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We spend £3 a day on utilities – how to pay less

According to stats released by the Money Charity, each household spends £2.91 every day on gas, electricity and water.

That might not sound like a lot, but over a year it adds up to more than £1,060. However, there are simple ways to spend less on your energy, and help stop your utility bills looking scary.

Save money on your gas and electricity bills

By not comparing gas and electricity tariffs you could be losing out on money.

It is easy to check and see whether you’d benefit from switching. You just need the name of your supplier; the name of the tariff you are on; and an idea of how much energy you use, ideally in KwH (Kilowatt hours).

 

Can you cut the costs of water?

Getting the best deal on your water bill is pretty straightforward. You cannot switch suppliers so you don’t have too many options.

Check your bill and see whether you pay a set price per year; or you have a metered bill – which means you have a water meter and pay for the water you use.

If you pay a set price each year, a water meter could be cheaper, but isn’t always. The best way to find out whether it’s for you is to use a water usage calculator. If you already have a water meter you cannot then switch back.

There  are also some simple ways you can cut costs. Getting a water-efficient showerhead and taking shorter showers are two ways to cut your water usage.

Energy efficiency tips

But what about quick wins that can help you save straightaway and don’t cost you a penny?

The Energy Saving Trust has some good tips for being as energy efficient as possible. Here are a few of our favourites:  

  • Turn down your thermostat. Just reducing it by 1°C could cut 10% off your heating bill – it usually saves around £55 per year.
  • Fill up your washing machine, tumble dryer and dishwasher. One full load uses less energy than two half loads. Wash your clothes at 30ºC and don’t use the tumble dryer if you can avoid it.
  • Use energy saving light bulbs if you haven’t already switched. They last up to 10 times longer than ordinary bulbs, and don’t cost much more.

Even if you just do one of these, you could still be better off.

What do you think?

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  • paul murray / 12 May 2015

    suggest people unplug their phone chargers etc when not in use they still use power even if not charging anything . if you touch a charger when not doing anything it will feel warm

  • Steve Lindley / 6 May 2015

    The term 'energy saving light bulbs' covers a couple of options. We changed all ours to the CFL style when we were given a set of freebies by our energy supplier. Shortly after changing them, we sold our house and noted that the EPC showed a better rating because we had them fitted (compared to an identical house over the road). The comment by Bob Jordan about the light produced by them is valid to a point. Most packaging we've seen now gives a percentage of light that appears within a set amount of time so you can make an informed decision. We decided that in some parts of our home, we didn't need it to be really bright light or really instance, such as our landing light or in kids bedrooms. For extra cost, you can buy LED versions which are more efficient still, are instant and very bright. You get what you pay for.

  • Ray Baldacchino / 3 May 2015

    Tip: Free insulation, including loft and cavity wall, is available from energy suppliers even if you are not a customer of that particular supplier. So if this offer is not available from your own supplier, try elsewhere. See the moneysavingexpert.com website for details.

  • Bob Jordan / 3 May 2015

    Good advice except that the amount acually saved with energy saving light bulbs is negligable & the light produced by them is hopeless.