Energy crisis lifeline as Brits handed key to slash £1,292 off bills with 5 major changes

Chris Hocknell, director at Eight Versa, said: “These results show there’s not just a strong environmental argument for better efficiency and retrofitting our homes; there is also a very powerful economic argument. In some regions, the average savings per year are over £1,000.”

He added that aside from helping the UK move towards its net zero commitments, these energy efficiency upgrades would also help reduce stress on the energy infrastructure.

He continued: “It’s important to state that the typical homeowner won’t realise these benefits unless there is a standardised and coherent regulatory structure to incentivise and support these improvements over the long term. Recent events have cast this issue into a new and starker light.”

Eight Versa noted that its analysis was based on the Government’s current price cap on a unit of energy, meaning that the savings that households could earn will differ every year based on the cost of energy.

READ MORE: Octopus Energy joins EU partnership to power million homes

Article source: https://www.express.co.uk/news/science/1713649/energy-crisis-lifeline-britons-slash-1292-bills-efficiency-insulation-major-changes