Posted on 10 August 2011.
Energy is expensive, and it’s getting more so. In fact the average family has seen their gas and bills increase by a whopping £176in in the last 12 months.
That sounds pretty steep? Well brace yourselves, or rather your wallets, because the price of gas and electricity is not going to come down any time soon, in fact the cost of energy is likely to double over the next nine years.
Government plans to makes sure more of our energy comes from green and nuclear sources by 2020 are one of the main reasons for the rise.
Shifting away from gas, coal and oil towards more sustainable forms of energy will require millions of pounds worth of investment, most of it to be borne by us, the consumers.
Eventually the plan is that we will all be using electricity generated by nuclear power stations or windfarms, which in the long run is cheaper and of course sustainable.
But in the meantime British Gas has, along with other big providers Scottish Power, Scottish & Southern Energy, Eon have all revealed eye-watering price increases.
Even providers of green energy, such as Good Energy and Green Energy have had to hike their prices, although it has pledged not to raise them any more until at least 2012.
Good Energy, like other green providers can hold prices because it uses more renewable sources and does not rely on wholesalers.
Lisa Greenfield, energy analyst at price comparison site Confused.com said: “It’s interesting that a ‘green’ supplier is able to hold their electricity prices on the back of their investments in renewable energy, and it just goes to show that less reliance on wholesale market activities means consumers are protected.”
So while going green is not necessarily cheaper at the moment at the least it will prevent you from wallet-busting bills.
Lisa adds: “Renewable energy suppliers often don’t come top in the best buys but as global wholesale prices continue to be blamed for increasing costs, the future is bright for innovative utility companies and their customers.”
Other things you can do to get greener energy
* You can invest in solar panels and generate your own electricity – in fact some energy providers will pay you for any excess energy you generate (that you don’t need of course!). A government scheme called the Renewable Heat Premium Payment can help towards buying them, it runs from 1 August 2011 – 31 March 2012. For more details http://www.energysavingtrust.org.uk/
*Find out about the different types of solar panels http://www.which.co.uk/environment-and-saving-energy/energy/guides/how-to-buy-solar-panels/solar-panel-jargon/
* If you don’t already pay your energy supplier by direct debit do so.
* Buy energy saving products.
* Install insulation or buy a new energy efficient boiler.
* Check with your local authority what other grants and offers are available for people who want to make their homes more energy efficient.
* Even simple draught proofing to fill the gaps around your windows can help
*Fit energy saving glazing – it can save you around £140 per year in heating costs, as well as 720 kilograms of CO2.
*Consider a condensing boiler. These boilers are the most energy efficient on the market and upgrading to a condensing boiler and full heating controls could save up to £225 per year.