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Irish Mirror
Irish Mirror
National
David Kent & Levi Winchester

€5 hack could save you over €220 on central heating bills as gas prices set for hike in Budget 2022

Money experts have explained how to use a cheap €5 hack to cut the cost of your energy bills by more than €220.

It comes amid numerous gas and energy hikes in the Budget by the Irish Government.

Carbon taxes are set to rise by €7.50 per tonne to €41.

That means that it'll cost around €1.30 more to fill a car with petrol; or €1.50 for diesel.

The price of coal and briquettes will also go up, as will the natural gas bill for a home - which could increase by as much as €20.

If you're worried about rising energy costs, Norton Finance has shared a tip to cut your bills by draught-proofing your home.

It involves using specialist excluders - which effectively act as a seal - to stop cold air coming in through gaps around windows, doors and chimneys.

By keeping cold air out, you'll need to switch your heating on less - this means you'll use less energy.

It is also super cheap to purchase excluders and they can be easily assembled just by sticking to areas where you feel cold air.

Norton Finance estimates that draught-proofing your home could save you around €230 on energy over five years.

Billpayers are in for 'unwelcome' extra hikes to their energy bills this winter (diephosi via gettyimages)

There are plenty of other cheap things you can do to help keep your home warm this winter - and they don't involve spending money on a handyman.

You can also ensure you're getting the most from your central heating by bleeding your radiators.

Bleeding your radiator essentially involves getting rid of trapped air inside that causes warm water to stop circulating around your radiator.

To do this, you need a radiator key - which can be found at your nearest DIY store - and a cloth or rag.

Other simple changes you can do include turning your thermostat down by just one degree - doing this could save you around 10% on your bill, depending on how much energy use.

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