Households to pay £105 more on their energy bills by 2020, new research claims
Policies currently in place could potentially add up to £105 to yearly household energy bills by 2020, recent research from Cornwall Energy has revealed.
The energy price increases will be caused by the cost of the Capacity Market, Renewables Obligation (RO), Contracts for Difference (CfD) and Feed-in Tariff schemes.
Jo Butlin, Managing Director at Cornwall Energy said: “While the future path of wholesale prices remains uncertain, policy costs are moving only in one direction. Our research shows a confluence of factors serving to push these costs up notably in the next couple of years though important drivers that could yet change the outlook remain beyond anyone’s control.”
DECC insists it is making sure energy bills are coming down by reducing the projected cost of green policies on bills, “delivering savings of around £30-£35 per year from 2014 and continuing out to 2020”.
HeatingSave – helping residential customers dampen the effects of energy price rises
Significant savings can only be truly achieved when implementing a solution designed to optimize energy consumption across the board, whether we’re talking about electricity or gas.
This is exactly where the HeatingSave system will prove its worth, since our solution allows customers to achieve immediately savings of up to 30%+ on their energy bills. This is achieved by optimizing the energy consumption levels within any building with the help of an advanced heat-loss algorithm that creates a specific profile for any building and based on that, switches heating on later if its warm and off earlier if its cold.
It also automatically adjusts your boiler depending on how warm it is outside – save up to another 10%.
Furthermore, the system also offers an advanced automatic occupancy detection system that allows the temperature to reduce to a background when areas are not used and quickly brought up to temperature when they are being used.
If you’d like to find out more about the HeatingSave Building Energy Management System, then simply contact our dedicated product team, they’ll help you get all the necessary information and answer all of your queries.