As we move into the new year, once again we are getting ready for changes in our energy bills. This is due to the government’s latest energy price cap increase, which will impact the cost of electricity and gas.
Learning what these changes mean for your energy expenses is important, so LEAP is here to help you understand these changes and keep your energy bills manageable.
The energy price cap is a limit set by Ofgem on the price suppliers can charge for energy. Starting this month, there will be an increase in this cap of 1.2% an increase of £21 a year from the previous level. This change means that many families will see an increase in their energy bills, with prices changing based on your energy use and what tariff you are on.
You can expect a noticeable increase in monthly charges. While this increase can seem daunting, it’s important to remember that there are tips available to help you manage these costs.
The LEAP service offers free, comprehensive advice to help you manage your energy use and bills. During a LEAP call, trained advisors provide tailored advice on how to reduce your energy usage, explore grants and funding options, and look for practical changes you can make at home. This call can help you to control your energy costs and find solutions that fit your lifestyle and budget.
One of the most effective ways to cut down on energy costs is to really examine your home energy usage. Start with simple changes like switching to energy-efficient LED bulbs, unplugging devices when not in use, and reducing the thermostat by just one degree. These small adjustments lead to savings over time. Also, consider upgrading aging appliances to more energy-efficient models, which may also be supported by available grants.
Ofgem is the UK’s energy regulator. Their website is a valuable resource for staying updated on the latest energy market changes, including price cap adjustments. By visiting Ofgem’s website regularly, you can prepare for upcoming changes and make informed decisions about your energy plan or supplier switches that may offer better rates.
Getting started with saving energy can be daunting, but we make it easier with our free downloadable energy efficiency guides. These guides offer practical tips and strategies designed to help you start saving money straight away. Covering everything from heating and insulation to efficient appliance use, our guides are a fantastic resource for anyone looking to reduce their energy bills.
As we adjust to the new energy price cap, remember that staying informed and proactive can make a significant difference. Using resources like the LEAP energy advice service and keeping up to date with changes through Ofgem can help you to manage your energy expenses and reduce some of the financial pressures caused by price increases.
Reach out today to book a LEAP Energy Advice call, and be sure to access our downloadable guides to start making a positive difference in your energy spend.
