Save £200 on energy bills each year by adjusting two settings on the front of your boiler

dailyrecord.co.uk:

Ofgem, the energy regulator, will announce the new price cap on Friday, August 26 and industry analysts are predicting it to be nearly £1,800 higher than the current one of £1,971.

Auxilione’s latest figures suggest that the price cap will rise to nearly £3,600 from October 1, putting even more pressure on already stretched household budgets to keep on top of gas and electricity bills.It is a forecast that will pile pressure on the UK Government to take faster action, but unless Parliament is recalled early from summer recess, nothing will be put in place until September 5 when the country will have a new prime minister.

The observation window - when regulator Ofgem tracks the market to decide what the cap will be - closed last Thursday, so the prediction should be fairly accurate.Auxilione said its final prediction is that Ofgem will set the cap at £3,576 per year for the average household on a standard tariff.

They also believe the price cap will hit £4,704 next January and a stomach-churning £5,856 in April.However, while price cap predictions may be terrifying, households can still take plenty of measures to ensure they are only using the energy they need.It pays to remember that although individual savings might look relatively small, they can add up to significant savings across a year.A recent report by the Heating and Hot Water Council found that households can save around 6% to 8% on their gas bill just by turning down the heating flow temperature on their condensing combi boiler.Doing this will allow the boiler to run more efficiently and could save around £200 off an average energy bill.Use the controls on the front of your boiler - not your room thermostat - to set the flow temperature for the boiler, which