There’s always new innovative ways you can save money on your bills and an expert has shared how you could save a huge £300. TV presenter and property expert Scarlette Douglas says turning to energy-efficient upgrades is key in cutting your spending.

According to research from Smart Energy GB, 95% of so-called “greenovators” say they have saved money by making eco-upgrades to their property. The research has found that homeowners‘ number one reason for installing new eco-features is to reduce their household bills and save money (49%); with added benefits including enhancing energy efficiency (38%), improving functionality (18%) and modernising the property (15%). With this in mind, the research has revealed that over half (58%) of households agree that making eco-friendly home upgrades enable short-term saving on bills, while 64% agree that they contribute to boosting the value of a property.

Households have estimated that these changes have already brought their bills down by over £300 per year on average.

Scarlette says: “Brits are on a green home renovation journey. By far the biggest benefit is the money saved on household bills, now and in the long run.

“Smart meters really are the gateway to a greener, more efficient home – and they top the list of simple changes Brits are making to cut costs.”

She adds that owners who say their smart meter has helped them save money estimate it has lowered their energy costs by, on average by a huge £176 per year.

The in-home-display shows your usage, so you know what you’re spending, and having one means you’re able to access energy reward schemes, which give you financial benefits for being flexible with how you’re using your energy at home, Scarlette adds.

If you’re wondering what other tips Scarlette has for making your home more energy efficient, she also says switching to LED lighting, draught proofing, upgrading your boiler, and investing in solar panels can make a huge difference.

“Although some of these upgrades, like solar panels, can be quite pricey, the initial investments are being returned via savings on energy bills,” says Scarlette.

“Plus, according to Rightmove, 77% of people say that they’re willing to pay more for an energy efficient home.”

By making these changes to your home, you could save hundreds of pounds on your bills and make your home more efficient for the future.