As fall approaches, the energy price cap is set to increase, making it essential to find ways to save on energy bills. Checking for better electricity and gas deals, particularly after your fixed-term contract ends, can lead to significant savings. Using online price comparison tools like USwitch and cashback websites such as Topcashback or Quidco can help you secure the best prices.
Regularly monitoring your smart meter readings, especially before the Energy price cap rise on October 1st, is crucial to ensure accurate billing. Managing direct debits for energy payments can help balance costs throughout the year, but excessive credit in your account may warrant a reassessment of your payment plan.
Simple tips like delaying turning on the heating until necessary, wearing extra layers, and using hot water bottles can help reduce energy consumption. Leveraging off-peak tariffs, setting timers on appliances, and sealing draughts can further cut down on energy expenses.
Maximizing benefits like free energy hours from providers like Octopus through alerts and Direct Debit payments can lead to cost savings. Referring friends to your energy supplier can also earn you credits, while optimizing the use of battery-operated devices and appliances can help lower electricity usage.
By implementing these strategies, you can effectively manage and reduce your energy costs every month, providing significant savings in the long run.