There has been a lot of talk about renewable energy and reducing your expenses by implementing technology in the home. Of course, this includes the very popular solar panels which generate free electricity throughout the year.
But what’s also important for reducing bills is to focus on heat retention. And no matter the kind of home you live in, even if it was built in the 1920s and has solid walls (which are notoriously difficult to insulate), you can still save a fortune.
Essentially, whilst the production of renewable energy is important in the country to avoid paying for National Grid power, it’s also crucial to consider heat retention. According to the Energy Saving Trust, which provides a hive of useful information on a range of insulation measures, you can save a whopping £490 every year with solid wall insulation. Of course, when you consider that insulation requires no maintenance, it’s a pretty good deal.
Do you even know the Energy Performance Rating (EPC) of your home? Unfortunately British homes are notoriously wasteful when it comes to energy and whilst the top grading is A, the average UK home is instead a C, D or even E. G is the worst.
You may think that implementing these energy saving measures is going to cost a fortune but you couldn’t be further from the truth. Not only are there schemes available if you’ll struggle to afford insulation such as the Government’s Green Deal, but you can payback the initial outlay in energy savings within just a couple of years.
Whilst solid wall insulation is one that doesn’t qualify for the Green Deal, it is eligible for the Energy Company Obligation. This means you could start saving a small fortune without paying anything whatsoever. And the good news is it’s not just for those of benefits.
If you want to start having more disposable income at the end of every month, you need to do something about your energy bills. They’ll only continue to increase in the future so action is needed now.
Facts & Figures You’ll Love To Share
- With solar PV you’ll generate free electricity whilst earning a lucrative earning with the Government’s feed-in tariff.
- Solar thermal panels help to heat hot water and benefit from the Renewable Heat Incentive payment for seven years.
- Solar panels will last for 25 years and more, providing decades of savings and earnings and helping to avoid the National Grid rates.
- Energy prices have doubled since 2004 and solar panels offer an escape from the clutches of the UK’s large energy suppliers.