State pensioners can get £380 if they spend £1.40 after Winter Fuel Payment axe (2024)

State pensioners can get £380 if they spend £1.40 after Winter Fuel Payment axe (1)

State pensioners can get £380 if they spend £1.40 after Winter Fuel Payment axe (Image: Getty)

Households can save hundreds of pounds per year by implementing a few simple energy-saving measures. One such tip costs just £1.40 but can help boost the efficiency of your radiator.

These tips are especially welcome as households face another energy price cap hike this week, with bills set to rise by around 10 percent for the next three months.

The increase will bring the average annual energy bill for a typical dual-fuel household to £1,717.

With the Government tightening eligibility for the Department for Work and Pensions (DWP) Winter Fuel Allowance, these savings could also help state pensioners who are newly excluded from the benefit recover some of the lost income.

By following 10 simple energy-saving steps, households could save up to £380 a year, the Mirror reports.

READ MORE: Energy price calculator tells you exactly how much more you'll be paying in days

State pensioners can get £380 if they spend £1.40 after Winter Fuel Payment axe (2)

Tin foil costs just £1.40 but can help boost the efficiency of your radiator. (Image: Getty)

  1. Install radiator foil: Fitting reflective foil behind radiators on external walls can help retain heat. Major supermarkets are selling foil for £1.40, making this a cost-effective solution
  2. Lower your thermostat: Turning the dial down by just one degree could shave £80 to £85 off your annual energy bill.
  3. Adjust heating timers: Set your central heating to switch off at night and during the day if no one is home, reducing unnecessary fuel consumption.
  4. Manage radiator settings: In rooms like bedrooms that aren’t used during the day, turn the radiator to the lowest setting rather than off completely to save energy.
  5. Lower washing machine temperatures: Washing clothes at 20C with liquid detergent instead of powder can clean just as effectively while saving money. Reducing the number of spins in each cycle also helps.
  6. Air-dry clothes: Use a drying rack instead of a tumble dryer to cut costs. If you must use the dryer, clean the filter to improve efficiency.
  7. Insulate your loft: Up to a third of heat can escape through the roof, so if your home isn’t insulated, adding loft insulation could save up to £215 annually on heating bills, according to Which?.
  8. Draught-proof your home: Use draught excluders for doors and windows, as well as expanding foam fillers for gaps around chimneys, floorboards, and skirting boards. This could save around £25 a year.
  9. Switch to LED bulbs: Replacing old halogen bulbs with energy-saving LED bulbs can save about £7 annually in running costs per bulb, eventually cutting £180 over their lifespan.
  10. Turn off standby appliances: Switch off devices like TVs, game consoles, and laptops at the socket to save up to £55 per year. Avoid leaving them on standby where possible.

Don't miss...
Energy price cap update as UK bill payers will see welcome change within months [INSIGHT]
‘I’ve managed to save £12,700 for my grandchildren using this account' [EXPLAINED]
Six tax-saving moves you can make before the Autumn Budget [ANALYSIS]

Trending

    Invalid email

    We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy

    Domestic energy bills are set to drop by one percent in January, providing slight relief for households. Contrary to previous forecasts, energy consultancy Cornwall Insight estimates the typical annual bill will decrease to £1,697 from January 1.

    It said a combination of the EU meeting its gas storage targets ahead of winter, strong global LNG supply outlooks, and improved confidence regarding gas and electricity imports ahead of winter had resulted in wholesale market prices falling.

    Craig Lowrey, principal consultant at Cornwall Insight, said: "While households will have to endure a rise in the cap from October, our current forecasts suggest that this is a temporary blip."

    However, he noted: "January to March, typically some of the coldest months of the year, often bring with them the biggest energy bills and, while our latest forecast is welcome news, it remains subject to the volatile wholesale gas and electricity markets.

    "There remains a further six weeks or so for the wholesale market to influence our forecasts, and while the negligible quarter-on-quarter drop is welcome, it must be remembered that bills will still remain hundreds of pounds above historic levels."

    State pensioners can get £380 if they spend £1.40 after Winter Fuel Payment axe (2024)
    Top Articles
    Latest Posts
    Recommended Articles
    Article information

    Author: Delena Feil

    Last Updated:

    Views: 5795

    Rating: 4.4 / 5 (45 voted)

    Reviews: 92% of readers found this page helpful

    Author information

    Name: Delena Feil

    Birthday: 1998-08-29

    Address: 747 Lubowitz Run, Sidmouth, HI 90646-5543

    Phone: +99513241752844

    Job: Design Supervisor

    Hobby: Digital arts, Lacemaking, Air sports, Running, Scouting, Shooting, Puzzles

    Introduction: My name is Delena Feil, I am a clean, splendid, calm, fancy, jolly, bright, faithful person who loves writing and wants to share my knowledge and understanding with you.