Take control of your energy costs! Justin O’Connor, our Head of Asset Management, has these tips for trimming your bills:
Request a smart meter. Your energy provider may provide an install a smart meter in your home free of charge. A smart meter will help you understand your energy use and identify the appliances that use the most energy in your home.
Understand your bill. Your energy bill will include a unit cost for the energy you use and a standing charge. This is a fixed cost by your supplier for administration, supply and maintenance. Find out more about understanding your energy bill.
Submit a meter reading when your supplier asks for one. It stops you getting an estimated bill, which could be too high. (Ask your supplier to move your meter to a more convenient location if you are having trouble reading it.)
Pay by direct debit, go paperless. You will probably get a cheaper deal from your energy supplier this way, but it is not possible for everyone.
Check your heating and hot water controls. It may sound obvious, but if you are heating hot water you do not use, you are wasting energy! This is a good example of how you can reduce your energy use.
Do not lock into the first energy deal you are offered! Shop around suppliers and compare the market. With rising energy prices, you will probably have to pay more than before, but still check to see what deals are available.
Apply for help with your bill. You or someone in your household may be eligible for an energy discount or additional support.
If you are in debt with your energy supplier, you may be able to get a grant to help pay it off, depending on your individual circumstances. Contact your energy supplier.
With energy costs due to rise again in October 2022 – just before winter – the sooner you start managing your budget, the better!