Showing posts with label money saving ideas. Show all posts
Showing posts with label money saving ideas. Show all posts

Sunday, 19 October 2008

Electricity and gas prices

I had a shock recently when my gas bill arrived through the letterbox. On opening it, I found a letter that seemed far too pleased to tell me that from the next month, my gas bill would be increasing from £48 per month to an astonishing £83 per month!

What's more, my electricity was going up from £25 to £30 per month. This is with Npower, who have been in the news recently for hiking up their utility prices.

Now last year, after paying a set amount each month, I ended up in credit by about £150 as well, so all in all, they were pretty much going to double my prices. 100% increase on what I paid last year for my gas. Shocking.

Two days later, a poor unfortunate knocked at my door. He was from Scottish Power and asked if he could do a tariff review to see if he could save me money. Poor guy never knew what hit him. He was dragged in off the street and sat down with my bills shoved haphazardly in front of him.

After looking at them, checking his latest prices, he shook his head, said he didn't know how Npower had come to these figures and told me exactly what I would be paying with Scottish Power. His workings out on my current usage were £40 for gas and £20 for electric.

That works out at £13 a month cheaper on last years pre-price hike figure (£156 a year) OR... and this is the biggie... from switching to Scotish Power from Npower for this year, it would save me a whopping £636 a year.

Shame on you, Npower!

Oh and I get 10% off at Argos with a discount card.

...And Scottish Power are one of the greenest energy suppliers in the UK, so that helps my carbon footprint.

So, needless to say, I switched. If all is well and I haven't been duped somewhere along the way, I shall keep you posted, but so far, so good!

Tuesday, 7 October 2008

Intelliworks Energy Saver

Whilst I am all for people who want to make money from home, one thing that gets my goat are those who are unable to see savings they can make already.

There are many ways to save money around the home, from energy saving lightbulbs to switching off appliances that you would normally leave on standby.

I'll go into a rant about such things another time. Today, I thought I would tell you about something that you plug in to save you money!

About 6 months ago, I heard about the Intelliworks intelligent energy saver. Not one to be suckered in with phony items, I did my research and was impressed with what I read. So much so that I purchased one.

It cost me £17 including postage. They're available from various places online. It arrived a few days later in a small box. I unpacked it to find an item around the size of... er.. A large mouse I suppose. The computer kind, not the animal kind. On the reverse of the plastic unit is a 3 pin plug. You just plug it into a socket near your electric meter, and it regulates your electricity and saves you money.

Simple as.

But does it work?

Well, it's been plugged in for about 4 months now and I am pleased to say that it does. In fact, i'd say it's saved about a third of my total electricity charges. Which means, it's almost paid for itself 3 times over already. Now, results do vary and I was pretty sure that the "save 50% of your electricity" was over ambitious, but 33% is pretty darn impressive!

The websites claim a saving of between 10 and 20%, which is still pretty darn amazing really for a £17 bit of plastic!

Over the year, it should save me around £120! probably one of the best seventeen quids I have ever spent!

**Update** Well, I've had this installed for over a year now and It's probably saved me around £100 in electricity charges. And that's taking into consideration that electricity prices have risen in the last 12 months, so I'm really happy.

If this post has been helpful, please feel free to buy me a coffee.