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  1. HSBC UK 
  2. Financial fitness 
  3. Everyday budgeting 
  4. How to save money on energy

How to save money on energy

It's never a bad time to reduce your energy usage. But when utility bills and living costs are high, it becomes a priority.

Here are some energy-saving tips, to help lower your bills.

Everyday energy-saving tips

The first step to saving money on energy is to understand what you’re spending.

A smart meter tells you how much gas and electricity you’re using in real time. This could also help you identify when energy is being wasted. Find out more about getting a smart meter getting a smart meter This link will open in a new window.

If you can't get a smart meter, look at your bills and check how much you use against what's expected for similar households.

Once you’ve worked out your energy usage and how much it’s costing you, there are plenty of quick wins that might help you reduce it. For example, you could use:

  • Timers for electrical devices
  • Dimmer switches for lighting
  • Low-energy light bulbs (LEDs are considered to be the most energy efficient bulb you can buy)
  • Smart thermostats, which allow you to control your heating even when you’re not home

Other simple steps could help, such as not leaving gadgets on standby and using draught excluders to keep your home warmer. Draught-proofing fireplaces, chimneys and windows can all help to reduce heat loss.*

Sometimes, you might be able to make savings just by making different choices in the home, for example:

Shower or bath?

The Energy Saving Trust Energy Saving Trust This link will open in a new window says a typical household in England, Scotland, or Wales could save £60 a year on their energy bills (£65 in Northern Ireland) by keeping showers to 4 minutes, with the potential to save an additional £75 annually in metered water and sewerage bills. Changing your shower head to a more energy efficient one could also save money.*

They could also save £9 in energy and £13 in metered water and sewerage bills a year by swapping one bath a week for a 4 minute shower.*

High or low-temperature washing?

Avoid putting your washing machine on a higher setting. Most detergents work perfectly well at lower temperatures like 30 degrees. You could save money by using an eco-wash setting and waiting until you have a full load of washing.

Hanging clothes to dry where possible, rather than using a tumble dryer, can also save you money.

Laptop or desktop computer?

If you can choose between a desktop computer and a laptop, consider using the laptop. According to the Energy Saving Trust, this could save up to £30 and 25kg of carbon a year.* 

Laptops typically use a lot less power than desktop computers, which could make a big energy saving could make a big energy saving This link will open in a new window, particularly if you're working from home. 

A laptop can also give you the freedom to move to warmer areas of your home, so you may be able to avoid turning up the heating if you're in a cold room.

Switching energy supplier

According to research by the consumer group Which? consumer group Which? This link will open in a new window , switching energy suppliers is one of the easiest ways to save money.

You can get advice on how to do this from Ofgem Ofgem This link will open in a new window. It has a list of accredited price comparison websites as well as tips on how to shop around.

Citizens Advice Citizens Advice This link will open in a new window also has a guide to switching energy suppliers, which includes guidance on what to do if you’re a tenant or in debt.

Government support

If you’re struggling with heating costs, you might qualify for government support. 

The Warm Home Discount Scheme Warm Home Discount Scheme This link will open in a new window means you could get a winter discount on your heating bills if you receive the guarantee credit element of pension credit or are on a low income.

If you were born before 23 September 1958, you could be entitled to a winter fuel payment winter fuel payment This link will open in a new window to help with your heating bills. You’ll get this payment of either £200 and £300 if you or your partner receive certain benefits certain benefits This link will open in a new window.

You may also receive the cold weather payment cold weather payment This link will open in a new window (£25 extra a week) if you get certain benefits certain benefits This link will open in a new window. This is paid when the temperature where you live is zero or below for more than 7 days in a row. 

For more information on support available, visit GOV.UK: Help with your energy bills GOV.UK: Help with your energy bills This link will open in a new window.

Energy-efficient home improvements

To find out what else you can do, read our guide on budget-friendly ways to improve energy efficiency.

If you’re interested in funding home improvements, including generating your own renewable energy, visit how to make your home more energy-efficient.

Verified by energy saving trust

Energy Saving Trust

Energy Saving TrustEnergy Saving Trust This link will open in a new window is an independent organisation dedicated to promoting energy efficiency, low carbon transport and sustainable energy use to address the climate emergency.

Any reference in this article to Energy Saving Trust has been verified by Energy Saving Trust.

*Based on a typical 3 bedroom semi-detached gas heated house, with an 89% efficient gas boiler and average gas tariff of 6.2p/kWh and electricity tariff of 24.5p/kWh. Emission savings include all scopes and greenhouse gases expressed as carbon dioxide equivalent. Correct as of January 2025.

This article was last updated: 03/06/2025, 10:44

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