Overview
- Media calculations using Smart Money Tools assume 42 minutes of weekly use and a 1,200W microwave to reach the £10.81 figure.
- An 800W model on the same schedule is estimated at about £7.20 per year, though lower power may require longer heating times.
- Uswitch advises microwaves are typically cheaper to run than ovens, with an oven estimated at roughly £18.91 per year for equal time.
- Ofgem says the average standing charge will be 57.21p per day across Great Britain, including 5% VAT, from April.
- Ofgem projects average annual bill savings of around £150 due to the funding change, and actual appliance costs will vary by usage and wattage.