Reduce fuel poverty with savings from computerised heating controller
Official figures this week reveal the number of households who are in ‘fuel poverty’ has more than doubled in the last five years because of soaring energy bills. A household is defined as being fuel poor if it has to spend 10 per cent or more of its income on paying to keep the home adequately warm. For many pensioners this is the largest bill they have to pay all year, so many are struggling to keep their homes warm. In 2003 the number of fuel poor households was two million, but it climbed to 4.5 million in 2008, according to the Department of Energy & Climate Change.
Beat gas tariff rises with money saving central heating management system
Scottish and Southern Energy (SSE) has apologised that it is putting up its domestic gas tariffs by 9.4 per cent at the start of December. SSE blamed the increasing wholesale cost of buying gas which it said had gone up by a quarter since March this year.
Intelligent heating controller cuts down carbon emissions of a building
The UK’s first Climate Week, which takes place between March 21 and 27, 2011, is seven days dedicated to showing how we can combat climate change. Organisations from every part of society are planning activities for Climate Week, when winners of the prestigious Climate Week Awards will be announced. Entries can be submitted right now in a range of categories which include initiatives by businesses, community groups and public services.
Beat high gas and electricity bills with big savings from energy management tool
Energy watchdog Ofgem is looking into recent gas and electricity price rises, to see if more action is needed to protect consumers. It said that the net profit margin of £65 per typical customer in September was now £90, a 38% increase.
PC based energy management system offsets soaring gas and electricity prices
Energy regulator Ofgem has proposed to sweep away “complex and unfair pricing practices” by the main gas and electricity suppliers after examining the market. Ofgem added that, for the first time, it had uncovered evidence that suppliers had pushed up prices in response to rising costs more swiftly than they reduced them when costs fell.
Gas customers can make savings on amount of fuel needed to keep frost at bay
British Gas has been criticised for announcing record profits just after it raised prices. The UK’s biggest gas supplier has just revealed a 24% increase in profits over the last few months. About eight million customers were hit with a price hike on December 10, raising the average dual fuel bill by £80.
Microprocessor improves efficiency and savings of central heating systems
Saudi Arabia has opened emergency talks with European refinery groups after world oil prices surged to the $120 a barrel mark. The Saudis and their partners in the Opec oil producers cartel said any shortfall in oil supply caused by instability in Libya would be made up. An engineer with the Sirte oil company said a blockade by rebels had prevented 80,000 barrels a day being exported from the Dregga field alone.
Variable thermal response process can reduce oil heating bills by 30 per cent
Military and business leaders in the USA warned that further oil price rises resulting from the Libyan revolt would mean a heavy burden on strained Pentagon budgets and the US economy. General Charles Wald, the former deputy commander of European Command, said each $10 rise in a barrel costs the Pentagon an additional $1.3bn. “You start adding a billion here, a billion there, and that is a huge amount of money being spent, even in military terms,” he said.
Money saving PC software sets up heating patterns required for any particular day
Commodity analysts at Japanese bank Nomura have warned that oil prices could perhaps strike $220 a barrel if the crisis in the Middle East continues. The market gurus compared the current situation to the 1990-1991 Gulf War, saying if Algeria and Libya were to halt oil production, prices could peak at the $220 mark. Others have given a more modest prediction of $150 if the unrest spreads. The average barrel price has surged beyond $120 in the past fortnight.