Single roll of 65p tin foil could slash the cost of heating bills

Energy bills are set to go up in price from April following the price cap increasing and wholesale gas prices rising.

The price cap will rise by 54% from 1 April to £1,971, adding huge costs to monthly bills for millions of families.

But it is possible to cut your costs with a simple trick that will help to better insulate your home.

One method is to use a special radiator foil which Asda is selling for just 65p.

How will Asda’s tin foil help?

Asda sells Smart Price tin foil for just 65p for a 20m by 29cm roll.

As it costs less than £1 a roll, it could be worth trying this simple technique to see if it helps to keep your house stay warmer.

The idea is that the tin foil acts as a reflective foil behind your radiator to bounce heat back into the room.

You can also buy sheets of reflective sticky-back aluminium foil from Screwfix for £3.9, measuring 600mm by 1m.

There isn’t enough research to say how effective using plain tin foil is, or how much it can save you, and some researchers are reluctant to say whether it gives the same benefit as proper reflective foil.

What is the energy crisis?

Regulator Ofgem has confirmed it is increasing its price cap by £693 from £1,277 to £1,971 from 1 April 1 - marking a rise of 54%.

Prepayment customers will be worse hit, with a jump of £708 from £1,309 to £2,017.

Rising energy bills mean all cheap fixed rate deals have been pulled from the market, meaning the majority of families cannot get a better deal than the price cap rate.

Some companies have been contacting customers with special fixed deals that are at the same rate as the price cap, but these are being snapped up and pulled within hours.

What are some other money-saving tips?

Lowering your thermostat dial by just one degree could reduce bills by around £8 to £85 per year.