The energy price cap has risen by 10% this month, but there’s a way to offset the cost by tackling the ‘hidden’ energy use in your home, according to experts
Brits could save a significant amount just by keeping an eye on their devices (Image: Getty Images)
Experts have offered a simple tip that could help Brits cut their annual energy bills and make their homes more eco-friendly this winter. Following Ofgem’s announcement of a 10% rise in the energy price cap, UK homeowners saw their annual energy bill increase by £149 from October.
This will result in an estimated monthly increase of £12 for 27 million households across the UK. However, it’s crucial to understand that the price cap doesn’t set a maximum limit on household bills but rather determines the price per unit of gas and electricity.
While the impact of the energy price cap will vary depending on usage, experts suggest there’s a way to almost entirely offset the rise seen this month by addressing the ‘hidden’ energy consumption in your home. Renewable energy surveyor, Sean Slawson, of Geo Green Power highlighted the issue of so-called vampire devices.
He explained: “Devices in standby mode still consume energy, and reducing this can lead to surprising savings. Televisions, computers, and gaming consoles are major contributors to so-called ‘vampire’ energy consumption.
“Research shows Brits could save an average of £147 per household annually by switching off ‘vampire devices’ – those that continue to drain power when left on standby – when not in use. To reduce ‘vampire’ energy, get into a habit of unplugging devices or use smart power strips that cut power automatically. You can also check if your TV has energy-saving features like automatic shut-off or screen dimming to help lower your energy bill.”
Slawson himself is urging the public to embrace renewable energy, citing both the financial and environmental advantages it offers, especially during times of rising prices. “Even during the winter months a household with solar panels will be generating their own energy and using less from the grid,” he remarked, pointing out that the average UK home could save approximately £1,000 a year by installing solar panels.
He further commented on the reduced costs of solar panel installation, saying: “It’s never been cheaper to install solar. The energy crisis created huge global demand and manufacturing of solar panels and other installation materials significantly increased; the result has been a significant dip in the cost of a solar PV system. If you received a quote to install solar a year or so ago, I strongly recommend you revisit.”
Additionally, he highlighted that installing solar panels not only cuts electricity bills but also contributes to reducing the carbon footprint, which resonates with the increasing climate consciousness in the UK.
Slawson urges homeowners to think about installing heat pumps to slash their energy bills. He remarked: “If creating a sustainable home is important to you, consider switching to a heat pump. Heat pumps capture heat from the air, ground or water and boost the temperature to provide heat and hot water. Not only are they environmentally friendly, they are highly energy efficient, have a long lifespan and you may be eligible to receive a Government grant to help cover installation costs through the Boiler Upgrade Scheme.”
