With energy bills increasing even more rapidly than they typically do this time of year, many homeowners are looking for ways to reduce their spend on energy and gas. Investing in upgrades to your home can feel daunting and can be a significant expense, but some home energy improvements can save you a lot of money, both in the short-term and in the long-term.
Take a look at some statistics that can help you understand how much money you could potentially save by having different types of insulation installed in your home:
According to data from British Gas about average energy bills in UK homes, the average annual cost of energy bills as of 1 October 2022 is:
- £1,712.25 for a 1-2 person home
- £2,499.87 for a 2-3 person home
- £3,492.90 for a home with 4-5 people
Based on these statistics, as well as the estimate that around 80% of energy bills are spent on gas and heating, our team has crunched the numbers to demonstrate the amount you could possibly save by installing wall insulation, underfloor insulation, or roof insulation.
Of course, this will vary slightly depending on the property type and your annual energy usage, but it can help give you an understanding of the potential savings – which can be quite significant!
It’s also possible that you could be eligible for funding for the installation of energy saving measures under the ECO4 government scheme – find out by filling in our helpful form.
Get in touch with any questions about home energy improvements and to find out if you’re eligible for funding toward any measures to better heat your home and reduce energy bills.