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The cost of living and energy prices

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Some have queried why Ministers have not been sharing tips to keep the energy bills down. I think they are wise not to. Someone on a six figure salary who can afford the price rise is not well placed to lecture others on how they might use less energy. There are plenty of experts who can help people see if they can manage their bills down a bit without going cold.

These experts and the industry backing energy efficiency measures can help all of us see if we can insulate our homes and improve our use pattern of energy to save energy or to save money on the bills. Anyone thinking of a heat pump will be told they first need to insulate their homes to high standards to get any such installation to work. Such high standards will cut the bills for a traditional gas boiler quite a lot.

More insulation comes at a cost. There are government schemes to help those on lower incomes with the initial cost. The pay back from tank and loft insulation can be quite fast. Improving or changing windows and walls is much dearer and more intrusive though it may make sense in the context of wider home improvements someone with a bit to spend can afford to undertake.


Source: http://johnredwoodsdiary.com/2022/04/09/the-cost-of-living-and-energy-prices/



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