Connect with us

Money

‘Stock up now’ warning to anyone sending cards this Christmas ahead of major price change in HOURS

Published

on

'Stock up now' warning to anyone sending cards this Christmas ahead of major price change in HOURS

BRITS planning to send Christmas cards have been warned to stock up ahead of a major price change in just hours.

Royal Mail has confirmed first-class stamps will go up in price tomorrow.

Brits planning to send Christmas cards have been warned of a major price change

2

Brits planning to send Christmas cards have been warned of a major price changeCredit: Alamy
Martin Lewis said you should stock up on stamps now

2

Advertisement
Martin Lewis said you should stock up on stamps nowCredit: Rex

The stamps will rise for standard letters by 30p from £1.35 to £1.65 – the second hike in a year and a 22% increase.

First-class stamps for large letters will go up from £2.10 to £2.60 – a 24% rise.

However, you can beat the hike somewhat by stocking up on stamps now so you don’t need to buy new ones come Christmas.

Martin Lewis previously said: “For years, every time stamps go up in price I’ve suggested people stock up and bulk-buy in advance.

Advertisement

“Provided the stamp doesn’t have a price on it and instead just says the postage class, it’s still valid after the hike.

“So you may as well stock up now, even if it’s just for Christmas cards for the next few Christmases.”

Royal Mail said it had tried to keep any price hikes on stamps as low as possible in the face of inflation and slumping demand.

It also cited the costs associated with maintaining the Universal Service Obligation for deliveries six days a week.

Advertisement

But Ofcom said Royal Mail could be allowed to drop Saturday deliveries for second class letters under an overhaul of the service.

Martin Lewis energy warning

Under plans being considered, second class deliveries would not be made on Saturdays and would only be on alternate weekdays.

But delivery times would remain unchanged at up to three working days.

Ofcom said no decision had been made and it continues to review the changes.

Advertisement

The regulator aims to publish a consultation in early 2025 and make a decision in the summer of next year.

Royal Mail has urged the Government and Ofcom to review its obligations.

The firm argues that it is no longer workable or cost-effective, given the decline in number of letter volumes being posted.

The delivery giant has previously said volumes have fallen from 20billion in 2004/5 to around 6.7billion in 2023/4.

Advertisement

The average household now receives four letters a week compared to 14 a decade ago.

What is rising?

Royal Mail previously raised the price of first class stamps from £1.10 to £1.25 last October, before hiking them again in April.

Right now, a first class stamp costs £1.35, which covers the delivery of letters up to 100g.

Historically, the cost of stamps has steadily increased over the years, reflecting inflation and operational costs. For example, in 2000, a First Class stamp was priced at 41p.

Advertisement

A second class stamp is currently priced at 85p and also covers letters up to 100g. The cost of second-class stamps isn’t rising from October 7.

The stamps can be bought individually if you buy it at a Post Office counter.

Otherwise, you can typically buy them in sets of multiple stamps.

The first class service typically delivers your post the next working day, including Saturdays, while the second class service usually delivers within 2-3 working days, also including Saturdays.

Advertisement

For larger letters, the cost of a first class stamp is £2.10 for items up to 100g, and a second class stamp for the same weight is £1.55.

Parcel delivery prices vary based on size and weight, starting from £3.69 for small parcels.

Additional services include the “signed for” option, which requires a signature upon delivery and adds an extra level of security.

The cost for first class signed for is £3.05, and for second class Signed for, it is £2.55.

Advertisement

The “special delivery” service guarantees next-day delivery by 1pm with compensation cover, with prices starting from £7.95.

Royal Mail periodically reviews and adjusts stamp prices, so it is advisable to check the latest rates on their official website or at your local Post Office.

How are postage prices decided?

Royal Mail typically increases the price of stamps annually and this year the price rose in April.

Advertisement

Normally, it gives customers advance warning of around a month before pushing up prices.

This year the hike was announced in March.

Royal Mail said it is hiking the price of postage due to the decline in the number of people sending letters.

It blamed rising inflation for the increase too.

Advertisement

It also cited the costs associated with maintaining the so-called Universal Service Obligation (USO) under which deliveries have to be made six days a week.

Source link

Continue Reading
Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Money

Bargain supermarket with over 300 branches closes store for GOOD today – with shoppers left disappointed

Published

on

Bargain supermarket with over 300 branches closes store for GOOD today - with shoppers left disappointed

A BARGAIN supermarket has closed its doors for good, as residents mourn the loss to their local highstreet.

The branch is part of a major chain with more than 300 stores across the nation.

Supermarket chain Farmfoods has closed a branch in south London

2

Supermarket chain Farmfoods has closed a branch in south LondonCredit: Getty
The Sutton branch closed its doors on October 5

2

Advertisement
The Sutton branch closed its doors on October 5Credit: Getty

Farmfoods sells frozen food and fresh groceries at bargain prices.

The closure of the Sutton branch in south London was announced last month, with the supermarket finally shutting up shop yesterday (October 5).

It was prompted by the landlord’s decision to redevelop the site, according to MyLondon.

After news broke of the closure, locals took to a residents’ Facebook group to voice their disappointment.

Advertisement

One wrote: “That’s really sad, I love Farmfoods, soon there shall be no shops left in Sutton.”

Another praised the branch, saying it was a “useful shop, especially in COVID times”.

Others were unhappy about yet another loss to Sutton highstreet.

One said: “Sutton could end up a dormitory town as Crawley was, no services, or many shops in town, but plenty of places to live and good transport to get to and from it.”

Advertisement

Another echoed: “Another one gone.”

A third wrote :”There will be nothing left except for flats. No shops anywhere.”

Proud mum nabs a freezer full of food for just £12, but trolls say it’s ‘rubbish’ they ‘wouldn’t feed to their dogs’

However, the chain does have plans to reopen the site at some point in the future, according to a spokesperson.

Property Director Alistair Kay said: “The closure is due to our landlord intending to redevelop the land the building sits on. No other Farmfoods shops are affected.

Advertisement

“We’re grateful to all our customers for their loyalty shopping with us at the site over the years and will continue to look for suitable opportunities to reopen in Sutton in future.”

Before the closure, the supermarket launched a huge closing down sale – with 50% off all stock.

Why are retailers closing stores?

RETAILERS have been feeling the squeeze since the pandemic, while shoppers are cutting back on spending due to the soaring cost of living crisis.

Advertisement

High energy costs and a move to shopping online after the pandemic are also taking a toll, and many high street shops have struggled to keep going.

The high street has seen a whole raft of closures over the past year, and more are coming.

The number of jobs lost in British retail dropped last year, but 120,000 people still lost their employment, figures have suggested.

Figures from the Centre for Retail Research revealed that 10,494 shops closed for the last time during 2023, and 119,405 jobs were lost in the sector.

Advertisement

It was fewer shops than had been lost for several years, and a reduction from 151,641 jobs lost in 2022.

The centre’s director, Professor Joshua Bamfield, said the improvement is “less bad” than good.

Although there were some big-name losses from the high street, including Wilko, many large companies had already gone bust before 2022, the centre said, such as Topshop owner Arcadia, Jessops and Debenhams.

“The cost-of-living crisis, inflation and increases in interest rates have led many consumers to tighten their belts, reducing retail spend,” Prof Bamfield said.

Advertisement

“Retailers themselves have suffered increasing energy and occupancy costs, staff shortages and falling demand that have made rebuilding profits after extensive store closures during the pandemic exceptionally difficult.”

Alongside Wilko, which employed around 12,000 people when it collapsed, 2023’s biggest failures included Paperchase, Cath Kidston, Planet Organic and Tile Giant.

The Centre for Retail Research said most stores were closed because companies were trying to reorganise and cut costs rather than the business failing.

However, experts have warned there will likely be more failures this year as consumers keep their belts tight and borrowing costs soar for businesses.

Advertisement

The Body Shop and Ted Baker are the biggest names to have already collapsed into administration this year.

Source link

Continue Reading

Money

‘I love these’ cry shoppers as they spot M&S treat which has made a return for holidays

Published

on

‘I love these’ cry shoppers as they spot M&S treat which has made a return for holidays

M&S customers are delighted after spotting a classic treat which has made a reappearance on supermarket shelves for the holidays.

Eagle-eyed shoppers noticed Halloween Colin the Caterpillars Chocolate Sponge Mini Rolls are once again being stocked across the retailer’s stores.

Halloween Colin the Caterpillars are back in stock and M&S

1

Halloween Colin the Caterpillars are back in stock and M&SCredit: FACEBOOK

Shoppers could not contain their excitement after spotting the chocolate snack was back in store.

Advertisement

Commenting on a social media post, one said: “I love these”.

While another said: “Omg I need.”

Meanwhile, a third said: “These are what I want.”

The treat, which is a festive take on the classic caterpillar cake, has been rolled out ahead of Halloween on October 30.

Advertisement

The mini chocolate sponge rolls are filled with red-coloured white chocolate buttercream.

To celebrate the spooky holiday, the cakes are covered in milk chocolate and decorated to look like a mummy.

The product retails for £3.75 and contains five mini cakes inside each packet.

However, it is a limited edition product, meaning once Halloween is over shoppers will no longer be able to buy it.

Advertisement

M&S’s range of Colin and Connie Caterpillar sweets and cakes has become a fan-favourite amongst shoppers.

Chocolate fans rushing to buy Tony’s Chocolonely dupe from major supermarket

But back in August, the retailer confirmed it had axed some of the treats from the range as part of a product relaunch.

Over the summer, M&S scrapped its Colin and Connie “Together Forever” sweets, leading one fan to comment online: “Sad that Colin and Connie are no longer Together Forever”.

At the time a spokeswoman said: “Our Connie and Colin sweets were discontinued in July 2024 as part of our confectionery relaunch, however within this relaunch we have a brand new product, Colin Party Time, bursting with six flavours in party theme shapes. 

Advertisement

“We also have a full range of Colin sweets including our Colin Softies and Colin Fruit Gums.

She added: “Colin is the original caterpillar character, so he is always going to show up more throughout our confectionery and bakery ranges. “

M&S also confirmed that it is quietly axing the Colin The Caterpillar Fizzy Rainbow sweets.

The sweets were rainbow in colour with a sour sugary coating.

Advertisement

Thankfully, it is not all doom and gloom for M&S shoppers as the retailer confirmed it will bring back an iconic drink this Christmas.

The supermarket’s original snow globe gin liqueur will make a return for the holidays after a hiatus.

Previously, the gin came in two flavours – Clementine and Spiced Sugar Plum – but this year, only the Clementine one will be sold.

Due to the drink’s popularity, back in 2020 customers were given a limit and told they could only buy two at a time.

Advertisement

M&S didn’t sell the liqueur last year, but it is now bringing the iconic drink back.

Why are products axed or recipes changed?

ANALYSIS by chief consumer reporter James Flanders.

Food and drinks makers have been known to tweak their recipes or axe items altogether.

They often say that this is down to the changing tastes of customers.

Advertisement

There are several reasons why this could be done.

For example, government regulation, like the “sugar tax,” forces firms to change their recipes.

Some manufacturers might choose to tweak ingredients to cut costs.

They may opt for a cheaper alternative, especially when costs are rising to keep prices stable.

Advertisement

For example, Tango Cherry disappeared from shelves in 2018.

It has recently returned after six years away but as a sugar-free version.

Fanta removed sweetener from its sugar-free alternative earlier this year.

Suntory tweaked the flavour of its flagship Lucozade Original and Orange energy drinks.

Advertisement

While the amount of sugar in every bottle remains unchanged, the supplier swapped out the sweetener aspartame for sucralose.

Source link

Continue Reading

Money

People on State Pension and benefits due one-off payment before end of year – here is how much you will get

Published

on

People on State Pension and benefits due one-off payment before end of year - here is how much you will get

HOUSEHOLDS claiming the State Pension and other benefits should be aware of a one-off payment due before the end of the year.

The Department for Work and Pensions Christmas Bonus is a one-off tax-free payment which is paid before December 25.

The Department for Work and Pensions will give out Christmas bonuses to those on benefits.

1

The Department for Work and Pensions will give out Christmas bonuses to those on benefits.Credit: Getty

If you meet the eligiblity criteria the cash bonus is usually paid directly into your account meaning you do not need to apply.

Advertisement

The money should go into your usual account and might show up as ‘DWP XB’ on your statement.

To qualify for the bonus you must be a resident of UK, Channel Islands, Isle of Man or Gibraltar during the qualifying week.

This is usually the first full week of December.

You must also be claiming one of the following benefits:

Advertisement
  • Adult Disability Payment
  • Armed Forces Independence Payment
  • Attendance Allowance
  • Carer’s Allowance
  • Carer Support Payment
  • Child Disability Payment
  • Constant Attendance Allowance (paid under Industrial Injuries or War Pensions schemes)
  • Contribution-based Employment and Support Allowance (once the main phase of the benefit is entered after the first 13 weeks of claim)
  • Disability Living Allowance
  • Incapacity Benefit at the long-term rate
  • Industrial Death Benefit (for widows or widowers)
  • Mobility Supplement
  • Pension Credit – the guarantee element
  • Personal Independence Payment (PIP)
  • State Pension (including Graduated Retirement Benefit)
  • Severe Disablement Allowance (transitionally protected)
  • Unemployability Supplement or Allowance (paid under Industrial Injuries or War Pensions schemes)
  • War Disablement Pension at State Pension age
  • War Widow’s Pension
  • Widowed Mother’s Allowance
  • Widowed Parent’s Allowance
  • Widow’s Pension

However, the DWP State Retirement Age but have not claimed your state pension, for instance, because you are deferring it, then you won’t get the free cash.

How much will you get?

If you meet the criteria then the DWP will pay you £10 this Christmas.

It is not exactly clear when the money will appear, but the DWP does say that if you think you should get it and the money hasn’t come through by January 1, you must contact your local Jobcentre Plus office.

If you are over retirement age then you should contact the Pension Service.

Three key benefits that YOU could be missing out on, and one even gives you a free TV Licence

It is also worth noting that payment is calculated per individual, which means that if more than one adult in the household is eligible, they’ll each get a £10 payment.

Advertisement

Even if your partner or civil partner does not get one of the qualifying benefits, they may still get the Christmas Bonus if they reach state pension age by the end of the qualifying week.

However, you must be entitled to an increase of a qualifying benefit for your partner or civil partner, or the only qualifying benefit you’re getting must be Pension Credit.

How to check your eligibility?

For those who are unsure if they can get access to the bonus, you can use an online benefits calculator.

These are free-to-use online tools which can be accessed at a number of websites.

Advertisement

For example, charity Turn2Us’ has a benefits calculator that works out what you could get.

History of the Christmas bonus

THE Christmas bonus was first introduced in 1972.

Initially set at £10, the bonus was intended to help with the additional costs that come with Christmas, such as gifts and festive meals.

Advertisement

Despite inflation and the rising cost of living over the decades, the amount of the Christmas bonus has remained unchanged since its inception.

If the payment had risen in line with inflation, it would now be worth a bumper £114.95 – enough to cover the cost of a big shop for the family.

While the value of £10 has significantly diminished over the years, the Christmas Bonus continues to be a small but welcome addition to many people’s incomes during the holiday period.

Entitledto also has a free calculator that determines whether you qualify for various benefits, including tax credits and Universal Credit.

Advertisement

You can also use Policy in Practice’s calculator to determine which benefits you could receive and how much cash you’ll have left over each month after paying for housing costs.

Your exact entitlement will only be clear when you make a claim, but calculators can indicate what you might be eligible for.

If you do not want to use an online calculator there are other options available.

For example, you can also check with a local benefits adviser to find out what you could be entitled to.

Advertisement

The website advicelocal.uk lets you enter your post code and informs you of your nearest adviser and how you can contact them.

For example if you enter on the website that you live in Wandsworth, London it will give you the details of the nearest support in the area.

In this instance, it was the borough’s local Age UK and Citizens Advice.

You should be aware that many organisations do not offer an open-door service.

Advertisement

If you are planning to contact an organisation for help or advice you might want to check their website for more information before doing so.

Source link

Continue Reading

Money

How to reduce your TV licence bill to nothing and save £169

Published

on

How to reduce your TV licence bill to nothing and save £169

YOUR TV licence is a legal permit that allows you to watch live television and some online streaming services in the UK.

Anyone who wants to watch live TV, including the BBCITV and Sky, must pay for a TV licence.

You can be find if you are found to be watching live TV without the permit.

1

You can be find if you are found to be watching live TV without the permit.Credit: PA

The Government is responsible for setting the level of the licence fee.

Advertisement

Last December it was announced that the government would raise the licence fee by 6.7%, in line with inflation, taking effect from April 2024.

This has brought the cost of a colour licence fee to £169.50 per year and a black and white licence fee to £57 per year.

It is a criminal offence to watch live TV without a licence and enforcement officers can carry out checks at your house if you do not pay.

This can lead to fines of up to £1,000 and if you dodge the fee you could face prosecution.

Advertisement

However, the rise in streaming services has meant it can be confusing for some households to figure out if they have to pay for a license or not.

You must have a TV licence to do the following:

  • Watch or record live TV on any channel or service, such as Channel 4, ITV, BBC, SKY, Virgin or Freeview
  • Use BBC iPlayer
  • Watch live TV on any streaming service including Amazon Prime, ITV X, Channel 4 or YouTube.

You do not need a TV Licence to watch:

  • Streaming services like Netflix and Disney Plus
  • On-demand TV through services like Amazon Prime Video
  • Videos on websites like YouTube
  • Videos or DVDs
‘Don’t get scammed’, warns money saving expert as con artists use TV licence rise to dupe Brits

However, if you are watching on-demand programmes on websites such as Amazon Prime and then switch over to a live programme the site is streaming you must have a license to do this.

It is worth noting that TV licences are per house not per person, meaning the £169.50 fee can be split between a household of multiple people.

However, this changes if you have separate tenancy agreements and you watch TV in your own room.

Advertisement

For example, if you live in a shared house and you watch TV in your bedroom and your housemate does not, then you will need your own license.

You can have one TV licence for the whole household if you either watch TV in a single shared area or have a joint tenancy agreement.

So, if you are confident that you will not be watching any live content from your home you do not have to pay a TV licence.

But it is worth being aware of the possible fines and charges if you change your mind.

Advertisement

If you are already paying for a licence you can cancel it and may also be eligible for a refund.

You can do this by visiting https://forms.tvlicensing.co.uk/.

Can you get a discount on your TV licence?

You can claim a free TV licence if you’re 75 or older and either receive Pension Credit yourself or live with a partner who gets Pension Credit.

You can apply for a free licence when you’re 74, but will still have to pay until the end of the month before your 75th birthday.

Advertisement

You can apply for your free licence online or by calling 0300 790 6071.

You could also be eligible for a discounted TV licence if you live in residential care or sheltered accommodation, or if you’re registered blind.

If you live in sheltered accommodation or residential care and are over 60 or disabled you can get a licence for just £7.50.

Your housing manager should be able to check if you’re eligible and will apply for you.

Advertisement

If you’re registered blind, or live with someone who is, you’re in line for a 50% discount.

The licence must be in the name if the person registered blind, but if your existing licence is not in their name you can make an application to transfer it.

You can apply for the discount on the TV Licensing website.

TV LICENCE NEED-TO-KNOWS

Advertisement

IF you want to watch or record live TV, you need a TV licence.

Live TV includes all programmes on any channel, including soaps, series, documentaries and even movies.

The rules apply even if you don’t watch the shows on an actual TV – for example, if you watch programmes that are being broadcast live on a PC, laptop, tablet or phone.

A colour TV licence currently costs £169.50 a year. A licence for watching a black and white TV costs £57.

Advertisement

You can legally use on-demand TV services (apart from BBC iPlayer) as long as you aren’t using them to stream live TV without a TV licence.

This includes streaming catch-up content on ITV Player, All 4, My5, BT Vision/BT TV, Virgin Media, Sky Go, Now TV, Apple TV, Chromecast, Roku and Amazon Fire TV.

You also don’t need a TV licence to watch video clips that aren’t live through services such as YouTube.

Source link

Advertisement
Continue Reading

Money

DWP to pay state pensioners £300 Winter Fuel Payment even if they don’t claim Pension Credit

Published

on

DWP to pay state pensioners £300 Winter Fuel Payment even if they don't claim Pension Credit

THOUSANDS of households could still be eligible for the £300 Winter Fuel Payment even if they do not claim Pension Credit.

The Winter Fuel Payment is a state benefit paid once a year to pensioners to help cover the cost of heating during colder months.

Thousands could still be eligible for the Winter Fuel Payment even if they don't claim pension credit.

1

Thousands could still be eligible for the Winter Fuel Payment even if they don’t claim pension credit.Credit: Getty

The handout was previously available to everyone aged above 66 and helped with high energy bills.

Advertisement

But Chancellor Rachel Reeves revealed earlier this year the cash would only be given to retirees on pension credit, or other means-tested benefits.

To meet the criteria for Pension Credit you must have a weekly income which falls below around £218 if you are single.

If you live with a partner and you are both state pension age then your weekly income must fall below around £350.

It is thought around 800,000 pensioners meet the criteria for pension credit and have not applied.

Advertisement

So it is always worth checking your eligibility to see if you have a chance.

However, the top-up is not the only way to qualify for the Winter Fuel Payment.

For example, older Brtis who are living in a different country can still get the £300 cash boost.

This is because of a loophole in the Brexit Withdrawal Agreement, which sets out the rights of British expats living in European countries.

Advertisement

Citizens who meet the criteria can claim a Winter Fuel Payment (WFP) if they move to an eligible country before December 31, 2020.

The Sun launches our Winter Fuel SOS campaign

To be eligible, citizens must also:

  • Have been born before September 23, 1958
  • Be receiving a benefit paid by the UK, such as a State Pension
  • Have a genuine and sufficient link to the UK, such as having lived or worked in the UK, or having family in the UK
  • Receive a qualifying means-tested benefit from the country they live in

You will need to claim Winter Fuel Payment even if you have got it before. The payment is not made automatically when you live abroad.

The eligible countries you can live in and claim are:

  • Austria
  • Belgium
  • Bulgaria
  • Croatia
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • Germany
  • Hungary
  • Iceland
  • Ireland
  • Italy
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Netherlands
  • Norway
  • Poland
  • Romania
  • Slovakia
  • Slovenia
  • Sweden
  • Switzerland

If you live abroad and want to apply for the Winter Fuel Payment you can find out more about submitting your application by clicking the link here.

Other ways to meet the criteria

A partner below the state pension age may also be eligible for the £300 payment if they live with a partner who is over state pension age and they jointly claim benefits. These include:

Advertisement
  • Universal Credit
  • income-related Employment and Support Allowance (ESA)
  • income-based Jobseeker’s Allowance (JSA)
  • Income Support
  • Child Tax Credit
  • Working Tax Credit

So for example, if you are 65 and your partner is 66 and you both claim benefits, your partner will be eligible for the Winter Fuel Payment.

If you do not have a partner and still claim any of the above benefits you could still be entitled to the Winter Fuel Payment.

If you want to check your eligibility then it is worth checking out our article here.

You can also find free-to-use online benefits calculators to work out what you’re entitled to.

For example, Age UK has an online calculator which helps you work out what benefits you could be entitled to including the Winter Fuel Payment and Pension Credit.

Advertisement

According to the site, it takes 10 minutes to complete and you will need the following information:

  • Your savings
  • Your income, including your partner’s if you have one
  • Any benefits or pensions you’re already claiming, including anyone you’re living with.

The calculator is free to use and confidential.

Help at hand

The Sun has launched a ­Winter Fuel SOS campaign to help thousands of pensioners worried about their energy bills.

We want to hear from you by phone or email — and it’s fine if you are calling or messaging on behalf of a friend or relative.

Our panel includes former ­pensions minister Sir Steve Webb, pensions expert Baroness Ros ­Altmann and consumer champion Martyn James.

Advertisement

They will be joined by The Sun’s Head of Consumer Tara Evans and Sun Savers Editor Lana ­Clements.

And even if you aren’t eligible for the payment, our team will be ­sharing tips on how to switch energy providers and save money, get help if you’re in debt or simply need to save this winter.

Your cases will be considered by our panel, who will aim to give you advice within one week of your call or email.

Source link

Advertisement
Continue Reading

Money

Four common thermostat errors that can add at least £553 to bills – and how to avoid them

Published

on

Four common thermostat errors that can add at least £553 to bills - and how to avoid them

HOUSEHOLDS will start to guzzle through more energy as temperatures drop and the heating goes on but easy mistakes with the thermostat will cost you.

The cost of warming and powering homes is rising with the energy price cap leaping 10% from £1,568 to £1,717 on October 1.

Falling temperatures mean more of us will be putting the heating on

1

Falling temperatures mean more of us will be putting the heating onCredit: Getty Images – Getty

However, the exact amount you’ll pay for your energy bill depends on how much you use.

Advertisement

It means that it’s more important to make sure you are being as efficient as possible with energy.

Heating your home is one of the biggest costs of energy bills over the colder months.

Thermostats control the temperature of your home by linking to your boiler.

Read more on energy bills

The heating is triggered to come on when the temperature dips below that set on the thermostat.

Advertisement

It’s not surprising that people try many different tricks to try make their home warmer for less.

However, there are some common mistakes that people make with the thermostat that piles the pounds on to annual bills.

Turning up the thermostat to get warm faster – £343

When you come home and it’s freezing cold outside, you just want your pad to be instantly toasty.

Turning up the dial on the thermostat can seem like a good way to hurry things along – but sadly that’s not how it works.

Advertisement

Nancy Emery, heating expert at online retailer Tap Warehouse, says: “A thermostat works as a limiter and not an accelerator, so turning it up in a bid to quickly heat your home won’t work…

“By turning your thermostat up, you’re essentially asking your heating to reach a higher temperature which could take longer, around an hour or so per degree increase.

“This just means your home will reach its optimal temperature in a set amount of time, and then go beyond costing you more money on your energy bills in the process. “

Martin Lewis issues urgent warning for millions of households set to miss out on up to £600 energy bill help this winter

Setting the thermostat higher than needed means you are more likely to let the home overheat which will hammer your bills.

Advertisement

It’s estimated that you can save around 10% off your bill with every one degree the heating is turned down, according to the Energy Saving Trust.

The average fuel bill is now going to stand at £1,717 from October 1 meaning that if you crank the heating even two degrees higher and forget to put it back down you could add an extra £343 to your bill.

Nancy adds: “With the worry of the new energy price cap that’s looming, the best thing to do is to maintain your thermostat at a regular temperature to help keep costs down.”

Leaving your heating on low all day£150

There is a belief that leaving your heating on low all day is cheaper than having it on for a few hours in the evening or morning at a higher temperature.

Advertisement

The Energy Saving Trust says that if you have a boiler, this isn’t true.

You will use more energy, which will ultimately cost you more money.

It’s more energy efficient, and better for your bills, to have your boiler come on when you need it.

With the average cost of gas central heating is around £1.68 an hour, according to Check-a-trade.com.

Advertisement

If you have the heating on for just one extra hour a day over a month that will cost you an extra £50.

And if you were to do it every day during the coldest months December to February, you’re looking at a total added £150.

However, there is an exception to this rule and that is if you have a heat pump.

The Energy Saving Trust says that it can be more beneficial to run a heat pump all day.

Advertisement

Drying clothes on radiators – £60

Many people try to make the most of having the heating on by drying clothes on radiators.

However, this can trick your thermostat into having the heating on for longer.

This is because when you put clothes on the radiator it blocks the heat coming out making it take longer for the room to reach the desired degree.

The heating will stay on until rooms reach the set temperature.

Advertisement

It means that if you have the heating on for an extra hour at £1.68 three times a week over 12 weeks when the weather is cold, you’re looking at around an extra £60 added to your bill.

As well as clothes, furniture can block heat from circulating in a room. So make sure there is plenty of space between radiators and sofas or beds, for example.

Putting your thermostat in the wrong place – £hundreds

If your thermostat is in the wrong place you could end up paying hundreds of pounds more in energy bills.

Thermostats monitor when your home has reached the temperature you want, and can be used to turn the heating up or down.

Advertisement

But if the thermostat is in a colder part of the house, it could be reporting that the temperature is lower than it really is in the rest of the home.

This means your heating is working harder than necessary.

You can read more about how that affects your bills here.

More ways to save on heating your home

It’s not just the thermostat that dictates the cost of heating.

Advertisement

There are lots of things you can do to help keep your home warm on a budget.

Putting reflective foil behind your radiator helps to reflect heat back into the room. You can get special packs fro around £10 or even using regular aluminium foil can help.

Check your radiators for any cold patches and bleed them if so. This will will help rooms heat evenly and efficiently and avoid overworking your boiler.

Give your radiators a good dust so that heat can move freely through the room.

Advertisement

Use thermostatic valves to control the heating in each room of your home.

In spare bedrooms or lesser used rooms, turn the heating right down or off to avoid heating spaces with no one in.

Turning down your boiler’s flow temperature can also help cut bills.

Reducing draughts will also help your home to stop losing heat keeping it much toastier – draught excluders cost from around £5 and will help stop cooler air entering through gaps and crevices.

Advertisement

What energy bill help is available?

THERE’S a number of different ways to get help paying your energy bills if you’re struggling to get by.

If you fall into debt, you can always approach your supplier to see if they can put you on a repayment plan before putting you on a prepayment meter.

This involves paying off what you owe in instalments over a set period.

Advertisement

If your supplier offers you a repayment plan you don’t think you can afford, speak to them again to see if you can negotiate a better deal.

Several energy firms have grant schemes available to customers struggling to cover their bills.

But eligibility criteria varies depending on the supplier and the amount you can get depends on your financial circumstances.

For example, British Gas or Scottish Gas customers struggling to pay their energy bills can get grants worth up to £2,000.

Advertisement

British Gas also offers help via its British Gas Energy Trust and Individuals Family Fund.

You don’t need to be a British Gas customer to apply for the second fund.

EDF, E.ON, Octopus Energy and Scottish Power all offer grants to struggling customers too.

Thousands of vulnerable households are missing out on extra help and protections by not signing up to the Priority Services Register (PSR).

Advertisement

The service helps support vulnerable households, such as those who are elderly or ill, and some of the perks include being given advance warning of blackouts, free gas safety checks and extra support if you’re struggling.

Get in touch with your energy firm to see if you can apply.

Source link

Advertisement
Continue Reading

Trending

Copyright © 2024 WordupNews.com