In 2022, the average heating bill is expected to rise by £694. That’s a lot of money! However, there are ways that you can save money on your heating bills and keep your home warm during the winter. In this blog post, we will discuss five ways that you can reduce your heating costs this winter.
1. Boiler replacement or maintenance
If you’re paying too much for heating, the best thing to do is replace your boiler. Replacing your boiler may save you up to £365 a year on heating costs. This is a significant money-saver and might take as little as three years to pay back what you paid for the boiler installation.
If a boiler replacement isn’t in your budget, you can also save money on your heating bills by ensuring that your boiler is well maintained. Heateam service plans start at as little as £9.50 per month, but it can help to reduce your energy usage by up to 15%.
Don’t wait until it’s the middle of winter, select your service plan today. Be prepared.
2. Smart thermostats
Get a Smart Thermostat: A smart thermostat can help you save money on your heating bill by automatically adjusting the temperature in your home based on your schedule and preferences. Smart thermostats are available for both homes with central heating and homes with individual room heaters.
With a Wifi link to get the local weather, your thermostat can adjust your heating schedule on the fly to save you money.
3. Insulate your hot water tank
Insulating your hot water tank saves energy by keeping the water hotter for longer. This means that you won’t have to use as much energy to heat your water, which will save you money on your heating bill.
Insulate your pipes too! Insulating your pipes helps to keep the heat in, which reduces the amount of energy needed to heat your home.
4. Replace costly electric heaters
Electric heaters are one of the most costly forms of heating, according to the Energy Saving Trust. With a full set of thermostatic radiator valves, a room thermostat and a timer, the cheapest way to heat your home is with an efficient gas central heating system.
5. Save on heating bills with a grant
You may be entitled to help with your heating expenses thanks to one of several government schemes:
Warm Home Discount
The Warm Home Discount can save eligible energy customers £140 a year on their electricity bills. Great news if you have an electric heating system. Find out if you can apply.
Work from Home Tax Relief
If you are required to work from home then you can apply for Working From Home Tax Relief. This is a government program that allows you to claim tax relief of £6 a week for the entire tax year. That works out at £1.20 each week for basic 20% tax rate.