How to spend less than a tenner and make savings of thousands!
Step 1 - Buy One Low Energy Light Bulb
Buy one low energy light bulb (20W) to replace one standard bulb (100W) at a cost of between £3 and £7.50. This will give a lifetime saving in electricity of around £98. It also saves around £4 in not replacing standard bulbs every few months - a low energy bulb lasts up to 15 times longer than a standard bulb. Total saving: £100
Step 2 - Buy 13 or more Low Energy Light Bulbs
Invest the £100 saved in 13 more low energy light bulbs, targeting high wattage and frequently used bulbs first. Total saving: £1,300
Step 3 - Insulate, Insulate, Insulate
Invest the £1,300 saving in loft insulation, cavity wall insulation, draught proofing, hot water pipe insulation and hot water tank insulation. This could cost up to £1,000 (though it is likely to be lower, especially if you are eligible for certain grants). Together these measures will save you around £200 per year on heating bills. Over 20 years this will save £4,000. Total saving: £4,000
Step 4 - Invest in an ‘A’ rated Boiler
Invest the £4,000 saving in an ‘A’ rated boiler with modern heating controls, or even a new Micro Combined Heat and Power Unit (Micro CHP) which will generate electricity as well as heat. This could cost up to £3,500 and would save up to £2,500 over a 15 year lifespan. Total saving: £2,500
Step 5 - Generate your own hot air!
Take advantage of Government grants and invest in renewable energy generation technology for your own home. Electricity can be generated from wind, solar, ground heat or biomass (wood and other carbon neutral fuels) sources. Total saving: potentially free heating and electricity.
(Reproduced by kind permission of the Marches Energy Agency - www.mea.org.uk)


