13 January 2023, 11:40
What is the Money Saving Boiler Challenge and how much money can it save you?
With energy bills at an all time high, most of us are looking for ways to cut costs this winter.
And now one charity has come up with the Money Saving Boiler Challenge, which could potentially save you hundreds.
It has even been championed by Money Saving Expert Martin Lewis, who said it’s ‘well worth everybody doing’.
But what is the Money Saving Boiler Challenge and how do you do it? Find out everything…
What is the Money Saving Boiler Challenge?
Introduced by charity Nesta, the challenge sees households change the temperature on their combi boilers in order to save money.
According to Nesta: “Combi boilers work best when they heat the water that goes to the radiators at 60°C or below (this is called the ‘flow temperature’)”.
Many boilers could be on a higher temperature than recommended, which means energy is consistently being wasted.
By turning down the flow rate or flow temperature to 60°C or below, this is a more efficient setting than the standard 70°C to 80°C.
This will put combi boilers in ‘condensing mode’, which will allow it to ‘recover heat that would otherwise be lost so that it runs more efficiently’.
So while radiators will still heat up to their usual temperature, they will take slightly longer.
This isn’t possible for all boilers and doesn’t work if you have a hot water tank, but it could help…
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