New research from GoCompare Energy has found that 83 per cent of energy customers have seen their fuel bills increase since Ofgem’s price cap came into force in April. The research, which also asked more than 2,100 people what they are doing differently to try and cut costs, discovered that over two-thirds (64%) of those surveyed have started turning off the lights when they leave a room, making this the top measure people are taking to save money and reduce energy usage around the home.
Other tactics to tackle the energy and cost of living crisis included going to bed earlier, using the tumble dryer less and doing laundry at night - just 10 per cent of respondents said they weren’t implementing any energy-saving measures.
The latest predictions from the industry experts at Cornwall Insight is that the energy price cap will rise by 65% from the current £1,971 to an eye-watering £3,245. This means that the next 10 weeks before Ofgem implement the price hike is the only opportunity for households to make changes now to help build bill credit which could help offset the increase.
