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Save money with a simple boiler hack
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Money Saving Boiler ChallengeDo you own a combi boiler? By turning down your boiler flow temperature to 60 degrees Celsius or below, you could save £112 a year. It is best to seek professional advice before adjusting your boiler. You can ask to have it done with your boiler's annual service.
Turning down your boiler flow temperature could also reduce your household's annual carbon emissions by 173kg. This equates to 429 miles driven by the average vehicle.
Many combi boilers in the UK burn more gas, generate more carbon emissions and cost more in energy bills than they need to. Nesta, a charity working on innovations for social good, states that the average household has their boiler flow temperature set at 80 degrees. However, they found that by reducing this to 60 degrees it can cut gas use by around 12 per cent and in tests only made the warm-up time around 10 minutes longer.
Since October 2022, when Nesta launched the Money Saving Boiler Challenge, over 180,000 people have adjusted their boiler flow temperature, saving a total £20m on energy bills and 31,000 tonnes of carbon emissions.
Getting your combi boiler flow temperature adjusted is easy, free, and one of the best ways to cut energy bills. Find out more on Nesta's website, but please take care when adjusting boiler settings - consult a professional first.
Money Saving Expert: Energy saving tips - checklist to save £100sMore money saving tips from Nesta
- Turn down the temperature on your radiators to the mid-point on the dial. By reducing the setting on radiators outside the living room, such as in bedrooms and non-living areas, your household could save £68 a year.
- Turn down the hot water temperature on combi boilers to 42°C. Turning down the hot water temperature for taps and showers on a combi boiler could save a typical household £26, or 2 per cent off their gas bill, per year.
- Reduce your hot water cylinder temperature to 60°C. Homes that have heating systems with a separate hot water cylinder can turn down the temperature of the cylinder itself so that you aren’t heating water unnecessarily. Setting your hot water cylinder to 60°C could cut 2 per cent off a household's gas use, or £26 off a typical gas bill, each year.
You can find more energy saving tips on the Money Saving Expert website:
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West Cheshire Credit Union
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The West Cheshire Credit Union is a local financial co-operative commissioned by the Council, working with Health and Housing groups, to deliver a saving and loan service for residents. Operating on a not-for-profit basis, they have over 4,100 active members who live, work, study or volunteer in Cheshire West, Cheshire East, or Flintshire.
The cost of living crisis means that essential goods and services are becoming more expensive than ever. Whether you are saving for something special or need help to pay for an unexpected cost, West Cheshire Credit Union aims to provide safe and affordable financial services to all members of the community.
Keep reading to find out about their most popular services.
- With the Family Loan, members can apply for up to £800 and repayments are made via Child Benefits. A portion of the benefit is used for loan repayment, with the rest being placed into your savings account or other chosen bank account. This helps residents save money while also staying out of debt. You can apply for the Family Loan (and membership) online or in branch
- The Payroll Saver helps people to put aside money from their earnings to save for big events like Christmas and family holidays. West Cheshire Credit Union is working with many high-profile companies to help people save directly from their wages. To find out if your employer is signed up, visit the Credit Union's Savings page
- The Junior Saver is a savings account for children and young people from birth to age 16. Account holders are offered 3 per cent interest on balances of up to £3,000. It also encourages children and young people to learn about money to prepare them for later life.
The West Cheshire Credit Union is regulated via the Financial Conduct Authority and the Prudential Regulatory Authority, just like high street banks, so members can rest assured that their savings are safe and secure with cover of up to £85,000 provided by the Financial Services Compensation Scheme.