Martin Lewis On Energy – His Best Tips Revealed For 2023
Martin Lewis On Energy
Martin Lewis On Energy – His Best Tips Revealed For 2023
With energy bills almost doubling this winter and looking to rise again by more than 40% next year, Money Saving Expert Martin Lewis takes a look at the current situation and how much higher bills might climb in 2023.
He also gives his best tips to keep your bills to a minimum.
Government Heating Insulation Grants – Check If You Can Claim Them
There are a number of energy efficiency grants available from the UK Government that will also help with the reduction of energy bills.
These grants can be direct payments or you can apply for energy efficiency grants to upgrade your heating & insulation.
Grants as the name implies are usually 100% free and do not have to be paid back.
We have complied a list of the Top 6 Heating & Insulation Grants & Top 10 help With Heating Bills.
Top 6 Free Warm Front Grants
Click On The Image To Learn More
Why Apply For A Warm Front Heating Grant ?
✅ There Is No Catch – We Guarantee it !
✅ If Your Application Is Accepted Your Grant Is 100% FREE
✅ You Will Reduce Your Energy Bills By Up To £300 Per Year
✅ You Will Add Lots Of Value To Your Home
✅ The Scheme Has Limited Funding – Ends Soon
Top 9 Heating Grants To Pay Your Bills
- Energy Bills Support Scheme
- Cost of Living Payment
- The Energy Price Guarantee
- Warm Home Discount
- Winter Fuel Payments
- Cold Weather Payments
- Disability Cost of Living Payment
- Pensioner Cost of Living Payment
- 0% VAT On Energy Saving Materials
1-Energy Bills Support Scheme
£400 help with energy bills for households in Great Britain from this October.
This automatic, non-repayable discount will be applied in six instalments between October 2022 and March 2023 to help households through winter.
There is no need to apply for the scheme and you will not be asked for your bank details.
2- Cost of Living Payments
Households on means tested benefits, including Universal Credit, Pension Credit and Tax Credits, will receive a payment of £650 this year, paid automatically in two instalments.
The first payment of £326 was made in summer. The second payment of £324 will be made by DWP to eligible customers between 8 and 23 November, and by HMRC between 23 and 30 November (to customers receiving tax credits only and no other eligible DWP benefits).
This is in addition to the £400 discount on energy bills.
3-Energy Price Guarantee
From 1st October, a new ‘Energy Price Guarantee’ will reduce the unit cost of electricity and gas for UK households. This is automatic and applies to all households. Beware of scams – there is no need to apply and you will never be asked for bank details.
This is in addition to the £400 energy bills discount for all households.
4-Warm Home Discount
The Warm Home Discount is a government scheme introduced in 2011 to help tackle fuel poverty and provide people with the financial help needed to stay warm during the winter months
This autumn nearly three million low-income households are eligible for a £150 rebate on their winter electricity bills.
This one-off payment of £150 is just one of a number of schemes that can offer financial help during the colder months.
Please note that if you are living in a mobile or park home, there is a separate application process.
Warm Home Discount Helpline 0800 731 0214 or
Check with your energy supplier to see if you are eligible
5-Winter Fuel Payment
The Winter Fuel Payment was introduced in 1997 and is an annual tax-free heating allowance of between £100 and £300 made to those over pensionable age who may require assistance with their heating costs during the winter.
The payment is usually credited to your electricity bill by your supplier, or you will receive a voucher to redeem if you’re a pay-as-you-go customer.
This winter, they will also receive an extra one-off £300 Pensioner Cost of Living Payment, which will be paid as an automatic top-up to the Winter Fuel Payment.
The winter fuel payment is not means-tested, which means you can still qualify if you’re working or claiming benefits.
Check if you’re eligible for the Winter Fuel Payment
6- Cold Weather Payments
The Cold Weather Payment is a winter fuel allowance granted by the government to those who meet the qualifying criteria.
If you’re eligible, you could be due a payment of £25 every time the average temperature in your area hits zero degrees celsius or below, for seven or more consecutive days between 1st November and 31st March.
7- Disability Cost of Living Payment
Individuals on disability benefits will receive a one-off £150 payment in September to help with extra costs, such as for specialist equipment or transport.
This is in addition to the £650 Cost of Living Payment for disabled people who also receive means tested benefits.
Check if you’re eligible for the Disability Cost of Living Payment
8- Pensioner Cost of Living Payment
In the winter months pensioners can get between £100 and £300 to help pay heating bills.
This winter, they will also receive an extra one-off £300 Pensioner Cost of Living Payment, which will be paid as an automatic top-up to the Winter Fuel Payment.
Check if you’re eligible for the Pensioner Cost of Living Payment
9 -0% VAT on energy saving materials
It will be cheaper for you to install energy saving materials such as thermal insulation or solar panels with 0% VAT for the next five years, helping to improve energy efficiency in your home and keep heating bills down.
Find ways to save energy in your home
High Gas Bills
Wholesale gas prices have risen incredibly high, which feeds into the electricity prices, and the price has gone up and up and up.
The energy price guarantee ( where the Government sets the price, regardless of wholesale prices) pays the difference if the price has risen above the rate.
Currently, the energy price guarantee is set on £2,500 a year for somebody who has typical usage – use more you pay more, use less you pay less.
From April, it will be going up to £3,000 on typical energy usage.
Help With Energy Bills
To help your energy bills this winter you will get £67 a month over six months which is £400. That effectively reduces everyone’s energy bills, but that is not being paid next winter.
Typical use, pro-rata, they’re paying the equivalent of £2,100 a year this winter and next winter, it will be £3,000.
Energy prices nearly doubled from last winter to this winter, and they will be going up again by 43% – on average – next winter.
Make sure you check if you’re eligible for any government grants.
There are Cost Of Living Payments and Heating & Insulation Grants To Help you but you must apply for them yourself or miss out.
This winter we’re in the middle of getting those £66 or £67 a month – you should be getting them if you pay for electricity.
“For those on benefits and tax credits, the £650 has mostly been paid – everyone who’s eligible should have got it by 30 November, the vast majority have got that now.
“Next winter, that’s going up to £900 – so it covers some of the gap of the lost £400 for those on benefits but not all of it.
For those with disabilities, you should have had £150 and you get the same amount next winter.
For state pensioners, the £300 that goes on top of the Winter Fuel Payment (which is £100 to £300), that starts being paid from 23 November and you should have got it by the middle of January 2023 – that’s also going to be £300 next year.