Investing in home insulation is an alternative option to deciding to switch gas and electricity companies in pursuit of reduced prices.
The Guardian reports that installing cavity wall insulation in UK homes will help to increase efficiency levels and could pay for itself in energy savings in the space of a single year.
Windows, walls and ventilation systems are the biggest sources of heat loss in domestic homes but many older properties will need significant work done to them to improve their efficiency, which could dramatically alter their appearance.
Microgeneration technology such as solar panels and smaller wind turbines are also potential methods of delivering cheap energy and reducing carbon emissions, but these are expensive to install and take much longer to deliver financial benefits - a pertinent issue during the current recession.
Last year the government announced plans to push energy efficiency on a nationwide level rather than seek to reduce energy prices by imposing a windfall tax on energy companies.
If you want to find out more about how to compare energy suppliers and save up to £378 in minutes, click here.