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January 2025 Energy Price Cap: What You Need to Know About the Latest Increase - Plus Energy Saving Tips
As we kick off the new year, many of us are keeping a close eye on energy prices, especially if cutting household costs is one of your resolutions. Let's dive into the latest update on the energy price cap and explore how you can save with Wiser’s smart heating controls.
What is Ofgem?
Ofgem, the Office of Gas and Electricity Markets, is responsible for regulating energy prices in the UK. They adjust the energy price cap quarterly to protect consumers from unfair pricing. The cap typically rises during colder months when energy demand is higher and falls during warmer months.
January 2025 Energy Price Cap
For January 2025, the energy price cap is set at £1,738. This figure is based on typical annual consumption for a dual-fuel customer paying by direct debit. While this represents a modest 1.2% increase from the previous period, it's still 10% lower than the same time last year. This cap will remain in effect until March 31, 2025.
Energy-Saving Tips for 2025
With the days still short and temperatures low, Spring still feels a long way off! It's a great time to start implementing energy-saving measures. Here are some tips to help you cut your 2025 energy bills:
- Seal the Leaks: Check your windows for draughts and make necessary repairs.
- Switch Up Your Cooking: Use your air fryer instead of the oven to save energy.
- Give Your Boiler Some TLC: Get your boiler serviced to ensure it's running efficiently.
- Go Smart with Your Heating: Upgrade to smart heating controls to save up to 30% on energy, potentially up to £400 a year with the current price cap.
- Find Your Radiator Key: Bleed your radiators to remove air and improve performance.
- Ditch the Draughts: Use draught excluders for doorways and close doors to unused rooms.
- Make the Most of Your Curtains: Let the sun in during the day and close curtains at dusk to retain heat.
- Keep Fresh Air Flowing: Regularly air your home to reduce humidity and increase warmth.
- Swap Baths for Showers: Opt for quick hot showers instead of baths to save energy and water.
- Don’t Forget your Lighting: Switch to LED bulbs to save electricity during these shorter days.
By following these tips, you can make a significant dent in your energy bills and stay warm and cozy through the winter months.
How Smart Heating Can Save You Energy
Imagine slashing up to 30% off your annual energy bills just by upgrading your basic thermostat to Wiser’s multi-room smart heating controls. With the Wiser app, you can access a suite of fantastic features anytime, anywhere, making energy savings a breeze.
Here’s how Wiser’s smart heating can transform your home:
- Effortless Scheduling and Overrides: Set your heating schedule to match your daily routine and easily make adjustments on the fly.
- Tailored Multi-Room Scheduling: Customise heating for each room to suit your lifestyle, ensuring comfort where you need it most.
- Smart Away Mode: Instantly reduce all setpoints when you’re out, thanks to geo-fencing compatibility with IFTTT.
- Intelligent Eco Mode: Wiser learns your home’s thermal performance to strategically turn off the boiler, maximizing efficiency.
- Hassle-Free Installation: Upgrade your heating system with ease, enjoying a seamless transition to smarter energy use.
- Total App Control: Manage your heating from anywhere, giving you complete control at your fingertips.
Better control means better efficiency. Discover more about Wiser or use our Product Selector now to find the perfect smart heating starter kit for your home. Start enjoying lower bills and a cozier home in 2025!
