It’s not easy to stay on top of your energy bills, particularly if you’re not on the ball. As rates change so often and because there are so many providers, there’s a lot to think about when it comes to managing your bills efficiently. Let’s take a look at some of the ways that you can manage your energy bills.
Change supplier
The easiest way to save money on your energy bills is to look at switching suppliers. Run an energy comparison through a site like Uswitch and see what tariffs and rates are available in your area. If a better rate than the one you’re currently paying is available, you can switch suppliers there and then with no questions asked.
Manage your consumption
Another tip is to manage your consumption and reduce the amount of energy you use. You can do this in the following ways:
- Only wash your clothes when you have a full load, and run the machine on thirty degrees
- Stop relying on your tumble dryer and let your clothes air dry
- Use LED light bulbs in your home
- Remove all of your devices from standby
- Check that your fridge is constantly at a temperature between 3-5 degrees
These small changes can help you save several hundred pounds every year, so it’s well worth taking the necessary steps to better manage your energy consumption.
Use a smart meter
In the UK, homeowners can install a smart meter to monitor how much they’re spending on electricity and gas. A meter shows you much you’re spending on your consumption and gives you an insight into how you can save money. The good news is that most smart meters are free, and it’s undoubtedly a worthwhile investment.
Are you eligible for benefits?
Finally, if you’re struggling to meet your monthly energy bills, it’s worth checking if you’re eligible for government support. You might be eligible if you have a disability, are of the state pension age, have low or no income, or have a history of missing energy payments. Research into the benefits available to you by looking on the government’s website or by using a third-party site like Citizen’s Advice Bureau.
What about a personal loan?
If you’re currently in debt and are looking for a way to wrestle back control of your repayments, you might find it helpful to apply for a personal loan. You can then use this to consolidate your debts, which might save you money and will make your monthly repayments more manageable. You can apply to a lender like Koyo Loans for a personal loan today, but be sure to read the terms and conditions of the loan before committing.
