How to Save Money on Energy Bills

15th October 2022
Home > News > How to Save Money on Energy Bills

Energy costs are one of UK families' biggest annual expenditures, and rising prices have made everyone in the country consider how they can cut their bills.

A recent study by Compare the Market revealed that nearly two-thirds (64%) of UK households are concerned about the rising cost of energy and are looking for ways to reduce their bills. Three quarters (75%) of those surveyed said they would be willing to make changes in their homes to cut down on their energy bills.

Many people have turned to renewable energy sources, but this can often be costly.  The first step to reducing your energy bill is to do an audit of your home and determine what you need to do to reduce your usage. You may be surprised at how much money you could save just by making a few small changes around your house. To make things easier for you, we have listed some tips to help you reduce your bill:


Ways to Save Money on Energy Bills


#1 LED Bulbs

One way to reduce your energy usage is by investing in LED light bulbs. LED light bulbs use up to 85% less energy than incandescent ones, which means you'll save money every time you switch them on. They also last much longer than their old-fashioned counterparts, meaning you won't have to replace them as often.


#2 Timer

You should also consider installing a timer onto any appliances that use electricity overnight so that they can be switched off when not needed and still do their job effectively when needed during the day while saving money on electricity bills at night time when electricity prices are higher than during daytime hours when demand is lower overall due to fewer people being awake at work or school etcetera).

 

#3 Turned-Off Unused Appliances

It's also important to ensure that any appliances or gadgets in your home are turned off when not being used—this includes TVs and computers.

Turning off lights when they aren't needed, especially if they aren't being used in rooms where people spend most of their time (like kitchens).

 

#4 Add more insulation

Look at your home's insulation. If there is not enough insulation in your attic or walls, this can cause heat to escape through the roof or walls. You can add more insulation yourself if you are handy with tools and have some experience working with them.


#5 Turn the heat down

This method involves adjusting the thermostat of a heating system to a lower temperature setting. It can be done manually or automatically, depending on whether or not the heating system has smart technology built into it.

This method of reducing energy bills is particularly effective during periods when you have control over your home's temperature (such as when you're away from work or school) but may not be needed if you live somewhere with mild winters or frequent warm spells.

The best time of year to start reducing your heating is during autumn and winter when there are fewer daylight hours and colder temperatures outside. However, if you live in an area with milder winters (like Scotland), you may want to consider turning down the heat now so that it can be turned back up again when winter comes around again next year.

When you turn down the heat, it takes longer for your home to warm up; however, once it reaches its desired temperature, it will stay there longer since it hasn't been heating constantly. This means that turning down your thermostat could save money on both your electricity bill and gas bill each month!

 

 

If you’re a landlord in south London, we can help you manage your properties. Please feel free to call us so that we can be of further assistance on 0208 355 3405


Share this article

Related News

11/06/2025
How to Create a House Manual for Your HMO Tenants

Clear guidance for London landlords looking to keep their shared homes running smoothly If you're managing an HMO in London, you already know that keeping the household organised can be a challenge. With multiple tenants sharing the same kitchen, bathrooms, and communal spaces, having a clear set of rules and resources isn’t just helpful—it&rsqu...

Read More
01/01/2026
Rent Rises, Regulatory Change and a Return to Stability: The UK Property Market Outlook for 2026

Rent rises and mounting cost pressures for landlords are expected to shape the housing market in 2026, as new regulations come into force and the sector continues to adjust to a decade of change. At the same time, a gradual return to stability is forecast for house prices, signalling a shift away from the volatility that has defined recent years. A key driv...

Read More
08/04/2023
Letting Agents in South London: A Comprehensive Guide for Tenants and Landlords

If you are a landlord or a tenant in South London, finding a reliable and efficient letting agent can make all the difference in your rental experience. With so many options available, it can be overwhelming to know where to start. In this article, we will provide you with a comprehensive guide on how to choose a letting agent in South London that best suits...

Read More
18/04/2024
The Rise of Co-Living Spaces: Exploring a New Trend in Property Management in London

In the ever-evolving landscape of property management, a new trend has been gaining traction, particularly in urban centres like London - the rise of co-living spaces. Offering a unique blend of affordability, community, and convenience, co-living spaces are reshaping the way people live in metropolitan areas. Let's examine into this burgeoning phenomenon an...

Read More