The items in your home you never know were costing you a fortune

Household budgets are being put under huge strain by the current cost of living crisis, with energy bills to soar by an average of £ 700 from next month. Struggling families need to make savings wherever they can at the moment, and there are some items in your home which might be costing you more than you ever imagined.

Many homes will have heated towel rails but have you ever given much thought to how much these actually cost to run? They are in fact one of the most expensive appliances in the home, costing £ 8.74 a month on average. Over the course of a year that works out to more than £ 100.

It might get homeowners thinking about whether they really need heated towel rails, particularly in the summer months. But how many of us actually remember to turn them off in the summer? That £ 100 saving could be crucial and go towards the many bills which are going up at the moment.

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Similarly, an electric blanket can also be costly. While no doubt a comforting possession to have in the winter it costs around £ 4.87 a month – nearly £ 60 a year. Couldn’t you just use normal blankets or a duvet instead of extra warmth, while saving some cash too?

A desktop computer costs £ 140 a year, while a hair dryer sets the average home back nearly £ 50. A dishwasher too can be expensive to run – more than £ 120 a year.

When added together, it shows how cutting down on the use of these appliances, or ditching them altogether if possible, can lead to huge savings – and limit the pain of the huge rise in the cost of living. Going without a heated towel rail, a space heater, an electric blanket and a dehumidifier between March and August, when the weather is warmer, could save £ 106 on annual energy bills, analysis from electronics provider Freemans showed.

The firm said: “Our electricity bills can burn a significant hole in our pockets, and searching for ways to cut the costs can be challenging. This is particularly true if you’re not sure which devices are costing the most in your home.”

It comes after Chancellor Rishi Sunak made a series of key announcements in his Spring Statement designed to help struggling households, though he has been accused of not going far enough to help the worst off.

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