Martin Lewis has given this 7p tip on his money saving podcast (Image: Ken McKay/ITV/REX/Shutterstock) Group 28 Sign up to our free email newsletter to receive the latest breaking news and daily roundups Invalid email Something went wrong, please try again later. Sign Up No thanks, close We use your sign-up to provide content in the ways you’ve consented to and improve our understanding of you. This means that we may include adverts from us and third parties based on our knowledge of you.
We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. As always you can unsubscribe at any time. More info Group 28 Thank you for subscribing! We have more newsletters Show Me No thanks, close See our Privacy Notice Martin Lewis has suggested a cheaper alternative for drying clothes that costs just 7p an hour.
The money saving expert says that the simple gadget could potentially slash hundreds off your heating bill every year. His advice comes as temperatures in the UK have left many households struggling with keeping warm and drying their washing. Several people have also fallen ill and concerned with mould as a result of not being able to afford to put the heating on.
In the latest episode of the Martin Lewis podcast, the popular TV expert offered a 7p solution to the problem. He said it requires people to make a small investment first, but after that, you’ll start saving money, reports the Mirror . Get more cost of living news from CambridgeshireLive straight to your inbox for free HERE Martin has suggested that Brits should invest in a dehumidifier as the amount of kilowatt’s per hour it uses “generally far, far cheaper” than putting the heating on.
He explained that as long as you factor in the cost of buying one in the first place, it will guarantee lower electricity bills. He added: ” Many dehumidifiers have different wattages, the one I checked out was 200 watts (w). Once we know it’s 200w and we know a kilowatt (kw) is 1,000w, which is how electricity tends to be priced, we know this is a fifth of a kilowatt and you pay roughly 34p per kw per hour.
“A fifth is 7p so you’re going to pay roughly 7p per hour to run a dehumidifier at 200w assuming it uses full power the whole time, which is generally far, far cheaper than putting the heating on. If a dehumidifier does work for you it will definitely have lower electricity bills but of course you do have the initial capital outlay of buying a dehumidifier and see how that works for you. ” Read next: Martin Lewis explains the cost of living payment differences Five ways to reduce your mortgage in 2023 – and why rates have risen so high New lower energy bills could be used for low-income, elderly and vulnerable DWP: Five changes to be made to Universal Credit and other benefits this year Energy bills will stay high for years, says gas boss Story Saved You can find this story in My Bookmarks.
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From: cambridgenews
URL: https://www.cambridge-news.co.uk/news/cost-of-living/martin-lewis-gadget-cheaper-heating-26100819
