One of the most effective ways to save money at home is to make sure you’re not paying more than necessary on your energy bills. A property with low energy efficiency will have high energy bills, more costs for home improvements, and a larger carbon footprint. It is estimated that a typical household may be losing somewhere in the region of £300 a year due to low energy efficiency. Here are a few money saving tips UK home-owners can follow to make sure their home is energy efficient and economical:
Insulation: The amount of heat which can be lost through a building’s roof and walls amounts to around 50%. Having your loft insulated will make a huge difference to this wastage. Make sure the insulation in the loft is at least 270 mm thick in order to get the desired effect. Walls are either solid or cavity (most houses built after 1920 have cavity walls). Both can be insulated if they are not already and, although there is an initial expense, you will save money in the long run.
Double glazing: Another major cause of heat loss is a home’s windows. Windows and doors with double glazing will ensure that a house stays warmer, as well as providing more security. When it comes to getting double glazing quotes, make sure you get more than one in order to find the best price for you.
Boilers: Your central heating boiler accounts for around half of your energy bills, so an inefficient model will be very expensive in the long run. A new condensing boiler is much better than an old G-rated boiler. Getting a new one installed can be very expensive at first, but the long term benefits of having an efficient boiler are significant.
Renewable energy: Thanks to various financial incentives offered by the government, it has never been more cost effective to install an energy-saving and bill-reducing renewable energy technology. Solar PV panels or wind turbines are covered by a feed-in tariff, which means that you can get paid for the energy your home produces. The Renewable Heat Incentive scheme currently provides a grant to help with the installation of heat producing technologies like solar thermal, heat pumps and biomass boilers. All of these measures are also covered by the government’s Green Deal, whereby you can get a loan to cover the whole cost of installation, which you then pay back via your energy bills.
It is true that if your home is not currently using energy efficiently, there is an initial expense involved in rectifying the situation. The good news is that as long as you are well-informed about the financial incentives on offer and get a few local quotes from trusted suppliers, installing energy efficient measures will bring many long-term benefits, including lower bills, a smaller carbon footprint, and a potential increase in the value of your property.
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Article provided by localquotes.co.uk