
We all know the cost of living has been skyrocketing.
But as we all scramble to figure out ways to cut our monthly bill spend - an energy company in the UK has been telling people to beware the 'Phantom Load'.
We all have appliances in our houses that need to be constantly on, like the fridge or freezer - but many of us leave devices on standby, thinking they're not drawing much electricity, when it could be costing us a fortune.
Home energy-saving assistant Loop has revealed how UK homeowners and renters could save an average of £140 (€167) on their annual energy bills just by switching off unused appliances and devices in their homes.
Some of the biggest energy-wasting culprits in people's homes include faulty set-top boxes, which could cost more than £75 (€90) if left on standby for a year, and unused fridges or freezers which could be adding an extra £50 (€60) to your energy bill every year.
Over-sensitive outdoor motion-activated security lights can be another culprit contributing to rising energy bills, with some adding as much as £25 (€30) over the course of a year.
People are being urged to go around each room, check to see what's on standby and what you might be able to do without.