Tax costs and inflation to hit Britons in early 2022 – how to prepare and lower your bills

Energy will likely be among the largest costs to worry about for consumers over the coming months.

Martin Lewis recently warned Ofgem’s price cap could rise to £1,660 per year on typical usage in April 2022. However, other analysts warned it could jump to over £1,800, a rise of around 40 percent.

Martin warned: “It’s a horrendous rise, but this is the thing you need to think about: compare it to the cheapest fix.”

He explained during an episode of “Martin Lewis Money Show” that by sticking with current deals, consumers should save until April compared to taking out a new fixed deal, and when prices go up, customers will still likely be paying less compared to the cheapest fixed deals available now.

Fortunately, while consumers can do little to impact changing energy tariffs, there are actions they could take to cut their utility costs.

In the face of rising energy bills, NetVoucherCodes.co.uk issued the following tips on how consumers can lower their bills.

Moving furniture and appliances

NetVoucherCodes.co.uk said: “Ensure furniture is not covering radiators, as this can block heat from filling your home. A sofa or bulky chair will trap heat, meaning you’re paying for the warmth but not feeling the benefit of it.

“Fridge freezers: These hefty white goods can consume up to a third of all the power in your home. Investing in an energy-efficient appliance should lower the cost of running them long term and reduce CO2 emissions. Fridges with energy labels A+++ will consume up to 80 percent less than a rating D.

“Other money-saving tips include keeping the door shut, especially if you are spending a large time browsing for the perfect snack. Your fridge will be working overtime trying to achieve its optimum temperature. Don’t forget to defrost your fridge when prompted. A build-up of ice could seriously damage the efficiency of your fridge. Regular defrosting can help avoid this.”

“Ensure furniture is not covering radiators, as this can block heat from filling your home. A sofa or bulky chair will trap heat, meaning you’re paying for the warmth but not feeling the benefit of it.

“Fridge freezers: These hefty white goods can consume up to a third of all the power in your home. Investing in an energy-efficient appliance should lower the cost of running them long term and reduce CO2 emissions. Fridges with energy labels A+++ will consume up to 80 percent less than a rating D. Other money-saving tips include keeping the door shut, especially if you are spending a large time browsing for the perfect snack. Your fridge will be working overtime trying to achieve its optimum temperature. Don’t forget to defrost your fridge when prompted. A build-up of ice could seriously damage the efficiency of your fridge. Regular defrosting can help avoid this.2