Energy Price Increase
It’s been hard to miss out on information regarding energy bills over the past couple of months, and also, you might have seen news relating to the recurring energy predicament. Nevertheless, what is the energy situation, and what does it suggest for your energy bills?
The energy problem is a chronic lack of energy throughout the world, influencing many nations, including the UK.
As countries began to recuperate from the pandemic, the need for gas increased once more and could not be fulfilled due to a scarcity in supply, developing gas costs to boost in 2021. The concern was aggravated by renewable sources like wind and solar, creating a lot less power and cold weather, calling for even more individuals to turn their heating up throughout the winter season.
This rise in gas costs has actually pressed some energy distributors in the UK to shut their businesses down. By the backend of December, 28 energy businesses had actually closed down, including larger companies like Bulb, impacting over 2 million customers. If your energy company goes bust, you do not need to do anything. You will still receive your gas as well as electricity as usual. Ofgem, the energy regulatory authority, will undoubtedly move your account to a brand-new company. They will let you know which one you have actually been transferred to.
What can I do to decrease my energy bills?
When prices increase, it’s anticipated that the number of houses that can not afford to warm their residences to the temperature needed to preserve them warm and also healthy and balanced will boost from 4 million to 6 million.
We suggest that you attempt and reduce just how much energy you currently use in the house, such as shutting down the lights when you leave a room or reducing the number of times you use your washing machine or dishwasher per week.
See listed below several of our suggestions:
- Turn off standby
- Draught-proof gaps
- Shut off the lights
- Cleaning clothes at 30 degrees
- Stop using the tumble dryer
- Take a 4-minute shower
- Swap one bathroom a week for a shower
- Do not overfill the kettle
- Insulate your warm water cylinder
- Examine loft and also protect where required
For much more energy-saving suggestions, please get in touch with a member of our team.