How you can find savings on your energy bill
As energy prices are set to rise in July, experts suggest taking proactive measures to save on energy bills. Options include considering fixed tariffs, switching to monthly payments, and improving energy efficiency at home. Additionally, individuals should check for eligibility for grants and support programs to alleviate financial burdens.
- ▪Energy prices are expected to rise in July due to increased gas costs.
- ▪Switching from quarterly to monthly payments can save about £140 a year.
- ▪Many people are eligible for unclaimed benefits and grants for energy efficiency improvements.
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How you can find savings on your energy billJust nowShareSaveAdd as preferred on GoogleKevin PeacheyCost of living correspondentGetty ImagesDuring a heatwave the last thing you'll be thinking about is your heating and energy bill.But energy prices will rise in July and analysts predict bills – driven by the increase in the cost of gas – are likely to remain elevated into the winter.Experts say action now can save money when the pinch comes, even though people may feel they have already made every saving possible.Here are some options.Consider fixed deal – but be aware of the risk should prices fallSome 22 million people - about 40% of billpayers - have the certainty of fixed tariffs. In these deals, the cost per unit does not change for the term of the tariff, which is usually a year.
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