Energy bills will rise for millions of households from Saturday as the energy price guarantee comes into effect.
The cap will mean households won't be facing extortionate gas and electricity bills, which were predicted to hit £6,000 in 2023.
However the £2,500 figure that kicks in from this Saturday (October 1) is still higher than the current price cap, which is £1,971.
As a result, more and more people are turning to any hacks they can find that help them get through the crisis without costing the earth.
Millions of Brits are feeling the pinch due to the cost of living crisis, and Martin Lewis and Mrs Hinch have continued to provide free tips to help those struggling.
The money-saving expert, 49, is known for his helpful advice and tricks, and over recent months he has provided a whole host of useful cash-saving tips.
Martin has branded the current situation the worst he's seen "since becoming the money-saving expert in 2000", and has outlined top tips for those looking to save some money.
Washing
Using your washing machine on a 30C cycle and drying clothes outside rather than using a tumble dryer could save you around £28 per year on your energy bill, according to the Energy Saving Trust.
While the weather is not always great, it's always best to take advantage of the warmer temperatures while you can.
Additionally, Money Saving Expert recommends trying to do one fewer load of washing a week and making sure to fill up the load each time.
Shower tips
Money Saving Expert recommends fitting a free-water saving shower head in your bathroom, which on average, could save £50 a year for the average home.
On top of this, cutting just a minute off your shower time could save £207 a year in energy bills.
They recommend buying a shower time to keep an eye on how long you're using the water.
Tumble dryers
Recently fans of cleaning guru Mrs Hinch shared a clever hack that helps dry clothes without a tumble drier and doesn’t cost the earth.
Tumble dryers can be a costly appliance to run in the winter months and the price of running one will depend on what type of machine you have and how long you run it for.
Last year it cost £1.07 per cycle to run a tumble dryer and £127.20 per year on average, according to Ideal Home.
With that in mind, fans of Mrs Hinch, whose real name is Sophie Hinchliffe, took to a Facebook page dedicated to the ‘cleanfluencer’ for the best ways to dry clothes.
Facebook user Tanya Byrne asked Mrs Hinch fans: “Hiya just thinking of prices going up again. I normally use the dryer a lot over winter but may have to reassess. So I'm looking at clothes airers. What would you recommend? Thanks."
The most suggested solution was to use a dehumidifier when drying washing on an airer.
Cooking
Taking to popular Facebook group, Cleaning Tips and Tricks, inspired by influencer Mrs Hinch, one woman shared how she is saving money when cooking dinner.
Sharing a photo of a dish in the oven, she wrote: "I’m not sure if this has been around for years, well I just thought today with gas and heating going up, I decided to put beans in a Pyrex dish and put it in the oven with my food I was cooking to see if they would heat up rather than using extra electric/gas by using the microwave/stove and it worked, beans came out piping hot.
"Not really cleaning related I know but wanted to share this as I know a lot of people are struggling, I’ll certainly be doing it again."
Money Saving Expert also advises to use a microwave instead of an oven where possible as they use less energy to heat food.
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