{"id":100680,"date":"2024-12-29T11:40:00","date_gmt":"2024-12-29T11:40:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=100680"},"modified":"2024-12-29T11:00:45","modified_gmt":"2024-12-29T11:00:45","slug":"energy-bills-soar","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/energy-bills-soar\/","title":{"rendered":"Energy Bills Soar: The Simple Switch That Saves Households Hundreds"},"content":{"rendered":"\n<p>With a slight rise in electricity and gas rates, the new price cap underscores the need for innovative approaches to manage energy expenses. Heated throws, which provide targeted warmth, offer a practical alternative to heating entire homes\u2014making them a lifeline for many during this challenging time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Energy : The January Price Cap and Its Impact on Bills<\/h2>\n\n\n\n<p>From <strong>January 2024<\/strong>, the <a href=\"https:\/\/www.ofgem.gov.uk\/\" target=\"_blank\" rel=\"noopener\">Ofgem<\/a> price cap will rise <strong>from \u00a31,717 to \u00a31,739<\/strong> per year for a typical dual-fuel household. This adjustment reflects an increase in electricity rates from <strong>24.5p\/kWh to 24.86p\/kWh <\/strong>and in gas rates from <strong>6.24p\/kWh to 6.34p\/kWh<\/strong>. Although these changes appear marginal, they follow a series of previous hikes, cumulatively increasing the financial burden on UK households.<\/p>\n\n\n\n<p>Standing charges will see minor adjustments, dropping slightly <strong>from 60.99p to 60.97p\/day<\/strong> for electricity and from <strong>31.66p to 31.65p\/day for gas<\/strong>. However, as winter tightens its grip, even small increases can have a disproportionate impact on households already grappling with high expenses.<\/p>\n\n\n\n<p>With gas central <a href=\"https:\/\/en.econostrum.info\/uk\/pip-adp-claimants-251-heating-costs\/\" data-type=\"post\" data-id=\"99982\">heating <\/a>costing an average of<strong> \u00a34.25 per day<\/strong> to heat a home, many are exploring cost-saving strategies to mitigate the impact. This is where heated throws come in as a viable alternative for reducing costs while maintaining comfort.<br><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Energy Source<\/th><th>Cost per kWh<\/th><th>Standing Charge (Daily)<\/th><th>Typical Annual Cost<\/th><\/tr><\/thead><tbody><tr><td>Gas (current)<\/td><td>6.24p<\/td><td>31.66p<\/td><td>\u00a31,717<\/td><\/tr><tr><td>Gas (January 2024 cap)<\/td><td>6.34p<\/td><td>31.65p<\/td><td>\u00a31,739<\/td><\/tr><tr><td>Electricity (current)<\/td><td>24.5p<\/td><td>60.99p<\/td><td>\u00a31,717<\/td><\/tr><tr><td>Electricity (January 2024 cap)<\/td><td>24.86p<\/td><td>60.97p<\/td><td>\u00a31,739<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Why Heated Throws Are a Smarter Way to Save<\/h2>\n\n\n\n<p>Heated throws offer an energy-efficient alternative to heating entire homes, providing targeted warmth where it&#8217;s needed most. These throws consume<strong> 0.1kWh\/hour<\/strong>, costing just 2.5p per hour under the new price cap. In comparison, heating a home with gas central heating averages 67kWh\/day, translating to a daily cost of<strong> \u00a34.25<\/strong>.<\/p>\n\n\n\n<p>In trials conducted by <strong><a href=\"https:\/\/octopus.energy\/\" target=\"_blank\" rel=\"noopener\">Octopus Energy<\/a><\/strong>, customers using heated throws saw bill reductions of 10\u201320%, translating to potential annual savings of <strong>up to \u00a3347<\/strong>. For those spending significant time in one spot\u2014whether watching TV, reading, or sleeping\u2014heated throws are a practical solution. Modern versions come equipped with <strong>safety features<\/strong> and energy-saving settings, making them a reliable and cost-effective choice.<\/p>\n\n\n\n<p>While Octopus Energy has distributed free heated throws to vulnerable households, they also recommend purchasing them independently. Priced from <strong>\u00a340<\/strong>, they offer an affordable and sustainable way to combat rising <a href=\"https:\/\/en.econostrum.info\/uk\/state-pensioners-21-energy-bill-increase\/\" data-type=\"post\" data-id=\"100330\">energy <\/a>bills.<\/p>\n\n\n\n<p>Switching to a heated throw is more than just a cost-saving measure; it represents a step toward smarter energy usage during a time of growing financial and environmental pressures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the Ofgem price cap is adjusted starting in January, energy prices are expected to increase once more, further taxing people already struggling with the cost-of-living issue. However, heated throws are becoming more and more popular as an economical and energy-efficient alternative. Families may save up to \u00a3347 a year by making this simple change, which would also keep them warm throughout the bitterly cold winter.<\/p>\n","protected":false},"author":10,"featured_media":100683,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-100680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/100680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=100680"}],"version-history":[{"count":6,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/100680\/revisions"}],"predecessor-version":[{"id":100688,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/100680\/revisions\/100688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/100683"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=100680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=100680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=100680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}