A MARTIN Lewis fan has saved £360 a year by using the meter to pay her water bill.
Switching to the water meter means Derek, who wrote in Martin Lewis ‘MoneySavingExpert team, pay only for what he used instead of a fixed rate.
The switch means he’s managed to cut his monthly bill by more than half and save hundreds of pounds a year.
He told the money saving group: ‘We installed a water meter a few months ago and our monthly direct debit went from £56 to £26.
Derek’s savings were published in this week’s MoneySavingExpert newsletter, revealing the best savings tips of the past seven days, including how Britons managed to cut their own bills or save dong cents they can.
So many people are looking for any way they can daily cost reduction in the home.
If you don’t use the meter, your bill is estimated, so you have to pay a fixed amount depending on the size of your home.
That means you can use more or less water than you estimate, but still pay a set monthly rate that doesn’t reflect what you’re used to.
Of course, if you’re using more you’ll be happy, but if it’s less, you could end up paying hundreds of pounds more than you need for the water you’re actually using.
However, it’s not the same as your energy bill, which you can weigh against other taxes and choose a cheaper one to switch to if needed.
You will only be allocated one provider for your region, so you cannot choose users yourself.
But deciding exactly how you’re billed can help you reduce costs in a similar way.
How will I know how much I can save?
Martin Lewis‘best tip is to count how many bedrooms there are in your home before you make any purchasing decisions for water meters.
His advice is: “If there are more bedrooms in your house than there are people, or the same number, check for meters.”
That’s because the fixed rate will rely on information like this to figure out how much you should pay
You can use online calculator tools to help you calculate the amount of water that will be provided to your household.
Martin Lewis recommends Drinking Water Consumer Council free water meter calculator.
You’ll be able to calculate how much you’ll end up spending based on things like how many people are in your family and how many times you flush the toilet, shower, or use the dishwasher in a week. .
It’s worth swapping out if what it calculates based on that information works cheaper than what you’re currently spending.
Others have had similar success in reducing their bills and have also written to the money saving group to share their own savings.
Another fan said: “We measured the water. Monthly Direct Debit dropped from £80 to £25.”
While one said: “Switched to water meters a few years ago and now pay £45 less a month. Plus it makes me more conscious of what I use – I fixed one drip faucet!”
There are different rules for how you pay for your water in Scotland and Northern Ireland.
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https://www.thesun.co.uk/money/16903584/martin-lewis-fan-saved-water-bills-with-meter/ Martin Lewis fan explains how he saves £360 a year on water bills by using meter