The average water bill hits £420 a year, amid a cost-of-living crisis that is seeing a host of household expenses soar. But MoneySavingExpert founder Martin Lewis says water meters can help
Champion consumer Martin Lewis says households can save money by installing water meters – and it all depends on how many bedrooms you have.
But MoneySavingExpert founder Martin Lewis said Installing a water meter can help reduce these costs.
A water meter is a device that records the amount of water used in your home.
Your provider will then use this information to figure out how much you should be billed, rather than your household being charged a flat rate.
Speaking on BBC 5 Live yesterday, Lewis said his rule of thumb is that if you have, for example, a four-bed house with only two people in it, a water meter will help you out. save money.
How much money have you saved by owning a water meter? Let us know at firstname.lastname@example.org
Speaking on ITV Earlier this week, the Money Show said: “If there are more than or equal to the number of occupied bedrooms in your home if you live in England and Wales – it is likely that the water meter will cut your costs.
“Go up ccwater.org.uk it’s the Consumer Council for Water. ”
This website tells you how getting a water meter can affect you.
You’ll be asked questions about your water usage, including how many showers you shower a week, your dishwasher usage, and how much you’re paying right now.
The calculator will then give you an estimated cost of what you pay for a water meter.
Lewis continues: “When you sign up for a water meter, you have up to a year, usually as long as you don’t have to, to change your mind.
“The reason this all works is because the rate is based on the value of your home.”
If you don’t have a meter, your water bill is based on the usable value of your home.
So the bigger it is, the more you pay.
But the water meter simply takes into account how much water you use.
How can I get a water meter?
Water meters are provided free of charge in England and Wales. You will need to talk to your water supplier and ask if they can install one for you.
If a water company can’t install it – for example, if you share pipes with your neighbors – you still have options.
If they say you can’t equip the meter, then you can claim a valuation fee, roughly equivalent to what you would pay for the water meter.
Another way to cut your water bill is to reduce usage through water saving utilities.
Households across much of England, Wales, Scotland and Northern Ireland can carry a range of appliances and insulation for free through Save water Save money.
There are 600,000 free bonuses in total but what is available to you depends on where you live and your water company, so it could be a postcode lottery.
https://www.mirror.co.uk/money/martin-lewis-explains-easy-way-26431880 Martin Lewis explains the easy way to find out if a water meter is saving you money