Save Money Cut Carbon: Saving energy is the only solution as new report confirms faster rising bills

Saving energy is the only solution to faster rising bills after a report published recently shows that these are likely to increase twice as fast as the Government has projected.

The Institute for Public Policy Research (IPPR) made an analysis of the official data for campaign group Global Action Plan and found that bills are likely to increase by a further £63 over government estimates because consumers will buy fewer energy and water efficient products than forecast.

The Coalition figures suggest that over the next six years, utility bills would rise on average by £64, from £1,267 in 2013 to £1,331 in 2020.

But IPPR research suggests that snail's pace in regulatory changes together with often bewildering product energy efficiency labelling is discouraging people from taking steps to replace old, inefficient appliances with energy saving models.

Green Energy
The Government's figures assume that rising costs of energy production, including green energy subsidies, would be offset partially by consumers swapping out old 'white goods' such as fridges, TVs and washing machines for more energy efficient models.

According to official estimates, replacing households appliances like washing machines and televisions could take £158 off the average bill, while new boilers could on average save £81 in energy costs.

Energy Savings
DECC projects that people should be able to make energy savings of £25 through more efficient consumer electronics and around £20 through more efficient lighting.

Data shows that the savings made by replacing energy-guzzling lighting with super efficient LEDs should help hard-pressed households, businesses and organisations save much more every year.

To read more and view the original article, click here.


Compliance365 is an independent energy consultancy. We provide advice and guidance on all our services; how to save energy; how to save money on your energy bills; and ultimately how to become more energy efficient. Our aim is to be as cost effective and flexible as possible for our clients.

  • Image
  • Image
  • Image
  • Image
  • Image
  • Image
    Blogger Comment
    Facebook Comment