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UK Energy Price Cap To Rise 2% In October As Experts Share Money-Saving Tips

Experts outline simple ways to lower bills ahead of October’s 2% cap rise.

Overview

  • The cap increase means a typical household would pay about £1,755 a year, roughly £35 more than the current level.
  • Lowering the thermostat from 20°C to 19°C could cut annual costs by over £100, according to heating specialists.
  • Consumers considering a fixed tariff are advised to check for high exit fees that could wipe out savings if prices fall.
  • Avoiding one tumble-dryer load each week could save up to £80 a year, with heated airers suggested as a cheaper alternative.
  • Using a microwave for small portions or reheats is advised as more energy-efficient than cooking on a hob.