Seven heatwave hacks to save money on cooling your home

With temperatures set to soar to 30 degrees in parts of the UK this week, many people may find themselves tempted to splurge on household items to help keep them cool.

But keeping temperatures down at home can be expensive. Some hot weather tips are great for lowering the heat, but they can cause your costs to rise.

To help us to save whilst keeping cool this summer, consumer finance expert, Paul Wilson, has shared his top tips on heatwave hacks which can save up to £177 a month. 

  1. Avoid portable air conditioning units – save £90

“Homes in the UK tend to be poorly prepared for heatwaves, so when the temperatures start to soar, it can be tempting to spontaneously splurge on the latest cooling gadget or device.”

“Whilst portable air conditioning units sound like a great idea in theory, in principle they can eat through your money and wrack up heavy costs on your energy bills. Our research shows that portable air conditioning units cost around 38p per hour.

“Based on the average run time of four hours, 18 mins during the day and four hours, 48 mins at night, this could add £24 per week onto your energy bill, if not more.

“According to Uswitch, running an standard electric fan will cost only £1.64 per week, which means running air conditioning would cost you over 14x more for the same effect!”

  1. Opt for cotton sheets – save £7

“There’s nothing worse than being kept awake all night due to the heat. Rather than buying satin sheets, opt for white cotton sheets. The light and breathable material will enable you to sleep much easier during a heatwave.

They come at the fraction of the cost of satin sheets which retail around £18. If you’re thinking of purchasing sheets for a double-bed, from a large online retailer, you could save as much as £7 by choosing the cotton option over satin.”

  1. Ditch branded summer toiletries – save £7

“Suncream is an essential summer toiletry, especially when the temperatures are set to hit highs of 30 degrees. But instead of splurging on summer sun essentials, ditch the household brands and choose supermarket branded items instead.”

“They’re just as safe and are often more than half the price of the branded alternative. For instance, you could get your hands on a budget-friendly suncream for £3.90 instead of a household name brand that retails at £7.

“For those that suffer from Hayfever, try swapping out your usual branded packet of tablets for a generic branded packet to save half of the price.”

  1. Take a cold shower – save £2

“Jumping in the shower is a great way to cool off instantly when the temperature climbs, but make sure you’re being efficient with your water usage. Reduce the number of baths you are taking and opt for a short, cold shower with a water-efficient shower head.”

“This saves you the cost of heating water and reduces steam which would make your bathroom hotter – which is the last thing you want in a heatwave. If you swapped a daily bath to a short four minute shower, you could save £24.82 over the course of a year.” 

  1. Swap coffee for flavoured water – save £27

“It can be tricky to stay productive when you’re trying to work in a stuffy office or at home during a heatwave, especially when you’ve had a bad night’s sleep thanks to soaring temperatures. So, it’s a natural urge for many of us to want to reach for a cup of coffee for a caffeine boost in the morning.”

“But caffeine can actually make you feel hotter in a heatwave, as it can make you feel jittery, and this can have a knock-on effect on your productivity. Instead, try swapping your takeaway coffees, from a popular high street chain, for large bottles of water.

Keeping hydrated in a heatwave is crucial, as your body sweats more to keep itself cool. Plus, your wallet will thank you later, as you could easily save £6 each week by swapping your coffees for flavoured water.” 

  1. Turn appliances off when you’re not using them – save £36

“When the heatwave hits, the last thing any of us want to do is generate more heat indoors. But did you know that electrical appliances generate heat whilst they’re in standby mode? Not only does this create more heat in your home, but it also adds extra costs to your utility bills.”

The average UK household wastes around 30% of their energy usage, adding up to a huge £429 on an annual electricity bill. Appliances like TV’s generate heat when they are left on standby, so make sure you switch everything off if it’s not being used.” 

  1. Air dry clothes – save £8

“Hot weather is the perfect condition for air drying clothes and getting on top of that dreaded laundry pile. Check what rating your tumble dryer is, so that you can make some quick savings. For instance, a ‘C’ rated dryer costs over £100 a year to run, meaning that you can easily cut costs over the summer months simply by letting clothes air dry in the garden or well ventilated rooms in your home.”

“As with any cost-saving plans, the key is convenience when figuring out if you can stick to a cost-saving technique or not. Lockdown has been tough on all of us and the heatwave offers Brits a great chance to get out and about and make the most of restrictions lifting. Hopefully these tips will offer options on how to keep costs down and stay cool, whilst still being able to make the most of the great weather.” 

Paul Wilson is a Consumer Finance Expert at Financial Conduct Authority authorised and regulated credit broker CashLady.com.