UK folks are probably aware by now that tomorrow energy caps are set to go into effect across the nation. Typical households will see some savings, but, most are probably going to see some pretty hefty rises thanks to poor policy changes by the incoming Prime Minister Liz Truss and her gang of policymakers.
The typical household will save £1,000 on their bill but will still see prices rise. Experts advise that households should submit their meter readings by the close of business today to potentially avoid very high raises in energy bills as inflation and the cost of living crises continues to worsen. Beginning tomorrow, which is a rise of £529, will come into force from October 1, but is only a cap on the cost per unit and not a limit on a household’s total bill according to language in the change reviewed by Bazaar Daily UK.
People should be reminded that despite this step costs are expected to still rise as the markets have been in turmoil this week. Turmoil in part because the Chancellor announced earlier this week that tax cuts are coming to the tune of £45 billion.
Here are some of our best cost-saving measures to help ensure energy bills stay as affordable as possible as the winter and cold season approaches.
- When it comes to your boiler and whatnot, turn off the pre-heat function when or where possible.
- Devices that are usually on stand-by if they aren’t req’d or aren’t life-saving equipment disable them and turn them off until usage is required. This will save from energy-hogging appliances riding on your bill.
- If possible obtain a set of otherwise ‘portable’ chargers that otherwise can charge devices like phones and tablets as stand-alone chargers rather than having to plug them into a wall outlet.
- Also if possible charge up your devices at work; school, or a public entity (think library.)
With the energy bailout households are also expected to get a rebate of £400 over the course of two years while the bailout is in effect.
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