Click to Chat

Live chat with our customer service team.

InsureWithMax Blog


Save More Energy

The government has capped the unit cost of energy so that a typical household will pay £2,500 a year. Energy is still rising from £1,971 last April and the cap is based on the unit of energy and not usage. Energy prices are rising faster than wages. Do you know the best ways to save energy/money? 

Save energy

Energy still costs morw

Excluding Northern Ireland, the energy price cap is set by Ofgem. For an individual customer, the amount paid under the Energy Price Guarantee will depend on usage, where they live, how they pay for their energy and their metering arrangement. The £2,500 figure is based on a household with typical consumption on a dual electricity and gas bill paying by direct debit.

How to save money?

As we are all responsible for the energy usage, here are quick tips to save money.

  • Turn thermostat down. Every degree cut is about £100 saving a year.
  • Switch off standby mode and save around £55 a year.
  • Draught-proof windows and doors can save around £45 a year on energy bills.
  • Turn off lights when leaving a room. This will save around £20 a year.
  • Reduce washing machines wash and use a 30-degree cycle will save at least £28 per year.
  • Avoid the tumble dryer to save £60 a year. Trickier in the winter.
  • Spend less time in the shower and save £70 a year.
  • Swap one bath a week for a 4-minute shower save up to £12 a year.
  • Avoid overfilling the kettle and save £11 per year.
  • Fill the dishwasher reduce by one run per week for £14 saving per year.
  • Insulate the hot water cylinder Standard Jacket 80mm thick to save £35 a year.

Before starting, understand the energy bill. Although the information on a typical energy bill is confusing, it will help in getting to grips with home energy usage.

ChildMax continues to ensure your salary and pays your take home salary while you’re on 12 months’ unpaid leave, caring for a sick child. It starts from £49.50 or for easy budgeting an initial payment of £8.25 followed by 11 monthly payments of £3.75.

Visit at www.insurewithmax.com or call the UK call centre 0333 323 0098 for more information.

Sources:

https://www.moneysavingexpert.com/utilities/energy-saving-tips/

https://energysavingtrust.org.uk/hub/quick-tips-to-save-energy/

https://www.ofgem.gov.uk/information-consumers/energy-advice-households/check-if-energy-price-cap-affects-you 

Date: 10 October 2022 by Max Robinson