What is the average energy bill in the UK?
Besides mortgage repayments, the energy usage is often the largest bill to pay for families. The average electricity and gas costs for families in the UK is together about £1264 per year. This is just an average, the total costs depend of course heavily on the amount you use and your payment method.
Where exactly does the money you pay for your energy bills go to?
The margin for the supplier is about 5% of the total energy bill. The supplier needs between 60 and 65% of the energy bill to buy the gas and electricity and to keep the business running. About 16% of the bill covers the distribution costs of energy (gas pipes and electricity wires). 8% of the bill goes to the government initiatives at saving energy, reducing emissions and climate control. About 5% of the bill is VAT. Costs for high pressure gas and high voltage transmission networks account for about 3% of the total energy bill.
How can I reduce my energy bill?
There are many tips and tricks to help you reduce your energy bill. Below we have listed a couple:
- Don’t keep image- and sound installations on stand-by, but turn them off.
- Try not to use your tumble-dryer, instead hang your washing on a line.
- Turn the heating down 2 degrees and put on a jumper.
- Wash small amounts by hand and don’t use the dishwasher.
- Turn off the lights if you’re not in that room.
- Remove phone chargers from the socket when you’re not using them.
- Make sure your house is well insulated.
- Turn the temperature down an hour before going to bed.
- Have a shower instead of a bath, this saves a lot of warm water.
- Install an energy saving showerhead.
- Change traditional light bulbs to lower energy light bulbs
These tips can really reduce your energy bill!