1. Home
  2. Money saving hub

Money saving hub

Our top money-saving tips and guides

  • We'll help you combat the cost of living crisis

  • Find out how to save money on household bills and insurance

  • Read our expert guides and money-saving advice

The Energy Price Guarantee

The unit prices of energy are now frozen until April 2023 because of the Energy Price Guarantee. The guarantee started on 1 October 2022 for the UK and 1 November for Northern Ireland.

The price freeze means that the average household could be paying £2,500 a year for their energy bills.

Remember, this isn't a cap on your energy bill, just the price of energy units. Your bill could be higher than this depending on your energy usage.

Switching energy providers

You can't switch energy providers with us right now. But if you sign up to our switch ready programme, we can tell you when there are more energy deals available. It takes less than 1 minute.

  • Log in to your Confused.com account and confirm your details.
  • We'll send personalised energy deals straight to your inbox.
  • Choose a deal you're happy with and we'll complete the switch for you.

Get switch ready and we’ll update you when you can get a new energy deal

What energy support is available?

The energy situation is worrying but there is help available. If you're struggling to pay your energy bill you should:

  • Speak to your supplier as you may be able to adjust your direct debit or create a payment plan.
  • Look at energy grants - The Energy Bills Support Scheme is a £400 energy bill discount that's paid in 6 monthly instalments of around £66.

Energy saving tips

These simple tips could reduce your energy usage and save you money each year:

Energy saving tip Saving
Take 4-minute showers
Switch devices off standby
Run one 30°C less washing load a week
Air dry your clothes
Only fill the kettle with what you need
Turn off lights
Run one less dishwasher load a week

For more ways to save, read our energy saving tips. Or for cheap fixes that could make your home feel warmer, read our home-warming hacks.

Money Saving Icon

Energy saving top tip

Switch to LED bulbs and you could save
£15 per bulb per year2. They also last longer
than traditional bulbs and are much more efficient.

Some smart LED bulbs can help you save even
more money as you can switch them off remotely.

More on energy

How can I make sure I’m not over-paying for energy?

Taking accurate meter readings, even in the warmer months, can help keep your energy bills accurate. Otherwise, your energy company could estimate your bill. So you could be paying more or less for energy than what you're actually using.

How to take a meter reading

How much is the average energy bill in the UK?

Here's an estimate of what you could be paying per month depending on if you're a low, medium or high energy user:

Low £110.563
Medium £159.60
High £221.40

There could be ways you can reduce this figure though. One way is to look at how energy efficient your appliances are and how much they cost to use.

Find out how much your appliances cost

Should I get a smart meter?

If you don't want to go into a dusty cupboard to read your meter, then a smart meter could be a good option. Smart meters send automatic meter readings to your supplier. This could make your energy bills more accurate.

Find out more about smart meters

How do I read my energy bill?

It's important to understand your energy bill so you can check your energy usage and see if you're paying the right amount.

How to read your energy bill

Show more

Fuel saving tips and guides

Fuel prices have risen over the last few months, but there are ways to make it last longer. You could:

  • Inflate your tyres to the correct pressure
  • Remove excess weight from your car
  • Keep your vehicle in good condition
  • Drive smoothly by easing up on the accelerator

More fuel saving ideas

Where can I find cheaper fuel?

Fuel prices change depending on the petrol station and where you are in the UK. Use our petrol prices tool to find cheaper fuel near you.

Find cheaper fuel near you

How much do your journeys cost you?

Use our fuel-cost calculator to work out how much fuel you're using and give yourself a better idea of how much your trips are really costing you.

Use the Confused.com app to save time and money

  • Sign up to insurance reminders that could save you money
  • Work out your car's monthly running costs
  • Get a quicker car insurance quote
  • Apple app store logo
  • Google app store logo

How to save on car insurance

We could help you save up to £445* on your car insurance. You can also use these tips to find even cheaper car insurance:

  • Switch insurers to get a better deal
  • Accurately declare your mileage
  • Pay annually for your insurance
  • Compare different levels of cover

*Based on data provided by Consumer Intelligence Ltd, www.consumerintelligence.com (April '23). 51% of car insurance customers could save £445.29

Find more ways to save on your car insurance

You could save money by comparing car insurance quotes

Retrieve quote

How to save on home insurance

We could help you save up to £174* on your home insurance. Plus, here are some other tips to help you find cheaper home insurance:

  • Shop around before insuring with your mortgage provider
  • Don't over-insure your contents
  • Pay annually
*Based on data provided by Consumer Intelligence Ltd, www.consumerintelligence.com (April ’23). 51% of home insurance customers could save £174.41 on a combined policy.

Find more ways to save on your home insurance

You could save money by comparing home insurance quotes

Retrieve quote

How to save on life insurance

  • Use our life insurance calculator to work out how much cover you need
  • Don't delay getting cover as the sooner you take out your life insurance policy, the better
  • Consider a joint life insurance policy, which is usually cheaper than two individual policies

Find more way ways to save on your life insurance

You could save money by comparing life insurance quotes

Retrieve quote

How to save on travel insurance

  • Get your policy as soon as you can so you have time to shop around for the best price
  • Buy annual cover for multiple holidays within a year
  • Add your family to the policy instead of buying individual policies for them.

Explore our handy travel tips and guides

You could save money by comparing travel insurance quotes

Retrieve quote

Figures taken from the Energy Savings Trust. These prices are typical savings per year for a typical three-bedroom, gas-heated home in Great Britain. The prices for gas and electricity are based on the Energy Price Guarantee October 2022.

Figures taken from the Energy Savings Trust.

Based on Ofgem's typical energy usage table for low, medium and high usage households. We also used Ofgem's Average price cap unit rates from 1 April 2022:

Gas: £0.07 per kWh plus Daily standing charge: £0.27
Electric: £0.28 per kWh plus Daily standing charge: £0.45
This is an estimate. Figures will vary depending on usage, supplier and location in the UK.