There’s no denying it, prices for both gas and electricity have gone up significantly. Following an announcement by Ofgem in February 2022 about increasing the price cap which limits what energy suppliers can charge customers, prices have dramatically jumped up again.
The new prices came into effect on the 1st April 2022 and to illustrate what this means for homeowners, we’ll give you the following example.
Based on national average consumption of 2,900 kWh for unrestricted electricity and 12,000 kWh for gas and if you are paying by Direct Debit, the price cap change means that you will be paying £1,971 instead of £1,277. That’s an eye-watering annual increase of £694!
When it comes to the cost per kWh, the new price cap will increase electricity from £0.21 to £0.28 per kWh and for gas it has risen from £0.04 to £0.07 per kWh.
So, what can we do to help save electricity and reduce your energy bills? We’ve searched through the internet to find some of our top tips that could help you in the long-run.
- Get to know your energy bill. No matter your supplier, there is key information on your energy bill which will help you to see how you use your energy.
- Turn it off! If you’re not using a particular appliance, turn it off and avoid wasting energy.
- Consider alternative ways of living. For example, if you swapped having a bath for a shower just once a week then you’ll be saving £12 on your annual energy bill.
- Reduce heat loss. If heat in your home is slowly being lost through small gaps in doors, floor boards and windows, it will be costing you money.
At ADS Electrical & Mechanical, we have over 30 years’ experience in Preston servicing boilers. Our experts are here to make sure that your boiler is working efficiently and effectively, all year round.
If you are looking for an affordable boiler service, look no further. Simply get in touch with our friendly team today by calling 01772 600110 and our experts, who are available 24 hours a day, 7 days a week, will be happy to answer any questions or queries.