Martin Lewis has shared what is possibly the easiest and quickest way to save money on your energy bills and it is something everyone with a central heating system should do as soon as possible to start reaping the rewards.
It doesn’t matter if the heat coming out of your radiator is supplied by gas or electricity, the consumer champion’s simple adjustment will work for everyone.
Martin told viewers during his Money Show Live TV programme that simply turning the thermostat down by one degree will save the average energy user an impressive £55 over the course of a year on their fuel bill.
Martin told viewers: “If you turn your thermostat down a degree that’s roughly a four per cent reduction in your energy use over a year [which is] £55 for somebody on typical use.”
The financial guru also explained how if you reduce your shower time by just one minute you can save around two per cent on your energy bills, the equivalent to about £30 per year for someone on typical use.
Martin also shared some green-energy money-saving tips to tie-in with the 26th UN Climate Change Conference of the Parties (COP26) taking place in Glasgow until November 12, to help everyone play their small part in helping to save the planet.
Martin Lewis green money-saving tips
Here are a few highlights from Martin Lewis, which you can read in full on the MoneySavingExpert.com website.
Return excess plastic bags for 10p each
Morrisons reduces your bill by 10p for each bag of theirs you return, so if you've a cupboard full of bags you don't reuse, hand them back for a discount off your next grocery order.
Free water and energy-saving gadgets
Martin dedicated a segment in his Money Show Live TV show last year, sharing how a few small changes could go a long way - find out more here.
Reducing water usage can cut bills for those on water meters, help the environment, and crucially reduce energy costs too, as when you use less water you usually heat less water.
There are over 600,000 free water-saving gadgets available from water firms and what you can get depends on where you live.
Get paid to recycle old clothes and make-up
Many high street stores now offer incentives for recycling their old clothes and beauty containers - from £5 for old clothes, to 'free' MAC lipsticks and more - find out more here.
Refill your water bottle for free
MoneySavingExpert.com shares which cafés and shops let you fill up your bottle for free - find out more here.
Go paperless with bills and bank statements
Switching to online-only communications often reduces your bill, Money Saving Expert highlights how BT broadband is £3/bill cheaper, plus the very cheapest deals across a range of sectors are often online-only.
You can read all of Martin and the Money Saving Expert green savings tips on the website here.
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