Rising energy prices.
The cost-of-living crisis has cast a spotlight on peoples energy bills and daily energy usage. Due to the rising costs, it is more expensive for energy providers to buy energy, meaning it has become more expensive for people to power their homes and businesses. This has led to currently around 4 in 10 energy bill payers struggling to afford their payments. As a result, many people are seeking ways of reducing their energy bills, and companies are aiming to provide more advice and help to these individuals.
Lowering your energy bills.
Reducing your energy bills directly correlates to your energy usage. You can reduce your energy usage in a number of ways. For example, by turning appliances of standby, lowering the temperature of your heating and washing machine, and being mindful about how much water you use.
Appliances such as slow cookers, water efficient showerheads, LED lights, and smart thermostats can also help to lower your energy usage and bills. However, these appliances may require some investment first.
Have you ever wondered if you could be saving money on your energy bills? Find out whether it’s cheaper to switch to a gas or electric oven. Or if using an electric blanket for a few hours costs less than turning the heating on for half an hour. You can now find out how you can save money on your energy bills with the energy cost calculator.
Interactive cost calculator by GoCompare
GoCompare have developed an interactive energy cost calculator tool to find out how much household appliances cost to run.
This calculator is a helpful and easy way of finding out how much it costs to run common household appliances and compare them against each other. Simply pick the appliances you want to compare and select how long they’ll be in use for.
This tool is useful to anyone feeling the effects of the current cost of living crisis.
Use the interactive energy cost calculator by clicking the link below
The cost-of-living crisis has had a massive impact on the majority of peoples finances, with many people not being able to afford their energy bills. However, with simple household changes and tools such as GoCompare’s interactive energy costs calculator, and advice from companies such as us, it’s possible to reduce your energy spending. All these tools will help you to gain a clearer understanding of where your money is being spent, and how to reduce that spending.