BRITS can slash their energy bill by £145 after making one simple change - it comes as household bills are set to rise in days. The change is as easy as rotating a dial or pushing a button and could be barely noticed by your household. Advertisement 3 One easy trick could slash your power bill Credit: Alamy 3 Power bills are likely to rise 1.
2 per cent as the cap lifts Credit: Alamy Lowering your thermostat by one degree could slash your bill over the course of a year as your home uses less energy. Homes are normally heated to around 22C or 21C - and cutting this by just one degree could make a big difference to your wallet, but not your comfort. Brits could save £145 over the course of 2025, power supplier Octopus Energy believes.
Doing the change now could save your family some much needed cash with household power costs set to increase 1.2 per cent this month as regulator Ofgem raises the price cap. Advertisement Read more on money ENERGY FAIL Map reveals 140 areas at risk of power cuts this weekend ahead of cold weather PAYBACK Santander issues warning to thousands of customers after they were paid TWICE The new January price cap will add another £21 to annual bills for homes in England, Scotland and Wales, rising from £1,717 to £1,738 per year.
That 1.2 per cent rise is being slapped on top of a 10 per cent rise in October. The cap is expected to rise again in April.
Ofgem changes the price cap for households every three months based on the cost of energy on wholesa.
