Last week, industry regulator Ofgem announced that the price cap on energy bills will slightly drop from October 2023. This regulation affects 29 million households across England, Wales and Scotland. However, the difference is unnoticeable despite the fall due to some of the government support withdrawal. Analysts claim domestic energy bills will most likely remain relatively high for the next decade.
With energy prices rising, insulation is becoming increasingly important to reduce energy bills and prevent expensive heat loss.
Buildings account for 40% of our energy consumption, and insulation slows the transfer of heat, reducing energy consumption in the home and keeping it warm in winter.
Typically, the total heat loss from an uninsulated house with solid external walls accounts for 45%. Installing Internal Wall insulation (IWI) is a quick and simple process that could significantly improve the thermal comfort of your home. According to Energy Saving Trust (2023), it could save you around £710 a year on energy bills in a typical detached house and £410 in a semi-detached property.
Meanwhile, around 15% of the heat is lost through the roof. Installing Loft Insulation, according to an environmental scientist, Angela Terry (2023), could save £475 a year on gas bills in a detached house and £285 in a semi-detached house. The same applies to Room in Roof Insulation (RIR).
Therefore, it’s essential to consider insulation systems as a way of saving on energy bills.
Contact SWIP Customer Service if you wish to discuss this further.
Phone: 0121 384 1029
