Save £100s on Energy Bills with this £18 Supermarket Essential, says Money Saving Expert

0
15

Hot Water Cylinder Insulation Could Reduce Heat Loss by 75%

The Money Saving Expert, Martin Lewis, has revealed a simple £18 solution that could save homeowners hundreds of pounds on their energy bills. By properly insulating hot water cylinders, heat loss can be reduced by up to 75%. With energy bills skyrocketing this winter, many Brits are looking for cost-effective alternatives to heat their properties.

The Importance of Checking Hot Water Cylinders

Martin Lewis is urging all homeowners to check their hot water cylinders, especially as temperatures struggle to climb into double figures. Faulty or insufficient insulation can cause water to cool down quicker than intended, leading to unnecessary re-heating and increased energy costs.

The Power of a Hot Water Cylinder Jacket

The Centre for Sustainable Energy recommends using a hot water cylinder jacket, which can be purchased for just £18. This simple DIY solution, measuring 80mm thick or more, can reduce heat loss by 75% and potentially save Brits £45 per year on their energy bills. Martin Lewis advises homeowners to look for a jacket that displays the British Standard Kitemark and consult a professional if necessary.

Additional Money Saving Tips

Martin Lewis also shared advice on reducing direct debit energy payments and cutting compulsive spending. By taking action and following his "golden rules" for savings accounts, individuals can potentially pocket extra cash. With energy bills on the rise, it's important to explore cost-effective alternatives and make small changes that can lead to significant savings.