No matter how we pay for our energy, via direct debit or using a meter, it’s important we can all afford to keep our houses warm and our lights on. Some energy tariffs have a set price, and some are variable depending on how much you’ve used that month. Some energy is more ‘green’ than others, meaning it comes from renewable sources like wind or solar power, and some energy can be generated right outside your home using air or ground source heat pumps.
In fact, the world of energy can get quite complicated when you really look into it. That’s why we’re here to help you figure out how to save money on your energy, whether that’s through small gestures at home that add up to make a big difference to your bill, or through switching to a more suitable tariff.
For more information and advice on home energy efficiency measures, you can visit Energy Saving Trust. Plus, Citizens Advice have a wide range of guidance from reading your electricity meter to understanding which supplier is right for you.
How to save money on your energy bills
Rising electricity and gas prices are a real cause for concern for many of our tenants. Our Energy Team have put together a few simple steps which might help you save a few pounds on your energy bill, all while doing your bit for the planet.
Here are a few easy things you can do today to get started:
- Reduce your thermostat by 1°C. It might not sound like much, but it could save you around £75 each year!
- Turn your appliances off at the wall. You can save around £35 a year just by remembering to not leave your appliances on standby.
- Shower for one minute less. Getting out of the shower one minute earlier every day will save up to £8 a year off your energy bills, per person.
- And if you can, take a shower rather than a bath. You can save roughly half the amount of water.
- Turn your lights off when you are not using them. This age-old tip will save you around £15 a year on your annual energy bills.
- Turn water off when shaving, washing hands, brushing teeth. These little gestures all add up and can reduce your hot water usage by 5%.
- Wash laundry in colder water. By switching from hot to cold water for an average of three loads per week, you could save up to £15 per year on your energy bill.
- Use low energy LED lights. Not only do they use up to 90% less energy than regular bulbs, but they also last 10 – 20 times longer!
Thinking of switching suppliers?
If you are concerned about your energy bills going up, or if you want to know if there is a better deal out there for you, we recommend Green Energy Switch. They are a free, award-winning energy switching service who make reducing your energy tariff quick and easy. Their suggestions could save you over £230 a year on average.
You might qualify for government help
The government have some schemes in place to help households with the cost of their energy bills. Each scheme has its own eligibility criteria, so head over to the Heating and Housing Benefits website to find out if you qualify.
Cold weather payment. You may get this if you are getting certain benefits and local temperatures have been below zero degrees for 7 consecutive days.
Winter Fuel Payment. If you were born on or before 5 October 1954 you could get between £100 and £300 to help you pay your heating bills.
Reducing our impact on the environment
We’re trying to make our homes more environmentally friendly. We’ve already made a start ad we’re doing our best to make sure all our tenants live in fuel-efficient houses in the years to come. By installing ground source heat pump systems for 113 of our homes in Felixstowe, we were able to cut our emissions – and our tenants’ bills – by 70%.
We’ve achieved something similar at Quayside in Lakenheath, by implementing a district heating scheme. We installed one standalone ground source heat pump, which collects heat from the ground via 14 boreholes installed beneath the parking area, and two more pumps generate all the heating and hot water for each home. Our tenants have individual meters, meaning they’re only billed for the energy they use. This resulted in a 70% drop in energy usage, and a 56% drop in emissions.
We are delighted to complete this project for Flagship, which has had such a positive impact on the residents at Quayside Court. Not only does this system eradicate fuel poverty and create homes that they can enjoy living in, but it also significantly reduces energy use and cuts carbon emissions.
Guy Ransom, Commercial Director at Finn Geotherm