Brits loose £1 in £3 spent on heating inefficiency

Posted 2007-10-13

According to the latest findings by British Gas, utility bills could be lessened by as much as a third by applying energy efficient home improvements, especially to aging structures. 

Managing Director, Phil Bentley offered, “For every £3 we spend heating our homes, £1 is wasted because of poor insulation”. He further added, “Whilst strict standards on new-build [housing] are needed, most of the energy being consumed is in the ageing homes we live in today.”

The firm’s data shows that less than a quarter (22%) of homes in 2050 will have been built after 2007 – meaning that 78% of homes may not conform to modern energy standards.

Current regulations require new construction to be environmentally sound, but British Gas urges owners of existing, and especially older, Real Estate to consider improving their insulation.

Funds provided through a home loan could meet the financial necessities of updating existing homes and structures and improving efficiency - and may reduce energy bills by as much as a significant one-third.

For Britons looking to keep abreast of climate change, and ensuring their homes and buildings are as energy efficient as possible; window film coverings, awnings, insulation and weather stripping are a few tenable areas to consider upgrading or adding for maximum efficiency.

Centrica, British Gas’ parent company, has been recognised as being among the leading energy firms looking for ways to better manage climate change.

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