Summer is finally here, but the warmer and lighter days don’t necessarily mean cheaper energy bills - even with the new lower price cap which came into force on July 1. Energy-saving smart meter app Loop has looked at the worst culprits that could be adding to energy bills during the summer months, with some households forking out as much as £380 extra per month from July onwards.
The new energy price cap set by Ofgem came into effect on July 1 and the average household should expect their bill to drop to £2,074 - 17% less than previous prices. But it’s important to remember that the price cap is a cap on the unit price and not on your total energy bill. So, if you want to spend less, you need to use less - even during the summer months when household bills are typically at their lowest.
Comparing a number of popular summer appliances, including tower fans, air conditioning units, beer pump dispensers, and hot tubs, Loop has calculated how much they could be costing you. It calculated that a family of four each using a 35W fan in their bedroom at night could be adding almost £3 per month to their energy bill and £70 more if using an air-conditioning unit. Plugging in an extra fridge to keep drinks cool over the three months from July to September can also add more than £30 to bills.