As of January 2024, the energy regulator Ofgem set the new average capped rate on electricity as 29p per kWh, with a daily standing charge of 53p per day – the standing charge is the cost of connecting to the National Grid. The average capped gas rate is now 7p per kWh, plus a standing charge of 30p per day.

Although this is lower than at some points during the energy price hikes, it is still more than we were all paying before the energy crisis and is up by 5% on the previous quarter (1 October to 31 December 2023), which equates to an average annual rise of £94 per household.

Let's take a look at the 21 most expensive items to run in your home according to data from MoneySavingExpert (MSE), and explore how you can cut costs.

These appliances will cost you the most to run this winter