Money saving tips during energy and cost of living crisis | Worcester News – Worcester News

Money saving tips during energy and cost of living crisis | Worcester News – Worcester News

AN energy expert has shared 10 money-saving tips to stop rising bills rocketing any further this winter.

Philip Fowler has shared what he thinks are 10 of the best ways for people in Worcester, Malvern and Evesham to save money on their gas and electric bills as people begin to feel the pinch.

Mr Fowler of Fort Royal, Worcester, a non-executive director and investor at ODOS Properties and Partners, has been heading up bills clinics, including with Worcester BID, to help businesses and households save money.

He endorses top tips provided by the Energy Saving Trust, listed here, on how people can save cash on their bills over the course of a year.

Philip Fowler, also a non-executive director and trustee at Worcester Community Trust, has been heading up clinics for households and businesses to try and help people negotiate their way through the energy crisis.

The Energy Price Guarantee is a Government initiative to reduce the unit cost of electricity and gas so that a typical household pays, on average, around £2,500 a year on their energy bill, for the next two years from October 1.

On average usage, a household will save £1,000 a year (based on current prices from October). Energy suppliers will be fully compensated by the government for the savings delivered to households.

Meanwhile, the government announced it will cap wholesale electricity and gas costs for non-domestic users at less than half the market rate expected this winter from the start of October but the package will initially last for only six months. Extra help may potentially be offered to vulnerable firms and organisations beyond March.

However, Mr Fowler said some wrongly believed they would pay no more than £2,500 for their domestic energy bills.

Mr Fowler, also a non-executive director and trustee at Worcester Community Trust, said: “The more you use, the more you pay.”

Mr Fowler has been helping Worcester Business Improvement District (BID) at business bills clinics with their number one cost being utilities, describing the non-domestic cap as ‘a short-term fix’.

He urged people and businesses needing support to contact him via email at philip@philipfowler.com 

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