How To Cut Your Energy Costs

10 May 2019

It is no secret that the cost of energy has soared over the last few years. The energy regulator Ofgem maintains that the average UK family are spending nearly £1500 a year on their gas and electricity bills, this is double the amount we were paying a decade ago. The good news is that with a few simple tips and changes in our behaviour we can reduce our bills by hundreds of pounds. Here at Foxglove Energy we pride ourselves on keeping our customers happy. Transparency is a key factor in our relationship with our customers and we are confident that once you feel the tangible difference in the size of your energy bills, our expert tips will become second-nature to you. Tell your friends and family and cut down on costs together.

Turn down your thermostat.

When the cold months kick in it is always quite tempting to crank the dial up on your thermostat to get the house nice and cosy. However, if you reduce the thermostat by just 1⁰C the average home can cut bills by up to £90 a year. Give it a try, you will barely notice the difference in temperature and if you are struggling, treat yourself to a new woolly jumper with some of the money you have saved!

Rid your home of pesky draughts.

One of the cheapest ways to reduce heat loss and in turn keep your energy costs down is to seal up air gaps throughout your home. Invest in a pack of adhesive foam strip for doors, loft hatches and windows. Chimneys and fireplaces are notorious for sucking the heat out of a room and if you don’t use them, a handy tip is to block the gap with an inflatable pillow. Easy work for even for the least enthusiastic do-it-yourself aficionado. -These simple jobs can knock £50 off your annual bill.

Switch off!

We have all been guilty at some point of leaving a room and forgetting to switch off the light. But, even if you turn off for a short period of time you will see a difference in the size of your bill. It takes far less power to switch it back on again than to keep it running. The same can be said for all home appliances. Unplug TV’s and computers at the wall before bed to avoid paying needless standby costs. It takes just a few moments of your time and it really does make a difference.

Go green with your lightbulbs.

Lighting your home accounts for a whopping 18 per cent of an average family’s electricity bill. Changing your bulbs to energy saving bulbs is an absolute must. The best bet is to change to Light Emitting Diode bulbs (LED’s). Industry expert’s research has proven that over a year the typical home can save up to £240 on electricity costs. Yes, these bulbs are a bit more expensive than standard ones, but it has been proven that your initial investment will be recouped within five months. The great news is that they also last for at least 18 months, far longer than traditional and less efficient bulbs.

Insulate your home.

It is always a good idea to check the insulation at home. It is recommended that loft insulation should be 270mm thick and in a 3-bedroom, semi-detached, non-insulated home you can cut £140 a year by doing just this. The same logic is applied to insulating cavity walls but with a saving of £260. There are schemes that help pay for some of the costs with insulating homes and is certainly worth a bit of research.

Switch Energy Supplier.

Becoming savvier with who supplies your energy can save you over £300 a year. In recent years transferring your energy supplier has become a lot easier and should be free from hassle, so it is certainly worth spending a bit of time shopping the market. We look for deals with car and home insurance and at the supermarket so it makes sense to do the same with our energy costs. Even if you are happy with your current supplier it is good to check that you are on the best tariff available and that you are paying your bills in the most cost-effective way.

So there we have it, a few simple tips that you can begin to use now which take hardly any time to do but will make a significant difference to the size of your energy bills. It is tempting to turn everything up during these cold and windswept months but just think of that summer holiday and the extra cash you will have from following our energy bill-reducing advice. Everyone’s a winner.