Put all your energies into saving money

A typical family can spend more than €1,000 a year on energy bills. There are savings to be made, but you have to make the running, writes Emma Kennedy.

27th January, 2013
To save on energy you may need to play the market. Photo: Thinkstock

Households are paying hundreds of euro a year for heating and electricity, so understanding the energy market and getting the best tariff have never been so important.

Energy companies say that gas and electricity bills rise in line with a host of external factors, such as prices in the wholesale energy markets, international events and currency fluctuations. Making predictions on future energy prices is difficult, given the continued volatility in many of these pricing elements.

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