What's Hot

    Father’s Day – Stepping into father’s shoes

    June 18, 2022

    4 Expert-Backed Strategies for Managing Anxiety

    April 15, 2022

    Boris Johnson slams Russia’s ‘despicable attacks’ on Bucha citizens

    April 4, 2022

    UK could open seven new nuclear power stations to reduce Russian oil dependence

    April 4, 2022
    Facebook Twitter Instagram
    Facebook Twitter Instagram LinkedIn
    United Business OutlookUnited Business Outlook
    NOMINATE FOR AWARDS
    • Home
    • Top Global News
    • INFO-TECH
      1. Social Media
      2. How-To
      3. Computer & Laptops
      4. Mobile & Tablets
      5. Gadgets
      6. View All

      5 Best Video Editing Apps For Social Media

      March 30, 2022

      Social Media Strategies To Follow

      March 15, 2022

      WeChat: What You Need To Know

      March 7, 2022

      Social Media Content You Need to Create.

      February 5, 2022

      Things to know before starting a business with friends

      March 25, 2022

      How to get a job in the finance industry

      March 2, 2022

      How modern technology helping us solve problems

      February 28, 2022

      Legal requirements to start a business

      February 28, 2022

      Cloud computing basics

      March 9, 2022

      OnePlus 10 Pro- The launch we are waiting for!

      March 29, 2022

      The most valuable brands in 2022

      March 14, 2022

      How modern technology helping us solve problems

      February 28, 2022

      Huawei launches Smart Glasses with Detachable Front Frame along with MateBook X Pro.

      December 25, 2021

      Father’s Day – Stepping into father’s shoes

      June 18, 2022

      4 Expert-Backed Strategies for Managing Anxiety

      April 15, 2022

      Boris Johnson slams Russia’s ‘despicable attacks’ on Bucha citizens

      April 4, 2022

      UK could open seven new nuclear power stations to reduce Russian oil dependence

      April 4, 2022
    • Markets
    • Crypto
    • Funding
    • More
      • Retail
      • Entrepreneurs
      • Automotive
      • Healthcare
      • Industries
      • Technology
      • Companies
        • Apple
        • SamSung
      • Fintech
      • Marketing
      • Real Estate
      • Sales
    United Business OutlookUnited Business Outlook
    Home»Energy»Fuel poverty in UK : Improving energy efficiency is the way out

    Fuel poverty in UK : Improving energy efficiency is the way out

    Anjali SinghBy Anjali Singh4 Mins Read Energy January 10, 2022
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Fuel poverty in UK@unitedbusinessoutlook.com
    Source : Switched to Portsmouth
    Share
    Facebook Twitter LinkedIn Pinterest Email

    According to a collection of business organizations and charities, better insulation may save UK homeowners more than £500 per year on energy expenditures.

    The Energy Efficiency Infrastructure Group is urging Prime Minister Justin Trudeau to make energy conservation a top priority through residential upgrades. According to the organization, it could save the UK £7.8 billion every year.

    Fuel poverty in UK@unitedbusinessoutlook.com
    Source : My Utility Genius

    Political pressure is mounting on the government to act in response to skyrocketing gas prices.

    Household energy bills have risen in recent months, with more hikes set to take effect in April when the energy price cap is adjusted to account for rising wholesale gas prices. The government is looking into methods to assist low-income people who will be unable to afford increasing heating prices.

    However, the EEIG, which includes the CBI, Kingfisher, the Energy Savings Trust, and the environmental organization WWF, claims that this administration and past administrations are partly to blame for increased costs since they failed to ensure that Britain’s homes were appropriately insulated. 

    “Soaring gas prices are driving the cost-of-living problem,” stated EEIG chairwoman Sarah Kostense-Winterton. “Reducing consumption through energy efficiency techniques is a long-term strategy to lower bills.” 

    “While emergency short-term measures for the most vulnerable households are critical, the government must also focus on the long term to avoid repeat disasters.” “Green home retrofits have enormous social, environmental, and economic co-benefits, and stand out as a ‘no regrets’ solution to the energy crisis, climate crisis, and leveling up agenda,” according to the report. 

    Britain’s housing stock is the coldest and leakiest in Western Europe, putting residents at risk from rising gas bills. Several governments have failed to put policies in place to address the issue. The Green Homes Grant, the most current insulation program, was canceled after only six months.

    Backbenchers pressed the chancellor to use last autumn’s Budget to announce a multi-year energy efficiency plan, but he rejected it.

    In the immediate term, the EEIG wants the government to provide more assistance to disadvantaged households to avoid a fuel poverty emergency.

    Expanding the Warm Homes Discount, which the government is considering, is one example.

    The EEIG, on the other hand, believes that governments should strengthen the Energy Company Obligation (ECO), which mandates energy suppliers to assist low-income households in implementing energy-saving measures.

    The group is concerned that the chancellor would withhold long-term ECO funding to focus on the urgent bills situation.

    Cutting ECO, according to the EEIG, would be harmful to households and businesses, halting efforts in making fuel-inefficient homes more energy-efficient, jeopardizing green jobs, and keeping people reliant on expensive gas.

    Boris Johnson committed £9 billion for energy efficiency by 2030 in his platform. The EEIG claims that money not allocated amounts to a broken promise, although £6 billion was authorized to be spent this session.

    The EEIG also proposes a new £3.6 billion grant or subsidy program to assist all people, including private homeowners, in insulating their homes.

    According to the EEIG, two-thirds of families now lack financial help for insulation, even though insulation is an important aspect of any carbon-reduction strategy. Conservative Environment Network MPs applauded the insulation campaign over the weekend.

    According to a government spokesman, the country has already made significant progress in improving the energy efficiency of its dwellings, which has increased from 9% in 2008 to 40% now.

    From 2035 onwards, all new heating systems installed in UK households would be low-carbon technology such as heat pumps or hydrogen-ready boilers, according to him. This will be a 14-year shift, and we’re offering $5,000 incentives to homes to help with the expense of heat pumps.

    “Improving energy efficiency is the best long-term answer to fighting fuel poverty, which is why we’re enabling homeowners across the UK to improve their energy performance and lower bills, having already invested £1.3 billion this year to update up to 50,000 homes,” he added.

    “We will keep the Energy Price Cap in place, protecting millions of customers from rising global gas prices, and we will continue to support lower-income households with £4.2 billion in support, including the Home Upgrade Grant, Energy Company Obligation, and the new £500 million Household Support Fund.”

     

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleNo roaming charges for Virgin Mobile and O2 users
    Next Article Know Everything About LinkedIn Profile
    Anjali Singh
    • Tumblr

    I'm Anjali Singh. Writing is what I do. I look out for opportunities where I can learn and grow. I'm a creative and witty person. I'm quite artistic & I admire the art of different forms.

    Related Posts

    Boris Johnson slams Russia’s ‘despicable attacks’ on Bucha citizens

    April 4, 2022

    UK could open seven new nuclear power stations to reduce Russian oil dependence

    April 4, 2022

    Tesla: Despite obstacles, Tesla produces a record number of automobiles

    April 4, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    advertisement@unitedbusinessoutlook.com

    United Business Outlook Is An Online Magazine Providing Comprehensive Coverage And Analysis Of International Businesses From All Industries.

    We're social. Connect with us:

    Facebook Twitter Instagram YouTube LinkedIn
    Top Global News

    Boris Johnson slams Russia’s ‘despicable attacks’ on Bucha citizens

    April 4, 2022

    UK could open seven new nuclear power stations to reduce Russian oil dependence

    April 4, 2022

    Tesla: Despite obstacles, Tesla produces a record number of automobiles

    April 4, 2022
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2023 United Business Outlook | A Venture by Famezop Media.
    • Home
    • Get In Touch
    • Our Authors
    • Privacy & Policy

    Type above and press Enter to search. Press Esc to cancel.