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A major new initiative to help reduce energy bills by making it cheaper and easier for as many as a quarter of a million employees to insulate their homes has been launched.
The ‘Insulate Today’ Scheme, a collaborative effort from Accenture, Aviva, HSBC, Sainsbury's, ACT ON CO2, the Energy Saving Trust and EDF Energy will see all the companies involved offer their support to helping employees lead more sustainable lives by offering incentives to employees to take up insulation proposals that will ultimately help them reduce their energy bills.
Last year British households wasted over £500m in energy bills through poor insulation with less than one in ten homes having the recommended amount. Most homes can save around £160 every year by getting their loft and cavity walls properly insulated.
The Government's recently launched 'Green Homes, Warmer Homes' strategy highlighted the need to overhaul the energy efficiency of Britain's homes with 'pay as you save' green finance to make energy efficiency pay from day one, ensuring up to 7 million British households benefit from eco upgrades by 2020 and securing up to 65,000 jobs in the green home industry.
"The Government's ambition is to see all lofts and cavity walls in the UK insulated by 2015. The 'Insulate Today' initiative will make a real contribution towards this target,” said Joan Ruddock, Minister of State for Energy and Climate Change.
Research published in March revealed that 78 per cent of bill payers didn’t use their heating as much as they would have liked to this winter, despite it being one of the coldest in a generation, because they were worried about the increased cost of energy bills.
If you are worried about the increased cost of your energy bills then in addition to taking out measures to insulate your home, comparing energy prices to find the cheapest gas and electricity for your household is also an excellent way to save money.
Compare Gas and Electricity Prices and see how much you can save.
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