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Martin Lewis money-saving tip could save nine percent in your gas bill | Personal Finance | Finance

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The financial journalist told listeners of his BBC podcast about how they may slash their bills by turning down the setting on their boiler. He also really useful people take the Money Saving Boiler Challenge, which could save the typical household some £112 a 12 months.

He said: “If you will have a gas combi boiler, which is the sort most homes have, the flow rate on most of those boilers are set too high as a default.

“The flow rate is the temperature of the water that circulates across the system. If it’s too high, the boiler isn’t operating to maximum efficiency.

“Changing your flow rate can cut gas bills by over nine percent and also you won’t notice the change.”

Mr Lewis assured viewers the standard of their heating could be unaffected by the change.

He said: “Your hot water and heating will all be unchanged.

“They may take a tiny bit longer to heat up but go and take the Money Saving Boiler Challenge, which offers you step-by-step instructions on what to do in your boiler.

“I’ve been talking about this for six weeks or so and a lot of people say it’s made an enormous difference, and so they don’t notice it.

“So it changes your bills, it doesn’t change your property.”

The Money Saving Boiler Challenge is totally separate from Money Saving Expert, which Mr Lewis founded.

The challenge encourages Britons to show down the flow temperature on their combi boiler to 60C or below, as this may “knock kilos off your heating bill every year and reduce energy waste from your property”.

DON’T MISS

The flow temperature is the temperature a boiler heats water to before it goes across the radiators of a property.

Reducing the flow temperature is not going to affect the temperature of the new water that comes out of a household’s taps and showers.

The Energy Price Guarantee got here into effect in the beginning of October, capping the worth of energy but still meaning bills rose significantly, to on average £2,500 a 12 months, for typical households.

Appliance brand Hisense offered some tricks to help Britons higher understand how their household appliances use energy and the way they’ll reduce the energy needed to run them.

READ MORE: Struggling Britons on advantages could have the ability to recover from £4,000 in support

The appliance which usually uses essentially the most electricity per household is the refrigerator, because the fridge must be continually powered.

A Hisense spokesperson said: “By ensuring your refrigerator appliances are set to the optimum settings, and never leaving the door open for longer than vital, as this makes the motor work harder to stabilise the set temperature, are only a few small ways through which you’ll be able to make an enormous difference.

“The way in which you arrange the items in your fridge may help; for instance, we’d advise avoiding any foods touching the back of the fridge to assist regulate the temperature and airflow.”

Added extras on fridges and freezers akin to ice dispensers can impact the quantity of energy the appliances use.

The corporate said: “The most important bulk of the energy usage goes to keeping the temperature of the fridge freezer cool and controlled.

“Getting access to an ice dispenser also signifies that for some households this can reduce the quantity of freezer space required, meaning that they don’t have to run an extra appliance.”

For appliances akin to washing machines and dishwashers, Hisense says the quantity of energy used will be influenced by the setting that somebody uses.

The group said a full 10kg load of washing set to 39 degrees on a four-hour cycle will use 0.99kwh energy.

This compares to a full load of a 10kg washer, set to twenty degrees on a 129-minute cotton cycle, which is able to only use 0.22kwh energy. With the present kwh cost being 34 pence, 0.22kwh equals 7.5 pence.

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