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Save energy at home

How to save money on your energy bills

Article updated August 2024

Energy price cap

From 1st October to 31st December 2024, the Ofgem energy price cap will be set at £1,717 for a typical household per year. This is an increase of 10% compared to the cap set between 1st July to 30th September 2024 (£1,568).

The energy price cap is the maximum amount energy suppliers can charge you for each unit of energy if you're on a standard variable tariff.

It doesn’t mean your bill has been capped regardless of how much gas and electricity you use. If you use more than a typical household paying £1,717 a year, your bills will be higher.

See what you could do to reduce the energy you use and what financial help may be available.

Home energy grants and support

There is government support for people who need help paying for their energy. You might already be making use of it or others you might not have heard of and are eligible for. Take a look.

More ways to save energy

1. Learn more about your energy bill

A typical household gas or electricity bill can be confusing. Taking time to understand them better could help you to check you're not paying more than you should be. You could also try USwitch's handy tool to check your current tariff and get more tips.

2. Adjust your thermostat by 1 degree

Using your thermostat as an on/off switch or pressing boost too often can mean more gas is wasted. Ideally set your thermostat between 18-21°c, better still, turn it down by just 1 degree and it could help lower your energy bill (Source: Energy Saving Trust, 2023).

3. Adjust your boiler’s flow temperature

Your boiler’s flow setting controls the temperature water is when it leaves your boiler. Its default setting is usually too high, it's a bit like putting your foot flat to the floor when driving. Try setting your boiler’s flow temperature between 55 and 60 degrees. Your home will feel just as warm, but it could cut your energy bills (source: Octopus Energy, 2022).

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