Martin Lewis has offered new advice which could help you save money on your appliance usage at home. The MoneySavingExpert founder suggested only using high energy gadgets outside of peak hours.
Posting on Twitter, he wrote: “When's best to use high energy appliances eg tumble dryer? Most don't have time-of-use tariffs, so there's no price difference (if you do, night's cheaper). Yet peak use is 4pm-9pm so for UK's energy security not then is better. If uv solar panels use appliances in daylight hrs.”
Read more: Martin Lewis issues advice on whether you should overpay on your mortgage
In another post, he said: “Surprised by a few angry replies of ‘I wont be putting my dryer on at night its a fire risk’. a) No one says you should this is about info so you can choose and isnt just about tumble dryers. b) There are 19 hours in the day outside 4pm-9pm, many of them are not in the night.”
The finance guru has been vocal about the cost of living crisis throughout the year, but in September he admitted he had no real answers to help the public escape its impact, reports the Express.
He was asked on ITV’s This Morning about the “ticking timebomb” homeowners face with mortgage repayments set to rise.
The expert told the show “I don’t know” and shrugged his shoulders when asked about the situation which could see interest rates rise to 6 percent.
He said: “The situation now is bad and if those interest rates go up as has been discussed. And it’s not certain that they will but that is what the markets are predicting then we are going to have millions of people in that and we are sitting on a mortgage ticking time bomb.”
It comes after National Grid warned of three-hour blackouts which could be held in parts of the UK this winter in a bid to protect the network.
The National Grid's Electricity System Operator’s (ESO) said in the face of a “challenging” winter facing European energy supplies following Russia’s invasion of Ukraine, they are also planning for what would happen if there were no imports of electricity from Europe and insufficient gas supplies.
The National Grid warned that in the “unlikely event” that the company fails to secure gas supplies, consumers could face a situation where they are left without power for “pre-defined periods” during the day, in a effort to “ensure the overall security and integrity of the electricity system across Great Britain”.
However, the company stated the cuts would only take place if the electricity imports from Europe were reduced and there were also insufficient gas supplies for power stations.
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