Are New Eco Heating Solutions Worth Switching To Yet, Even With the £13,900 Incentive?
by Reece Martin | July 20th, 2020 | Energy
If the cost of living is getting you down, you could take control of your fuel bills by changing the way you heat your home.
Eco heating solutions can have a dramatic impact on the cost of keeping warm.
Here’s what you need to know.
It’s no big secret that our energy bills have soared in recent years.
In fact, just last year alone, the ‘Big Six’ energy suppliers bumped their prices up between £75 and £105 for average households on dual fuel standard tariffs, an increase of around 5.3 percent and the fastest rate rise since 2014.
It would seem that this is not the end of it either, with experts predicting further rises through 2020/21 as wholesale prices continue to soar.
Even if you’re not too worried about the cost, the environmental impact of our traditional heating methods leaves a lot to be desired. Around 42 percent of the 4.7 tonnes of CO2 emitted by a typical home is down to our heating, contributing to climate change and disastrous weather events around the globe. Swapping fossil-fuelled heating for an eco-heating solution can go a long way towards helping the UK reach its target of an 80 percent reduction in emissions by 2030.
So what eco heating options are there?
Let’s take a look…
Air source heat pumps
You might have heard of ground source heat pumps (GSHP) which require either a horizontal or vertical trench to be dug. If you’re living in an urban or suburban location, chances are you’re limited on outside space and can’t have something like this installed. Air source heat pumps could be the answer, as they don’t require any digging and only need a compact air compressor unit to be installed outside the property.
It works just like a regular boiler, connecting to radiators around the home, however, this renewable energy product will save you a significant amount of money on running costs, compared to traditional heating systems.
Is my home suitable?
You’ll need a home that has been insulated to get maximum benefit from this and will need an outside space to attach the compressor to the wall.
Can I afford it?
Cost of installation depends on the size of your property. However more and more homeowners are taking advantage of the current Government scheme called “Renewable Heat Incentive” which can earn you a 7 year tax free income of up to £13,900! All homeowners are eligible for this scheme and it will go a long way to paying for all or part of your initial investment.
High-efficiency electric heaters
If you’re stuck with electricity for your heating and are living with awkward, uncontrollable night storage heaters, you could enjoy a better outlook with high-efficiency German Electric Radiators.
Using a dynamic reheating process, these units are super-efficient, saving you money and helping you keep your home warmer and more comfortable too. Known as Wibo heating, these are easy to use, fast to heat up and can be individually controlled throughout the home to give you heat where and when you need it and at whatever temperature you require day or night.
Is my home suitable?
Absolutely! There is no home which cannot be switched over to Wibo.
Can I afford it?
The cost of your Wibo heating will depend on the size and number of radiators you need. You could consider also installing solar PV for your own electricity supply, making these heaters even cheaper to run.
Want to take things a step further?
If eco heating is out of your reach, or if you’re keen to do more to stamp down ridiculous energy bills, here are some more ideas for ways you could get things back under control.
- Keeping the heat in: Improving your insulation is a great way to reduce your energy bills and improve your comfort levels at home too. Subsidies are available for things like loft and cavity wall insulation, and new spray foam insulation is a great way to warm things up where other products are not suitable.
- Reducing electricity demand: Solar PV panels generate significant amounts of electricity for your home, and with the Government’s Feed-in Tariff (FiT) you could also generate an additional income too. Why not find out more about generating your own electricity at home with solar PV?
- Be more efficient: If your boiler is an older model, you could save up to £300 a year by upgrading to a new, more efficient model. Modern heating controls such as room thermostats and programmers will help you control the heat better too so that you can enjoy thermal comfort without it costing the earth.
- Add Solar Panels: If you are updating your heating system, solar panels would be a great compliment to the upgrade as you will reap even more benefit from saving on heating bills and you will be a step closer to being fully renewable!