Leaky, draughty roof or loft space? Poor insulation? With the new price cap announced from October 1st, now, more than ever it is time to address it. We take a look at why it’s important to ensure your home is sufficiently insulated now rather than waiting until the temperatures drop and how you can save money with insulation.
Did you know that approximately a quarter of your homes heat is lost through the roof? Yes that’s true. In fact, data from the Energy Saving Trust suggests that you could be saving £100’s of pounds a year on energy bills simply by upgrading your insulation. This could be by having a thermally insulated flat roof, replacement cladding to the exterior of your property or more adequate loft insulation.
Continuous Increase in the Cost of Living
With energy prices rising, and continuing to rise, many are struggling to keep up with the increased cost of living. This isn’t helped by increased fuel prices and a rise in interest rates. The cost of everyday items are going up and there seems to be no end in sight.
When you consider a price increase of 80% from October 1st, this means that you will be paying 80% more for the heat that is escaping through your roof or walls because of poor insulation.
Add to this the cost of materials increasing and many companies, us included, will have no choice but to put prices up in the not too distant future. So, what does this mean? Well, if you are considering improving the insulation in your roof space, replacing your flat roof or having new uPVC cladding, now is the time to do it.
Save Money with Insulation and Other Energy Saving Tips
It doesn’t end with the 1st October price cap. Prices will rise again. The alarming truth is that they are going to continue to rise and there is little that any of us can do about it. Rather than waiting to see how much your bills increase by, the best course of action is to act to ensure that your home is as energy efficient as possible. As well as repairing/replace that leaky, draughty, inefficient roof, there are many others things you can do to reduce your energy bills:
- Replace your old cladding for a thermally efficient option
- Ensure that all your doors and windows are air tight and not allowing in any cold air
- Turn off lights when you leave a room
- Layer up before you resort to putting the heating on
- Turn your appliances off standby
- Cut down on the electrical appliances that use the most – be more mindful when using the washing machine – is it a full load or can it wait?
While you will have to consider the initial outlay of a new roof, insulation or window repairs for example, your pocket will thank you for it in the money you save over the coming winters in fuel prices.
It’s Not Just About Saving Energy
Not only that, but a vulnerable flat roof that is in need of attention, could mean more expensive damage within your home. Left too long and the water will find its way in to your home and you could face larger bills.
Imagine coming into winter and finding that not only have your energy bills increased but also you are having to pay for remedial work inside the home as well as a new roof!
While the initial outlay may be what is putting you off ensuring your home is adequately insulated, it is now more important than ever to make sure your home is as energy efficient as it can be.
Why Put it Off?
We don’t want to be all doom and gloom but we want to ensure that you get the maximum benefit from your roof and home insulation. Having the work done now will ensure that you aren’t wasting unnecessary energy during the winter. It will also mean that you get the work done at a lower cost than waiting until the autumn.
There are many savings to be had by getting your house in order now. As you look to save money on home, car and life insurance, get the cheapest energy provider and make other savings, this could be the most significant. To discuss your home insulation requirements, and how you can save money with insulation, in more detail, please give us a call on 01934 824005 and we will only be too happy to help.