an old or non-condensing boiler, the chances are that you’re already paying over the odds to access heat and hot water in your home.
With this in mind, you may be better served by upgrading to a brand new, A-rated boiler, as these units can be as much as 35% more energy efficient that non-condensing and outdated alternatives.
This can translate into significant monthly savings, meaning that the cost of a new boiler can be recouped within a relatively short period of time.
Make Your Home More Eco-friendly
Another wise move is to reduce your monthly energy consumption, and one of the best ways to achieve this is to make your home more Eco-friendly.
You can invest in comprehensive wall insulation, for example, which helps to retain the heat during the winter and negates the need to keep your heating switched on all the time.
This, coupled with the installation of a new and energy efficient boiler, can definitely reduce consumption and waste in the home whilst also helping you to pay less each and every month.
How Tim Reynolds Can Help You Reduce Your Monthly Energy Bills
Whether you decided to install a brand new boiler or want to have your home insulated, you can bet your bottom dollar that the helpful team at Tim Reynolds has you covered.
Servicing areas such as Verwood, Alderholt and many more, we have a team of Gas Safe-registered engineers who boast years of experience in the industry. We’re also NICEIC-registered and WaterSafe qualified, so our team is fully qualified to work on an array of different projects!
To learn more about how we can help you, why not give us a call today on 01202 802281? Or, feel free to email us at tim@timreynolds.co.uk and we’ll aim to respond as quickly as we can!
