To date (April 1), the energy price cap has risen for about 22 million people nationwide after wholesale prices quadrupled last year.
Many people are now also facing hikes in other areas such as their council tax, water and shopping bills – all of which went up today on top of everything else.
The 54% increase in the energy price cap means a household using a typical amount of gas and electricity will now pay £1,971 a year.
READ MORE – ScotRail nationalized from Friday – here’s what it means for customers and staff
A further hike taking the annual bill to £2,600 is expected in October, an analyst has told the BBC.
But with plenty of discounts now, it’s worth knowing what you can do to cut costs and one of the first steps can be to turn off standby items you aren’t using during the day – especially s ‘they get left on all night.
According to JustServicesGroup, having electrical appliances on or on standby all night can add over £1,000 to an annual bill – a cost many people cannot afford.
And as a result, they looked at how much it costs to have things on at night.
While price increases are inevitable, small things can be done to help reduce expenses – and a little stress.
New data has shown how much energy is wasted when devices are left on or on standby when they don’t need it.
So what can you do to lower your bills?
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How to save money on electricity and gas to lower your bills
While plugging in devices like your phone is a necessity for many, keeping the TV or game consoles on or left on standby may not be.
Research has shown that between 2.5W and 5W of power is used to charge a smartphone overnight, costing £1.75 a year – the least of any device on the list. However, if you don’t need your phone overnight or charged in the morning, it might be a good idea to turn it off.
The overall cost of keeping devices on or on standby overnight was an additional £1,011.93 per year, which averages out to £84.33 per month.
Electrical devices have a power rating, usually expressed in watts (W) or kilowatts (kW), which indicates how much electricity they need to operate.
To calculate the additional cost of leaving appliances on overnight, JustServicesGroup.com looked at wattage (W) household appliances that could potentially be turned off overnight – and calculated how much they cost to run for a month and a year.
How much does it cost to run appliances overnight – which is about eight hours a day:
Research has shown that oil-filled heaters use the most energy – with an average power rating of 1,500W to 2,500W – and therefore cost the most when left on for eight hours a night .
A heating system with the highest energy consumption (2,500W) will add around £544.20 to an annual bill if left on for eight hours a night, six months during winter.
Many people love dehumidifiers – an item that is regularly used to help soothe common problems resulting from poor indoor air quality – and many people leave them on all night.
However, with a power consumption of around 300W to 700W, leaving a dehumidifier on could add over £300 to a year’s bill.
When a games console is left on standby overnight, it can add just over £13 to an annual bill. While that might not sound like a lot, turning it off overnight is one of the easiest ways to save on power consumption — money that could be saved or spent elsewhere.
The group also lists other ways to reduce your overall energy output. These include:
- Wash clothes at low temperature
- Use your dishwasher’s eco setting
- Keep your refrigerator between 1C and 5C
- Turn off your devices where you can
- Replace halogen bulbs with LEDs
- Turn off the lights when you leave the room
- Don’t overfill the kettle – make enough for what you need
- Avoid the dryer
- Reduce the time you spend in the shower to four minutes
- Insulate your hot water tank
- Draft-proof gaps
- Reduce water consumption
- Switch to double glazing
- Use a smart meter
- Choose energy efficient appliances
Co-founder of JustServicesGroup.com Chris Burls said: “Rising energy bills are inevitable and cause immense financial pressure for many households. While turning these things off overnight won’t solve the burden of the rising price cap, making minor changes to daily habits can have a benefit in monthly and annual costs.”