We know this isn’t an option for everyone – for example, if you rent your home – but if you can, it’s a good idea to keep future energy efficiency in mind when you’re undertaking any major home improvements. Installing effective insulation or upgrading your energy system will pay dividends over the years in terms of effective operation and reduced bills.
The costs for replacing an old inefficient boiler will vary, but a straightforward A-rated gas boiler replacement plus thermostatic radiator valves will typically cost about £4,000. The payback comes in the form of over £200 a year reduction in your bills (in a semi-detached house). That might ease the pain a little if you need to replace your boiler.
If you want to go one step further, consider installing solar panels. These are the most common domestic renewable energy source in the UK – and once you’ve paid for installation, your energy costs will be significantly reduced. We estimate solar panels cost around £6,500 to install – but you’ll see savings of around £475 a year**. What’s more, you’ll cut your household carbon emissions by a whopping 750kg of CO2 a year.
All these energy efficiency measures add up: so, whatever your budget – even if it’s nothing at all – you can cut your energy bills by reducing how much energy you use around the home.