★★★★★

Rated Excellent

UK Property Finance

★★★★★

Rated Excellent

open 7 days

Energy Efficient Homes: It’s Not Just Solar Panels and Loft Insulation

by | May 8, 2019 | Other Finance News

No matter how energy-efficient you think you are, a recent story published in The Mail confirmed you’re probably anything but.

For most of us, the homes we live in represent perhaps the biggest drains of all on our finite cash reserves. This is not the case for Colin Usher and his wife, who pay a total of just £15 per year in energy costs for their Wirral home.

That’s not a misprint; that’s £15 all-in. Lighting, heating, hot water, and cooking: a total annual energy bill of just £15.

Of course, it’s not as if the average homeowner has the ability or the inclination to go to such extremes. Nevertheless, the example set by the Ushers clearly demonstrates how every little helps.

And that energy efficiency isn’t only about eco-friendliness; it’s also good for your bank balance!

Simple changes, big improvements

Solar panels and loft insulation may be the most obvious ways to quickly and permanently improve energy efficiency. Nevertheless, they’re far from the only ways of cutting costs.

We have a responsibility to the environment to do what we can to reduce carbon emissions, but it’s the hard-cash savings that motivate eco-friendly initiatives in most households.

So with this in mind, here are perhaps the eight simplest yet most effective things you can do to be greener at home and reduce the pressure on your pocket:

Lower your thermostat

First up, the UK’s official energy watchdog states that by lowering your home’s thermostat to 15 degrees during the day, you’ll be looking at total annual energy savings of up to 15%.

Reuse your waste

If you have a garden, stop needlessly letting all that valuable organic matter go to waste. Composting is not only environmentally friendly but great for your garden and 100% free.

Low-flow taps and showers

Switching to low-flow taps and showers can reduce the amount of water used per minute by as much as 50%. While traditional shower heads blast around five gallons per minute, more efficient shower heads reduce this to 2.5 gallons per minute or even less.

Seal doors and windows

Weather-stripping costs next to nothing, yet it can make a remarkable difference to both the comfort and energy efficiency of your home. It’s incredibly easy to apply and makes no difference to the respective room’s aesthetic, so you may as well go ahead and use it.

Don’t rely on space heaters

They’re great when there’s an alternative, but space heaters have a tendency to be the most inefficient devices in the average home. They’re designed to emit as much energy as possible as quickly as possible, with no consideration whatsoever for energy efficiency. Hence, it’s best to minimise their use where possible.

Step up to LED bulbs

LED bulbs cost a small fortune a few years ago. Today, they’re comprehensively affordable and use up to 90% less energy than traditional light bulbs. They’re also designed to last years or even decades, which adds up to unbeatable value for money. The more light sources you have around the house, the more you’ll save by switching to LED lights.

Don’t leave chargers plugged in

If you thought leaving your various smartphone, tablet, and laptop charges plugged in was no big deal, think again. Incredibly, Energy.gov reports that unused chargers can be responsible for as much as 10% of the average home’s annual energy bill. All of which is money you’re throwing down the drain for no good reason.

Replace your electronics

Last but not least, boosting your home’s energy efficiency is also the perfect excuse for investing in the latest toys and gadgets. From computers to TVs to stereo systems to kitchen appliances, huge advances in energy efficiency are being made every year. So if there’s something you’ve not replaced for a while, it could be putting a drain on your resources. and therefore warrants replacement.

Recent Posts

Are Bridging Loans Available to Businesses?

For businesses facing cash flow challenges or time-sensitive opportunities, bridging loans can be a game-changer. Property investors and businesses across various industries are increasingly using these short-term, flexible financing options. Can businesses access...

Right-to-Buy Mortgages: Turning Your Council Home Into Your Own

For many council tenants in England, the dream of owning their home is closer than they might think, thanks to the Right-to-Buy scheme. Introduced in the 1980s under the Housing Act, this government initiative allows eligible tenants to purchase their council home at...

Owner-Occupied vs. Investment Properties: Choosing the Right Commercial Finance Option

Are you a business owner looking to purchase commercial property in the UK? Whether you’re planning to occupy the space yourself or invest in a property for rental income, choosing the right financing option is crucial. In this blog post, we’ll explore the key...

Residential vs. Commercial Mortgages: Key Differences Every Borrower Should Know

When it comes to financing property in the UK, whether you’re purchasing your dream home or investing in a business premises, the type of mortgage you get will shape your financial commitments for years to come. In this blog post, we’ll compare residential and...

Using a Secured Loan to Raise a Deposit for Your Next Property Purchase

Purchasing a new property can be an exciting milestone, but one of the biggest hurdles is often coming up with a sufficient deposit. For many, a secured loan offers a viable route to bridge that gap. In this post, we will explore how secured loans work, the benefits...

Understanding Interest Rates and Loan Terms Through Calculators

Navigating the world of loans in the UK can feel overwhelming, especially when faced with various finance options and complex interest calculations. Fortunately, loan calculators are available for different options such as secured loans, bridging loans, development...

Key Housing Market Predictions for 2025

As we step into 2025, the UK housing market is poised for notable changes, particularly concerning mortgage rates. Recent analysis suggests a favourable shift for prospective homeowners and investors. Projected decline in mortgage rates The consumer body Which?...

How a Secured Loan Calculator Can Help You Make Smarter Financial Decisions

When contemplating a secured loan, the financial risks can be significant. Whether you're planning a home renovation, consolidating debt, or purchasing a vehicle, understanding your borrowing power and repayment terms is crucial. A secured loan calculator is a...

Are Bridging Loans Good for House Renovations?

When undertaking house renovations—whether to enhance a property’s value or create your dream home—securing the right financing is crucial. Bridging loans are a popular option for homeowners and property developers alike. But are they the best choice for renovations?...

Do Bridging Loans Come with Risks?

For many homeowners, investors, and businesses, bridging loans have become a popular choice because they provide fast, short-term finance when it's most needed. However, like any financial product, they do come with their risks. Understanding these risks is crucial...

Categories