Saving on Energy Costs

Energy prices are going through the roof at the moment. Whether it is due to economics and supply and demand, political forces, the heavy rise in the future prices of many resources, or one of many other factors, prices are high.

And the bad news is that most predict that prices are only going to rise, with scary propositions like the price of oil hitting $200 a barrel in the not too distant.

Given this, and that energy is something we all consume lots of daily, what can we do to reduce our energy bills?

The key is to look at switching utility company. Many people have never switched and so are on really uncompetitive deals compared to what is out there on the market. Therefore take the time to switch around and see how much you will pay for energy elsewhere - if you've not looked around for a few years then the chances are there is a much better deal out there for you.

The other method is to reduce your energy consumption. If you have lights on in the house and leave them on, only have the light on when you're in the room. Switch devices off rather than use standby. Only fill the kettle by the amount you need. And so on - by implementing simple and pain free changes to your daily routine you may be able to save quite a lot of money over the course of the year - energy savings of around £250 a year can be made quite routinely by people just through adopting better energy-friendly practices in our daily lives.

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