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Owners of Older Homes Should Compare Energy Providers for Cheaper Prices
Posted under Blog by Ruth
UK homeowners who are living in Victorian homes could benefit the most by comparing their energy suppliers and switching tariffs.
The suggestion was made by a new report, pointing out the many inefficiencies of older homes. The report shows that, in total, Victorian property owners are paying around £250 more on their energy bills each year than the average home.
The figures were compiled by the Energy Saving Trust, based on a typical Victorian home that only has single glazing in windows, and un-insulated walls. Annual gas bills are an average of £670, and electricity bills are on average £340 each year.
The carbon footprint of these older homes is around 5 tonnes each year, compared with just 3.4 tonnes from newly-built properties. Those who live in newly built properties have gas bills as low as just £400 in comparison.
It is recommended that those who live in older homes should take time to carefully compare energy suppliers and available tariffs to ensure the cheapest prices.
However, the Energy Saving Trust also recommend more energy efficient measures to help reduce energy usage. This includes blocking any unused chimneys, filling gaps in floorboards, and getting double glazing installed to prevent heat from being lost through windows. These measures combined could end up saving hundreds of pounds each year.