Infrared heating saves up to 70% more energy than oil, gas or electric heaters.
How do I cut my heating bills?
The average household fuel bill has more than doubled since 2004. This is set to continue.
An average household fuel bill in 2004 was £540 a year according to energy market analyst uSwitch. By the end of 2009 this cost had risen to an average of £1,243. This is because global demand and wholesale price volatility over the last five years have both risen greatly. Fuel bills in 2009 alone rose 42% (or £381).
According to auditors Ernst & Young, investment in UK energy supplies over the next 15 years will cost £233.5 billion as we research more efficient ways to power our daily lives without such reliance on fossil fuels. This investment will add a further £545 a year to the average household bill. Download our fact sheet.
By 2020 the average fuel bill could be £4,733 a year.
There is no evidence to suggest volatility in demand and energy prices will drop. This is why average annual prices by 2020 could be as high as £4,733 according to uSwitch.
The oil price "widget" on the right shows five year, one year, quarterly and monthly trends just in the oil price. The 5 year trend (as at the time of writing) shows the huge spike in prices that happened towards the end of 2008. This was entirely fuelled by demand and a consequent supply-squeeze in the industry. The subsequent price plummet was then fuelled by a drop in demand due to the recession. In our Blog post "Oil Prices and Sleeping Tigers" we demonstrate how the oil industry has subsequently fixed prices artificially high, to enable investment in the underlying infrastructure to prevent the supply-side shock from recurring once demand picks up after the recession. But with that demand, whilst the "shock" may become dampened, the price will inevitably have to rise.
It is in everyone's interests to reduce their own energy-use. But how?
Heating accounts for at least 30% of one's domestic fuel bills (with lighting and hot water heating accounting for at least another third). How attractive, then, to consider a heating system that offers between 50% to 70% savings on this portion of your energy bill. Impossible?
In continually monitored tests in properties running gas, oil and electrical storage heating, Redwell infrared heaters demonstrate exactly these savings. Click on the links below for greater detail behind these figures:
Infra red uses only 30% of the energy required by oil heating.
Infra red heaters use only 40% of the energy required by gas heating.
Infrared heating uses only 30% of the energy required by storage heaters.
Cut your heating bills today! Look at our range of Infrared Heaters for more details. If you are as excited about these products as we are, contact us! 0844 3351 401 or info@greenenergy-eu.com. We would be delighted to tell you more.
