UK households warned three appliances are draining wallet 'without you knowing'

British Gas, OVO, EDF, EON, Octopus customers have been warned over the most expensive appliances draining your wallet "without you knowing". Energy experts from Grant Store have uncovered "the most expensive appliances draining your wallet without you knowing".

Tumble dryers rank among the biggest energy consumers in households, they say, followed by refrigerators and freezers. For tumble dryers, they said: "A good way to reduce this expense is to air-dry clothes when possible or run the dryer with larger loads rather than smaller, frequent ones.

"Even simple tricks, like adding a dry towel to the load, can help absorb moisture and speed up drying times, cutting down on energy use.” They claimed: "Organising the contents efficiently can make a difference, as this helps maintain consistent temperatures, reduces strain on the appliance, and can even extend the freshness of your food, minimising waste.

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The experts said: "Homeowners should also consider adjusting their thermostat settings, particularly during the night, to save energy. If you hear unusual noises or notice inconsistent cooling, it’s best to consult a professional sooner rather than later to avoid more costly repairs or inefficient energy use.”

It comes Cornwall Insight has predicted a 1% decrease in the January 2025 Default Tariff Cap. The Energy Price Cap rose by 10% on 1 October, from £1,568 to £1,717, and it is unlikely to come down until the end of 2024 at the earliest. Cornwall Insight predicts that the price cap will fall to £1,697 per year for a typical dual fuel consumer in January 2025.

Craig Lowrey from Cornwall Insight warns: "January to March, typically some of the coldest months of the year, often bring with them the biggest energy bills, and - while our latest forecast is welcome news - it remains subject to the volatile wholesale gas and electricity markets."