![]() Get all the latest news and headlines from Edinburgh, Fife and the Lothians sent straight to your inbox twice a day by signing up to our free newsletter.įrom breaking news to the latest on the coronavirus crisis in Scotland, we'll have you covered. One said: "Hi Martin, this isn't true for eg an oven or a fridge or dishwasher, because they only operate at max wattage for short periods." While of course the cost of living crisis is awful for many - I don't think a bit of financial/energy literacy is a bad thing whatever the time.īefore long, dozens of Twitter users had responded to the tweet sharing their thoughts. He later added: "A few responding to this with "its awful that we're in this state of affairs". You pay roughly 34p per kW per hour So 100W (a tenth of a kW) appliance on for two hours is 3.4p an hour x 2 = 6.8p" The financial expert tweeted: "How to calculate energy cost of an appliance 1. READ MORE - OVO to give customers money for cutting back on energy usage this winter ![]() With energy prices increasing following the launch of the UK Government's Energy Price Guarantee on October 1, many households are looking for ways to keep their bills as low as possible ahead of the winter. The MoneySavingExpert founder took to Twitter to share how energy customers can work out how much they are paying to run each of their appliances. Martin Lewis has revealed how people can "calculate the energy cost" of household appliances as the cost of living crisis continues to worsen.
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