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Energy at home

How to save money on my energy bills

How much does electricity and gas cost today?

Between 1 January and 31 March 2024, Ofgem’s energy price cap limits the unit cost of electricity to 29p per kilowatt hour (kWh) and 7p per kWh for gas.

During this time, typical households in England, Scotland and Wales will pay around £1,928 annually on energy bills. This is around £94 a year compared to the previous three-month price cap. 

To understand more about the energy price cap read this blog

Is the government still giving people money off their energy bills?

Last winter, most households received a monthly discount on their energy bills.

This ended in March 2023 and UK Government does not plan to reinstate this.

What's coming next for energy bills?

Annual energy bills in England, Scotland and Wales have increased slightly again. They are now hundreds of pounds more expensive than just a few years ago .

It’s predicted energy bills will remain high until the end of the decade. So it’s still really important to make sure you’re doing everything you can to be energy efficient at home.

Tips to help you save energy

Would you like some simple energy saving tips? Millions of people are already using our trusted information, find out how you can save hundred of pounds on your energy bills a year by making some simple changes

Could a smart meter save you money on your bills?

A smart meter can show you how you use energy at home.

Seeing this can help you start to make small changes to reduce your energy use, which will save you money.

Your supplier will install your smart meter, and you don’t have to pay anything upfront.

You can find everything you need to know about how smart meters work, how you can get one and the benefits in our guide.

Appliances and energy efficiency

Buying home appliances that are more energy efficient might be an area where you could save money in the long-term.

This list of top five energy consuming appliances gives you advice on how to make these products more energy efficient or cut down on their energy use.

You can also get more tips from our guide to buying energy efficient products.

Financial support and services

If you need more financial support with making your home more energy efficient, there’s support available based on where you live.  

You can also get help from Citizens Advice, including tailored advice if you live in England or Wales and are struggling to pay your energy bills.

Find out how we’re working with Citizens Advice to help you save energy and money. 

You can also read our blog with your questions about the energy crisis answered by experts at Energy Saving Trust and Citizens Advice.

 

 

Last updated: 2 January 2024