How to reduce your gas bills
During the winter, your heating system works overtime to keep your home warm. It's also the time of year when your energy bills are likely to rise. Also, with the cost of heating your house going up, we recognise how challenging this can be. This guide will look at various concepts and new technologies that can help lower your energy costs and carbon footprint.
Have we reached the Energy prices peak?
Simplifying projections, in October 2020 the average household’s electricity bills were around £450 annually, having grown in 2021 to £750 and consequently increased in October of this year. The situation is even worse when it comes to gas: This October, gas prices increased by about 90% in contrast to last year.
Accordingly, the average annual bill for household energy (electricity plus gas) has increased from £1,300 in October 2021 to £3,549 in this October. Reflecting a 173% growth.
Although it is impossible to predict the exact state of things in a year, current predictions indicate that the energy costs recorded in October will rise by a maximum of 86% by April 2023. This means that a household that had £3,500 annual energy bill, might have this amount increased to £6,510.
Will energy prices ever go back to normal?
For the upcoming few months, it is very unpredictable to have energy bills decrease in costs. Several factors will determine how much energy prices may alter through the second half of 2023, such as:
Global Inflation
According to predictions, inflation will reach 11% this year. Geopolitical conflicts, Covid-19, and supply chain vulnerability have all contributed to global inflation. The UK has less gas storage capacity than the EU, which makes it more dependent on supplies and more vulnerable to price volatility
Geopolitical factors that influence energy supplies
Supply chains are significantly impacted by geopolitical tensions. This is due to changes in transportation routes, trading blockages, and cyberattacks. When a product's regular supply chain system becomes vulnerable, its price will rise.
Government support
Even if the predictions are correct, April will be a manageable month for the average household. In fact, government intervention is planned by reducing every household's energy bill by £400 over a six-month period (October to April 2023)
It's difficult to predict how energy prices will change. In light of these considerations, don't be shocked if you observe that either the price of energy decreases several times in 2023 or that it doesn't decrease at all until early 2024. In either case, you can depend on our services to assist you in cutting expenses. At Castle Heating Kent, we take pride in offering you qualified advice for more effective management of your household energy costs.
So here are a few ways you can reduce your gas bills...
Have you considered switching gas providers?
Many people believe that switching from one gas supplier to another is difficult, or they do not know how to compare rates from different suppliers. Changing energy providers is simple and will save you money in the long term.
Get your boiler serviced
This is a vital step! A boiler service allows a heating professional to ensure that your boiler operates at maximum efficiency. Castle Heating Kent is Gas Safe certified, which means all the extensive training to perform various service checks on your gas boiler has been completed!
Your windows may need to be upgraded
Many homes with single-glazed windows lose a significant amount of heat via the windows. If your home has single-glazed windows, you should consider replacing them with double or triple-glazed windows. It will not only keep your home warm but also help you save money on your heating expenses.
Insulate your home
Adding insulation to the tops of your pipes and extra storage tanks is a wonderful technique to cut down on heat loss. The biggest benefit is that it will take less time to heat up the hot water, and it will stay warmer longer!
Purchase a smart thermostat
Are you looking for some quick cost-cutting measures you can take straight away? Compared to standard thermostats, using smart multi-zone thermostats to regulate your heating system may help save an extra 25% on energy. With many smart thermostats available, you can be assured that your house will be heated at the appropriate time and temperature to meet your needs and requirements. Only the rooms that need to be warm are heated with multi-zone heating, helping you further save on your energy bills.
Smart thermostats not only provide you complete control over your home's heating, but they also allow you to access the settings from any device, ensuring that your home only heats up when it needs to. If you would like to know more, please get in touch with us today.
Upgrade your central heating system
Another excellent technique to save a lot of energy is to update your heating system. Underfloor heating is a considerably cleaner and more effective method to heat a house than conventional heating systems. Installing underfloor heating systems throughout your house might result in significant financial savings.
Consider switching energy providers
Understanding how to compare prices from various suppliers is crucial. Know what options you have. Switching energy providers is easy and can result in monthly savings.
Guarantee equipment maximum efficiency
One of the most important steps to reduce your energy bills is making sure your equipment operates efficiently. Having your boiler or other equipment regularly serviced avoids unnecessary costs. Castle Heating Kent is Gas Safe certified, for boiler services, fill out or contact form.
Long term solutions
Several alternatives are available to you if you're looking for long-term solutions to increase the sustainability of your property and guard against future price increases. You may consider adding a new renewable energy-based heat source, such as an air- or ground-source heat pump, a biomass boiler, or a solar thermal system, while simultaneously planning to install new solar panels that will operate with storage batteries to meet your demands.
Although these energy-saving measures might be expensive to implement, they can reduce your home's carbon footprint and help minimise the effects of disruptions in the energy market.
Book a smart control installation, boiler servicing or get more tips today!
Are you ready to book a smart thermostat installation or boiler service in Snodland and the nearby regions, such as Maidstone, Rochester, West Malling, Gravesend, and Aylesford? Then give Castle Heating Kent a call at 0800 0016511 or 01634 790511.
You can also send an email at info@castleheatingkent.co.uk, and Castle Heating Kent will respond as soon as possible. While waiting for a response, look at the other services offered by heading over to the services page.
