With the recent credit crunch taking effect on the energy market as well as financial institutions, leading to a rise in energy prices and more financial trouble for consumers.
But despite all this talk of how we should be reducing our carbon footprints and doing our bit for the future of the planet, just what can you do to save yourself some money on your energy bills?
As electricity and gas suppliers face increasing pressures as a result of the credit crunch, leading to energy prices spiralling out of control, it's best to evaluate your current energy bills to get an idea of what needs to be done to cut costs.
By simply taking a few small steps - such as switching off appliances after use and unplugging chargers and power supplies after use - you'll be doing yourself a favour by using electricity more effectively.
There are a lot of renewable energy supplies available to us, which we are increasingly making use of in order to save money on electricity and striving for a cheap gas bill.
And whilst the UK may be at a geographical disadvantage when it comes to utilising energy sources such as geothermal energy, there is the potential to harvest other natural resources, such as wind and tidal power, to power small areas.
With an increasing number of do-it-yourself turbine kits coming onto the market, the prospect of using natural resources to power your home seems a tempting way of saving money.
Starting costs may not be cheap, and you will need to contact your local council to check planning permission, as well as making sure your neighbours don't mind the prospect of the sight of a generator on the side of your property or in your garden when they step out of the door to go to work every morning.
One of the other options is using kinetic energy (or people power) to create cheap electricity. With future ideas ranging from knee braces which can charge mobile phones, to a recent idea of using a seesaw to supply power to a school in Africa - which helped a design student scoop an enterprise award and funding towards the product.
As the demand for more reliable renewable energy sources increases, both from a public and business perspective, so we could soon be seeing more of these do-it-yourself kits available in our DIY stores, giving us the opportunity to make the most of our natural resources and save money in the process.
Looking for the best deal on cheap electricity or thinking of changing your gas supplier ? Compare price plans from a variety of suppliers to aid your search for a cheap gas bill .