With everything that you are already doing to save money on your energy usage, are you still wondering why your energy bills are so high? It may be for a number of different reasons you have not taken into consideration which we aim to cover in our latest blog post..
Energy consumption is inevitable. The number of electrical appliances rises each year, with British households owning 7 internet devices on average. Sadly, leaving your TV on standby and reducing the cooker usage may not be enough to banish the high gas and electricity bills you are facing every quarter. Here are some important indicators as to why your energy costs are not dropping.
You are not doing your meter readings regularly
After you have received your energy bill you should take your meter readings immediately. Next, compare the figures to the usage on your bill. This simple practice will allow you to keep track of what you have used and what you have been charged for. Neither under nor overestimated bills are good for your money saving efforts, so taking control of your inaccurate gas and electricity bill is a smart move to take.
Your energy provider put the prices up
Brexit has triggered a number of price rises amongst gas and electricity suppliers, Npower have already announced this year that they will raise standard tariff electricity prices by 15% from mid March, and gas prices by 4.8%. British Gas, although freezing their rates for now, will be looking to increase the cost of their tariff from August.
Whichever provider you are currently with, make sure you learn about any of their plans in terms of tariff changes and other costs in advance. Even though hanging on the phone to get through to the customer service department may not be that appealing, it is important that you have the up to date information from the first source.
If you think you are paying to much for your energy bills, enter your postcode into our free comparison engine to see if you can save money by making a simple switch.
Your double glazed windows aren’t energy efficient
Even though the common belief is that double glazed windows should be energy efficient, the fact is that they come in a range of different specifications, with some being better than others.
Windows performance can depend on how much sunlight can travel through the glass, or how much heat can be retained inside of the building. You need to think of how well fitted they are as air can leak through gaps around the window. The best way to investigate your windows’ energy efficiency is to obtain a Homeowner Energy Rating Certificate which can help with your home valuation if you decide to sell it in the future.
Your home is not insulated properly
Apart from the obvious benefits of installing new home insulation, for example improved air quality, overall comfort of living, soundproofing and structural support for your property, your bank statement will look a lot healthier too. Be warned though that this is not a quick fix, but rather, a process of assessing your current insulation, recognising any condensation or damp issues, etc. Having medium to long term goals in mind you can significantly decrease your high energy bills and keep the trend over months to come.
To sum up, your high energy bills can be a cluster of many different factors. To identify specifically what is sabotaging your personal finance, consider doing the following:
- Investigate how energy efficient is your home. You can order an Energy Performance Certificate online.
- Check if you have got the right type of insulation installed. A good way to do that is to book a fee survey with your local home improvement installer
- Compare & switch to a lower tariff using our free online comparison tool.
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