A useful energy calculator may help householders save hundreds on their electricity and gas bills amid the energy price cap rise.
Consumers have been dealt another blow this week following the news that the energy price cap will rise to £2,800 in October. Jonathan Brearley, Ofgem chief, told MPs that the price cap would rise by almost £1,000 later this year because of the volatile gas market.
Mr Brearley warned MPs at the Commons Business Committee on Tuesday (May 24) that the government must step in, stating: "we need the government to step in... broadly this is only something government can address.
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"I know this is a very distressing time for customers but I do need to be clear with this committee, with customers and with the government about the likely price implications for October.
“Therefore later today I will be writing to the Chancellor to give him our latest estimates of the price cap uplift. This is uncertain, we are only part way through the price cap window, but we are expecting a price cap in October in the region of £2,800.”
Many Britons are now desperately looking at ways to save money on their bills, whether it be energy, clothing, food prices or fuel, following the rise in inflation at 9% as well.
This handy site - sust-it - has an energy calculator which allows users to calculate the running costs of any electrical items using a range of electricity tariffs. Users simply need to enter the amount of electricity the appliance uses (in Watts or KiloWatts) and the length of time it has used (in hours or minutes), then instantly see the cost.
The price is based off the energy price cap in April 2022, which had an average electricity rate of 28.00 pence per kWh. You can also use the site to compare the cost of various appliances too, from washing machines, fridge-freezers, cookers, microwaves, televisions, computers and monitors, laptops, game consoles and more.
The site will work out the most expensive and the least expensive in terms of annual running cost. The top ranking is the cheapest while the further you scroll the more expensive it gets in terms of energy consumption.
For example, the Haier HW120 washing machine, which has a 12kg capacity, is currently the cheapest to run at £2.51 per kg wash, with a total yearly price of £30.11. While the most pricey is the Montpellier machine, which has a 6kg capacity, and costs £11.87 per wash kg wash, and a yearly cost of £71.21.
Cooking isn't as expensive as you might think, for example this Hotpoint oven only costs 49p per litre (the oven holds 71 litres) and costs £34.73 in electricity for the year. While the Hotpoint CH60EKKS which can hold 65 litres costs 80p per litre, and totals at £52.31 for the year.
If you're in need of a new TV you may want to go for this energy-saving one, costing between 1 pence and three pence per day when in use and on standby, and costing between £12.26 and £13.29 for the overall year. Meanwhile, this Samsung 85inch TV costs between 1 pence and 58 pence for the day when in use and on standby, and can cost between £212.58-£213.60 for the year.
To compare more appliances, and to see what is costing you the most in your home, visit the website here.
