Is there any way to avoid the devastating impact of the economic energy crisis?

Over the past few months, the energy crisis and cost of living have been steadily on the increase, with many families struggling to heat their homes, pay their bills and feed their families.

As sudden as flicking on a switch, the nation has found fuel poverty becoming a mainstream economic condition and front-page news.

The latest figures have shown that we can expect an increase in annual bill statements rising from £2000 to more than £3,500 and are likely to multiply again in the new year to over £4000, meaning households across Britain will now be spending 10% more of their disposable income on energy. This recent pandemic has caused concern for many and is said to have been fuelled by Vladmir Putin but quantified by Ofgem increasing the energy price cap. Although the UK may not solely rely on the Russian gas, this has placed enormous pressure on the international markets and caused costs to soar, driven largely by Russia’s invasion of the Ukraine.

However, Prime Minister Liz Truss recently announced a new ‘Energy Price Guarantee’ which replaces the original October Price Cap. This new guarantee will limit the amount household and businesses energy bills will go up by to ease the strain the cost-of-living and energy prices are putting on families throughout the UK.

Under the new scheme, as of October 1st, 2022, a typical household in England, Scotland and Wales will pay on average £2,500 per year on energy bills until 2024, around £1,500 less than households would have paid if the original October price cap had been implemented. This scheme will also run alongside the Energy Bills Support Scheme which offers a £400 discount per household off their energy bills as well as additional support for those more vulnerable groups.

Although there are some initial plans for loans to help with the sudden rise in bills, the amount offered will only scratch the surface of the astronomical prices people face and with winter months around the corner, many are beginning to panic.

Last week, more than half of Britain’s electrical energy was produced from natural gases, with renewables providing less than 15%. Meaning the need for renewable energy sources to become more affordable and accessible to the wider public is at an all-time high. The UK’s housing market is under fire with more than 7 million homes nationwide lacking in basic insulation and heating measures. Yet despite this fact there has been no call to action by the Government to educate the public to the further help on offer and demonstrate the effects good insulation and heating measures can have on energy bills.

Therefore, we at Eco Home Insulation have taken matters into our own hands and have decided to run a campaign spreading the word about the ECO 4 Scheme and the measures that can be offered to eligible homeowners, landlords and tenants for free. Plus, even if you do not meet the desired criteria for funding, we still think it is essential the public understands the impact proper insulation and heating can have on their homes and bills, and how some simple, cheap solutions can make such a huge difference.

The ECO 4 Scheme has been running for years and is currently in its fourth and supposedly final stage. The scheme was designed to offer low income, fuel poor and vulnerable households’ insulation, heating, and renewable measures in order to improve their quality of living, carbon footprint and EPC ratings to match the current UK minimum standard. The Government pay companies such as ours to install new measures into your home to bring your house up to current standards and in turn reduce the UK’s carbon footprint.

There are several measures on offer to eligible consumers including:

  • Cavity Wall Insulation
  • Loft Insulation
  • Internal Wall Insulation
  • Room In Roof Insulation
  • Solar PV
  • Air Source Heat Pumps
  • Electric Storage Heaters
  • Dual Measures and Stand-Alone Boilers

Eco Home Insulation are a fully qualified PAS 2030 standard and gas safe registered company working in compliance with British Building Standard to deliver grant funded energy efficient measures. Our role involves checking your eligibility for funding, sending our trusted surveyors out to your home to see what measures are required, accessing the funding from the Government for these measures on your behalf, installing the necessary products and helping with any maintenance needed after.

As well as wanting to help people throughout the UK with the ever-increasing cost of living and rising energy bills, climate change is another driving catalyst behind our company’s operations. It is a scientific certainty that strikes a chord deep with our managing director, Daniel Marsden, and the rest of the Eco Home Insulation team. By providing our customers with these services we can:

  1. Help Combat Climate Change
  2. Lower Carbon Footprint
  3. Help to reach the Government target of net Carbon Zero by 2050.
  4. Save Money on Your Household Bills

From floor, wall and roof insulation to brand-new heating and renewable systems, there are many grant-funded, energy efficient measures available. All of which will directly reduce your carbon footprint in some capacity.

We work to what we call a ‘full house’ approach – meaning when a survey is carried out at your residence, we assess all building fabric attributes and tailor our approach specifically for your occupational assessment and the type of construction. We also work with you to understand what measures you would like in your home and offer advice on the best measures to reduce your individual household energy costs.

There has never been a better time to future proof your home and spending lifestyle than now! Make sure you make the most out of these available Government funds on offer at present, as they will likely be phased out over the coming years.

For more information, to ask us any questions or to find out whether you are eligible for funding, take our 2-minute eligibility checker on our website or call us on 0333 444 1062.

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