Cheap Energy Deals Are Leading to Waste – Our top Energy Saving Tips

May 9, 2014 by  
Filed under Wind Energy Tips

Energylinx UK Energy Industry News Service

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May 8, 2014

According to Newcastle University, energy in the UK is too cheap. Academics from the university, led by Professor Phil Taylor argue that the country needs a “systems architect” and that energy, at least for the bulk of the population it isn’t as expensive as it should be, which is leading to waste.

According to Taylor, who leads Newcastle University Institute for Research on Sustainability, “The current pricing model does not accurately reflect the high economic and environmental cost of generating, storing and distributing energy. In fact, because of the way energy is sold today, it becomes cheaper the more we use. This is unsustainable. Although we must make sure people can afford to heat their homes, for the majority of us energy is too cheap – this is why we leave lights on, keep appliance running and use machines at peak times when energy cost more”

In light of this study we have decided to offer our top energy saving tips;

1. Switch to energy saving light bulbs – They use up to 80% less electricity than standard bulbs but are capable of producing the same amount of light. Using less energy to power your lights means that our homes produce less carbon dioxide emissions which are harmful to our environment and are one of the main causes of climate change.

2. Monitor your electricity use – An energy monitor is a small, simple gadget that estimates in real time how much energy you’re using in your home. It shows how different appliances affect your consumption.

3. Draught-proofing – Thus is one of the cheapest and most efficient ways to save energy but is often overlooked. Savings of £55 a year are possible, according to the Energy Saving Trust. Where it is practical you should seal windows, doors, loft hatches and pipework leading outside. Don’t forget the letter box. The British-invented Ecoflap letterbox replaces the brush, seal and gravity flap draught excluders you traditionally get on letterboxes and uses the wind to blow it shut. Doing it yourself can cost up £120, but makes a saving of up to £55 a year

4. Solar panels- Government subsidies on solar panels continue falling – but so do the costs of installation. According to EvoEnergy, Britain’s largest independent solar panel installer, a well-designed 3.8kW solar system costing £6,600 could receive feed-in tariff (generation and export tariff) payments of £583 a year, and save £ 237 a year on electricity bills. The installation cost would be repaid in eight years. The feed-in tariffs will continue for 20 years, index linked and tax-free. That’s an average return on investment of 7.4pc a year. Cost: £6,600. Return: £820 or more a year (index-linked for 20 years)

5. Go Energy Shopping! – OFGEM carried out a survey to support the launch of their ‘Be An Energy Shopper’ campaign and interestingly, it reveals that British households shop around for almost everything in life, but aren’t placing the same level of importance on their energy bills. On average our customers saved £131.60 on their energy bills by shopping around for other offers on the market. If you feel you are paying too much for your energy click here and you will be taken to Energylinx comparison tool – a 100% free and impartial service that will allow you to compare gas and electric suppliers and is 100% approved by OFGEM.

Posted by energylinx at May 8, 2014 10:57 AM

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