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The price of energy is on everybody's mind; it is an essential outgoing and for those who are struggling to pay their spiralling energy bills life can become very challenging. In a technology driven society we all rely on how energy is costed and sometimes it can feel that matters are beyond our control. Whether you are a homeowner trying to save money for an upcoming purchase or a small business owner trying to reduce overheads, take a look at these money saving tips adapted from Which? consumer magazine.

 

1. Switch supplier to save on energy bills

If you haven't switched your energy supplier in the last three years, there's a good chance you could save money. According to Which? people who changed their gas and electricity supplier saved an average of £141 a year.

2. Free energy help: save £250

The Energy Saving Trust has a free home energy check that will help you find out where to make energy-efficiency improvements and how much you might save.

3. Get an energy monitor

An energy monitor is a simple handheld gadget that estimates in real time how much energy you're using, so you can see where to cut back.

4. Turn down your thermostat: save £65

Reducing room temperatures by just 1ºC can cut heating bills by around £65 a year. Turning down  radiators in rarely-used or empty rooms and programming your heating to turn off when you're not there will also save money.

5. Replace light bulbs: save £60

Energy-saving light bulbs can help you cut your energy bills easily. If you replace all the light bulbs in your house with energy-saving ones, you could save about £60 a year.

6. Cut draughts: save £75

Stopping heat from escaping through unwanted gaps could help you save around £75 a year.

Windows - use draught-proofing strips around the frame, brush strips work better for sash windows.

Doors - use draught-proofing strips for gaps around the edges and brush or hinged-flap draught excluders on the bottom of doors.

Chimney and fireplace - if you don't use your fireplace, use an inflatable cushion to block the chimney or fit a cap over the chimney pot.

Floorboards and skirting - as floorboards need to move, use a flexible silicon-based filler to fill the gaps.

Loft hatches - the use of draught-proofing strips will help to prevent hot air escaping.

7. Choose cheaper-to-run gadgets: save up to £93

If you're replacing an appliance, you can cut your electricity bills by choosing the most energy-efficient model you can.

8. Get a new boiler: save as much as £310 a year

Replacing an old gas boiler with a new condensing model could trim money off your bills. But a new boiler is expensive, with installation costing around £2,500 - so if saving money is your priority, it's probably not worth replacing yours until it's beyond economic repair.

9. Insulate your home: save up to £320

Insulating both your loft and cavity walls can save you up to £320, and there are currently a number or free insulation deals to help you pay for it.

10. See if you're eligible for free cash

Half-price cavity wall insulation, money towards installing solar panels and grants for buying a new boiler are just some of the schemes currently on offer to help you save money on energy, for less.

*2,210 UK adults were interviewed by telephone between 24 November and 2nd December 2012

Whether you are starting up a new business venture, looking at buying premises, taking on a commercial lease or developing a new business strategy Blair Cadell will be able to assist you. We deliver Big Firm Service at a Competitive Small Firm cost.

(original image: paul kitchener/FlickrCC)