With energy prices rising, larger households are feeling the pinch. Here are some savings tips for households of more than 3 members
How to Save on Energy Bills When Living With More Than 3 People
At Edinburgh Letting Centre, we want to help you get great value for money when moving into a home in our beautiful city. We also want to help you save money after you’ve moved in. But in these economically turbulent times where Scottish homes face a rising cost of living, that’s often easier said than done. A global rise in wholesale energy prices has precipitated a huge increase in energy costs for households in Scotland. Earlier this month, wholesale energy prices climbed to an all-time high. But that doesn’t necessarily mean that your energy bills need to be astronomical.
If you have a larger family or share a student house, a larger number of people in households means greater energy usage. But even if you’re living with 3 or more people, there are a lot of different ways you can cut the cost of your energy bills.
Get off Your Default Variable Tariff ASAP
The energy experts at Papernest have a lot of tips to help you save on your energy bills no matter the size of your home. And while they have lots of tips to help you conserve energy, they will tell you that your savings can be enhanced by switching energy tariffs regularly.
In fact, it is estimated that the average UK household can save over £300 per year simply by switching to a more competitive energy plan. Most energy plans are fixed-rate, lasting either 12 or 24 months. However, after this tariff expires, you’ll usually be moved to a default variable tariff. Not only are rates usually higher with these tariffs, they’re rising even more sharply as a result of the energy market crisis. Therefore you should switch to a new plan ASAP to save on your energy bill.
Ask Your Supplier to Install a Smart Meter
Consider Switching to an Economy 7 Meter
Invest in a Smart Thermostat