How To Save Money On Your Energy Costs.
Four years into this recession and we are still trying to save money on our rising utility bills and yet the gas and electricity providers just keep increasing their prices. Last month I noticed a big jump in my gas and electricity costs so I called my provider. They informed me that the costs were about right for the size of house, although my gas consumption was a bit on the high side. Wouldn’t you just expect that reply from them? My Gas and Electricity bill had jumped £82 from the previous month. Ouch! I had not just bought an electric car so I had no idea why I had the sharp increase. I decided I needed to find ain order to save money today.
It feels like I’m being mugged by my utility provider?
So faced with increasing utility costs I started to investigate how I could reduce my gas and electricity costs and save money today.
Government Grants website
The Government Grants website which provides a source of information for UK grants for gas central heating, loft insulation and cavity wall insulation. Government grants from 40% to 70% are available to homeowners and tenants for loft and cavity wall insulation. These grants are funded by the utility companies and are non-refundable. These grants will not be around forever and once the funding that has been allocated is exhausted they will finish. They also offer a solar heating grant of £400 towards the cost of installation of solar panels which cost around £4,000 depending on the size of your home. If you do not meet their eligibility criteria for free insulation, then grants from around 50% are available for loft insulation and cavity wall insulation, so you can still achieve a massive saving on the normal cost.
The Governments’ Energy Saving Trust Website
I also discovered that there were grants available to help us implement energy saving measures and help reduce our carbon foot print. The Governments’ Energy Saving Trust website provides grants and they have a great search tool to help you find grants or offers that are available for you in your area. All you need do is complete the questions asked on their search for grants and offers page. You will then be presented with a list of providers offering discounted prices or grants in your area. Their website is packed with great advice and help to save money and reduce your carbon dioxide emissions from your home.
Save Money With Cavity Wall Insulation
Our homes lose 35% of their heating through the walls and 25% through the roof. At the Governments Energy Saving Trust website they have an Energy Saving House where they show you a full range of energy saving measures. For example by insulating the loft and having cavity wall insulation with a grant you could reduce you’re heating bills by around £365 a year and reduce your home’s carbon dioxide emissions by up to 1.5 tonnes.
You can complete their online Energy Savers report which allows you to understand your homes energy efficiency performance to reduce your energy use and how to save money. The average cost seems to be between £225 to £249 for either cavity wall insulation or loft insulation depending on the size of your home. Although I did find that B&Q the DIY store was charging £199 for either cavity wall insulation or loft insulation depending on the size of your home. If you are over 70 years old you can receive loft insulation and cavity wall insulation for free from the Energy Saving Trust or the Government Grants website.
Old central heating boilers are inefficient
Changing you’re a central heating boiler that is over ten years old will reduce your gas bill as it is thought that these older central heating unit are only 70% efficient. This means that for every £1 of gas that you buy your old unit wastes 30pence of the money you pay for your gas. Add some heating controls taps to your central heating radiators and they could help save you a further 17% of your heating bill when fitted with a condensing boiler along with an upgraded heating control and you could be looking at a total saving of as much as 40% of your heating bill providing a saving of £275 a year depending on the size of your home.
Anybody can reduce their Gas & Electricity bills
Anyone can reduce their Gas and Electricity bills by at least 20% following the sixteen ways to save money listed above. Unfortunately, like most things you need to spend money to save money; but the rewards will return each month. By implementing a few of these money saving tips at home you will certain reduce your gas and electricity bills in the future and save money. You’re thinking I cannot afford to make all these changes. Start with the changes that cost the least and then work your way through the list above. Remember by making some of these changes you will not only save money each month but you will be helping our planet HOME by reducing your carbon dioxide emissions.