The Office of Gas and Electricity Markets (OFGEM) announced in February 2022 that the UK energy price cap would be raised by 50% from April, the largest increase in electricity bills in UK history. Before the price increase, the average household electricity bill in the UK was about £1,277 to £1,370 a year, this means the electricity bill has already been increased by about £700 a year, and 22 million households across the country have been affected.
Later on, the new British Prime Minister Liz Truss has announced in September 2022 that an emergency energy crisis solution called "Energy Price Guarantee” will be implemented for 2 years to relieve people's hardships, the average household energy bill limit will be set to £2,500 and to replace the existing energy price cap policy. This means a saving about nearly £1,000 a year when compared to previous £3,549 (about HK$32,000) ceiling on household energy price cap as raised earlier by Ofgem, effectively nearly 27% higher than that in April.
But starting from October 1 this year，is the figure of £2,500 a year representing the upper limit of your energy bill annually?
Answer : of course not!
What’s The Average Energy Bill by House Size?
Gas and Electricity Usage
Low (flat or 1-bedroom house)
Medium (3-bedroom house)
High (5-bedroom house)
Average Annual Consumption
Gas: 8,000 kWh Elec: 1,800 kWh
Gas: 12,000 kWh Elec: 2,900 kWh
Gas: 17,000 kWh Elec: 4,300 kWh
Average Annual Cost
Average Monthly Cost
One Time Installation Helps You
Save Energy Bill Forever
My family has been living in the UK for about one and a half year, and we are quite worried about the rising energy bills in the UK. I’m so happy to meet with Chiu Sir, who quickly helped me to build up automated heat radiators at home, so that I can easily reduce energy bills for my house without having to remember to switch off the radiator and light in each room, with immediate effect! My wife is even more happier than me, and realize that the current technology can help solving our biggest problem, thanks to Chiu Sir for the recommendation!
Have you encountered the following situations?
Looking for an effective way to reduce the energy consumption of radiators and lighting, without worrying any unnecessary expenses due to the increase in the unit rate of electricity?
Avoid turning on the radiator due to the expensive energy bill, but worrying about getting a cold for my family members ?
Keep monitoring the in-home display for the smart meter for limiting the energy usage frequently for saving electricity and gas bills? Or wasting time and efforts in turning off the switches of home appliances when not in use?
Forgotten to turn off the radiators or lighting system before leaving home, leading to a waste of your money?
I am Desmond Chiu, Co-Founder and CEO of GoCO limited. My team and I help customers all over the world to create a smarter home that can save money, work more efficiently and safely, and provides one-stop environmental protection and energy saving solution in order to reduce household energy consumption effectively!
With professional knowledge, GoCO listens to and understands the needs of our customers attentively, strives to connect different high-quality smart devices through the latest IoT (Internet of Things) technology to fulfill customers’ needs, in order to achieve the benefit of home automation for providing customers with enhanced home security and energy saving solution.