What’s the average UK energy bill and how can I save money? 💡
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Whether it’s to lower your energy bills or to reduce your carbon footprint, most of us are thinking about how we can make greener choices at home 💚
🌿Energy use and how much carbon a home emits are measured in each property’s Energy Performance Certificate, ranked in bandings from A to G
🌿 Rightmove's analysis of recent listings shows the greener the home, the lower the average annual energy bill will be
🌿 The annual cost calculations below are averages based on data from 300,000+ EPCs that were created during the last 3 months of 2023:
🌿 Where can I check the average energy bill for a property? Within a home’s Energy Performance Certificate, you’ll find an estimated annual bill for heating, lighting and hot water
🌿 You’ll also find a list of recommended home improvements within the certificate
🌿 Making green changes can not only save you money but will reduce the amount of carbon dioxide that your home emits
🌿 Currently 26% of all greenhouse gas emissions come from our homes!
🌿 To find your EPC, enter your property details here
How can I save money on my energy bills?
🌳 Adjust your combi-boiler flow temperature
🌳 Close curtains and blinds
🌳 Installing a Smart meter and Smart thermostats
🌳 Improve your insulation
🌳 Consider solar panels, triple glazing or a heat pump
🌳 Reduce your energy usage (read more about how to do this here)
Rightmove analysis shows that sellers who’ve improved their EPC rating from F up to a C could see an average house price increase of almost £56,000! 💰
What does a unit of energy cost right now?
🍀 The energy price cap is set by energy regulator Ofgem: an independent organisation that works to ensure energy customers are treated fairly
🍀 The price cap amount takes into account any increases in wholesale prices, but does so in a proportionate way
🍀 The figures in the table below shows the maximum amount energy companies are able to charge customers, per unit, for the length of time the price cap is in place
🍀 1st July to 30th September rates will be announced on 28th May 2024
Source: Ofgem. Based on average rates for direct debit users, which vary by region
How much power does a typical household use?
Source: Ofgem
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