Government policies look likely to increase the cost of electricity by 27% by 2020 or £280 annually.
Add to this the toughening economic conditions which sees unemployment on the rise as well as inflationary pressure, and households are facing a bleak future as they try to keep themselves warm through
Fossil fuels are by their nature a finite resource and without the discovery of substantial new resources prices will continue to rise in indefinitely. Though the
The government is seeking to mitigate the effects of such rises by aiding households in improving their energy efficiency. The Green Deal scheme has been developed, providing loans to households to aid them in installing energy-efficient products such as Smart meters and improved home insulation. With such improvements it is estimated that the average household will be able to save £94 annually.
The main six energy companies supply 99% of household energy in the
Theres a wealth of energy supply comparison sites on the Internet and by supplying your postcode a quick estimate can be made of the level of savings that could be achieved. With a few simple mouse clicks a deal with a new supplier can be arranged. Ensure to explore the range of grants and loan that are available from both energy suppliers and local and national government as with an improvement of the energy efficiency of your home you could double your savings. Deregulation of the energy market has also allowed new green suppliers to compete for your business, so its now possible to invest in the future of the planet by meeting your energy needs from a supplier that will have a minimal impact on the environment.