It is challenging to forecast the expected cost of gasoline due to their frequent fluctuations. Depending on your energy consumption habits, your bills may be higher or lower, and the energy tariffs you subscribe to also play a role. If your tariff is variable, the charge will vary depending on the gas and electricity market prices and your chosen service provider. Additionally, “How much power does the average person use every day?” is an important question to consider when examining energy usage and its potential impact on your bills.
Avoiding paying too much for energy in an unpredictable energy market is important. You can easily calculate your energy bills with a clear overview of energy consumption and typical costs. We’ll discuss average costs and practical steps you can take to reduce energy use and costs.
What Is the Average Electricity Consumption Per Day?
Since every home is different, providing an exact figure for every household’s daily energy consumption is absolutely impossible. However, according to Ofgem’s data, the average UK household of 2-3 people uses the following:
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- Per day: 8kWh of electricity and 33kWh of gas
- Per month: 242 kWh of electricity and 1000 kWh of gas
- Per year: A total of 2900 kWh of electricity and 12,000 kWh of gas
The business costs and consumption figures will vary from domestic consumption and costs. To find out how much business gas and electricity costs, click here for more information.
How Energy Bills Are Calculated
Gas and electricity bills can be affected by several factors. These include your area, as unit prices and fixed charges vary by location. Your energy supplier will also charge you differently, and the type of tariff you use can affect your bill. Variable rates are usually more expensive than fixed rates. In addition, the energy consumed is directly related to the amount paid.
Estimated bills are calculated using the estimates of average energy consumption. To figure out the costs, multiply the kWh used by the current average unit prices (this rate will be listed on your energy bill) and then add the current average standing charges (this amount is charged daily).
Ofgem’s example of how to calculate the cost per day in 2022 was as follows:
- A standing charge of 29.11p per day is added to the gas rate of 10.31p per kWh.
- Electricity is priced at 33p/21p per kWh with a 52p/97p daily standing charge.
What Affects My Gas and Electric Bills?
Your location, house size, the occupant count, the age of your home, and even boiler efficiency are just a few things that impact your energy bill. According to location and energy suppliers, energy prices vary throughout the UK.
Remember that larger homes use more heat and electricity than one or two bedroom homes, and the more people using the hot water and electricity, the higher your bill will be.
Better insulation and more energy-efficient electricity use are typical features of newer construction. A less energy-efficient boiler could lower energy costs, a cost-effective alternative. An outdated boiler may also cause your energy costs to rise.
3 Practical Tips to Reduce Energy Consumption
Reducing your energy costs right away does not require you to buy energy-efficient products immediately. Starting small, like turning off lights and appliances that aren’t in use, can help you save energy effectively. Reducing your water use is a great way to start cutting costs.
Here are three practical ways:
1. Reduce Water Heating Costs
An enormous amount of energy is used to heat water. Did you know that heating water for showers, baths, and tap water makes up about 53 percent of the annual energy bill and costs an average of £228 annually? According to the Energy Saving Trust, every domestic home in the UK uses approximately 350 litres of water per day.
Investing in an energy-efficient water heater or employing one of the following three ways will lower your water heating costs.
- Use less hot water to reduce your energy costs.
- Another choice is to lower the water heater’s thermostat.
- Insulate the first six feet of both your hot and cold water pipes and water heater to save energy and lower the costs.
2. Consider Solar Water Heating Systems
An expensive option is solar water heating systems that save you money in the long run. Unlike solar panels that convert sunlight into electricity, solar thermal panels can use sunlight to heat water. This system combines a solar thermal tube/panel with a hot water or immersion heater. It is a great alternative to traditional solar panels.
If your home uses natural gas heating, including a solar water heater in your system can lead to annual savings of approximately £40 to £60. For those who rely on other forms of heating, implementing a solar water heater may result in heating cost savings of around £50 to £100 per year.
3. Bleed Your Home’s Radiators When Necessary
If you bleed your radiators, your home will become warmer, and you will spend less on energy bills. Bleeding the radiators can make your home heating system more functional and cost-effective.
Your heating system becomes more effective, and the pressure is reduced as air pockets are removed. You can maintain a lower heating setting while remaining cosy. Your radiators need to be bled if they feel relaxed when turned on because trapped air can cause excess heat to be released.
Final Thoughts
Despite having lower energy consumption compared to other parts of the world, fluctuating UK market prices can result in high energy bills and bills. It is essential to implement energy-saving measures to reduce costs and consumption. You can find more tips, advice and news on saving energy at http://warrington-worldwide.co.uk.
