Great Britain
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Energy Crisis: Households hand over lifelines and reduce billing by £ 1,180 with just two changes

Boris Johnson discusses the introduction of heat pumps in British homes

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This is the result of aanalysisby the Energy and Climate Intelligence Unit (ECIU), which is also clear. became. With annual inflation reaching 9.1% in May, the highest in 40 years, more than one-third of this increase was due to the gas and oil crisis. However, the contribution of energy to inflation was 3.3% in fossil fuel-powered households, but only 2.3% in heat pump and electric vehicle households. Energy cost gaps between fossil fuels and fully electric households can easily reach an average of around £ 1,600 each year, as gasoline prices are still rising and energy price caps are expected to rise further in October. May expand. The

report also reports that by May, gas price inflation is almost double that of electricity, and heat pumps are more than £ the effect of heating energy-efficient homes. It was revealed that it became. 220 cheaper a year than heating an average home with a gas boiler.

In addition to this, 30% inflation in gasoline prices further widens the difference in operating costs between internal combustion engines and electric vehicles, with electric vehicles averaging about £ 780 cheaper annually.

Unfortunately, high energy and fuel costs are expected to continue in the coming months, with average dual fuel bills reaching £ 2,800 by October, Ofgem said.

On the other hand, ongoing fluctuations in gasoline prices have led to expectations of prices well in excess of £ 2 per liter.

A man goes over his utility bills

Electric households save £ 1,180 a year Average compared to those using fossil fuels(Image: Getty Images)

A domestic heat pump

Heating an energy efficient home with a heat pump can save you £ 220 a year(Image: Getty Images)

ECIU Head of Analysis, Dr. Simon Cran-Mc Greehin, said:

"With these net-zero technologies, more and more families are stepping out of Putin's oil and gas market and working little by little on their own and the UK's energy security.

"For families struggling to do that, even investing hundreds of pounds in insulation is now being repaid at record speeds.

" Government Installing heat pumps with the help of subsidies has reduced heating costs and the growing EV second-hand market is opening cheap travel costs to more homes.

"These nets By taking further steps to make zero technology more accessible, the government can oppose Putin and help households cut the bill. "

Continued. Read: "New Saudi Arabia" that can avoid the energy crisis

An electric car being charged

Electric vehicles are on average about £ 780 cheaper per year than gasoline-powered vehicles(Image: Getty Images)

An infographic about household electric bills

The UK is facing a crisis of living expenses(Image:

While benefiting individual households, transition from dependence Fossil fuels also enhance UK energy security , Produces significant savings nationwide.

In fact, British homes can spend at least £ 35 billion on heating and moving cars in the future of electricity than they do today.

ECIU acknowledged that low-income households needed help to make clean technology available, but "as prices go down, they become more accessible. I have. "

For example, the government will subsidize heat pumps for £ 5,000 and work with the industry to cut costs between £ 4,000 and £ 10,000 in half by 2025 and gas by 2030. boiler.

Experts have found that 4.8 million of the 28 million households in the UK are suitable for heat pumps, but 8 households. 4 million people need only minimal changes such as the introduction of hollow walls and loft insulation. These also help reduce heating costs on their own.

In terms of electric vehicles, the government has stopped offering £ 1,500 in subsidies to help consumers move away from fossil fuels, but the second-hand market is for many. ECIU said it offers affordable options.

In fact, in 2021, 40,000 electric vehicles were replaced, up 119% year-on-year.

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An infographic about high energy bills

Energy prices are expected to remain high for the next few months(Image:

Regarding the findings, the Chair of the Renewable Energy Council and Bim Afolami MP of the Sustainable Energy Group commented:

"British wind power is already beginning to replace its dependence on gas, and its high prices are having a major impact on energy prices for homes and businesses.

" Domestic The way from renewable energy sources to cost-effective and efficient energy is to expand the installation of residential insulation and heat pumps.

"In the last few months, at outposts in the UK and abroad. Gas and diesel prices are skyrocketing.

"As wind power continues to grow from strength to strength, electric vehicle charging will be cheaper and cleaner.

"It's great to see the EV second-hand market skyrocket and give families more affordable options for shifting gear and driving electricity."