You could be forgiven for thinking that – with many people’s energy bills actually dropping over the past few months – the number of homeowners deciding to generate their own renewable heat and electricity would plunge. However, that could not be further from the truth.
Not passing on savings to customers
While wholesale energy prices (that’s the price energy suppliers pay for the gas and electricity that they sell us) has dropped by between 13% and 27% over the past year, the average household bill is still the same as it was 12 months ago. What’s more, the likes of British Gas have recently announced price cuts of only 5% – no wonder distrust of the big energy companies is higher than ever before.
The good news, however, is that this distrust in energy companies is influencing more homeowners to take control of their own renewable energy production and rely less on fossil fuels. Take a look at the 30-year-old Tyrone France’s story – his first move when he bought a house two months ago was to get solar PV installed – and every day (yes, even in March!) he’s witnessing a 70-80% reduction in his electricity costs. Or climate scientist Jeff Ridley, who’s added a SunGift biomass system to his existing solar PV and solar thermal so that he’s in control of his own energy needs.
Instead of making the switch from one profit-driven energy company to another, these SunGift customers made the bigger switch from fossil fuels to renewable energy. If you’d like to find out how you can make this switch too, click here to get in touch with one of our experts.
Also, in this month’s SunGift News, don’t miss the chance to get your FREE GEO Solar energy monitor, ensure that you are signed up to receive RHI payments, and see why we were the first renewable energy company to be endorsed by Trading Standards’ Buy with Confidence Scheme.