Energy efficiency can help reduce price rises from energy suppliers - 11/03/2009
Benefits of investing in domestic energy efficiency should be viewed on a long-term basis and could be considered alongside a decision to compare energy companies.
According to the Birmingham Post, environmental organisation Act on Energy (formerly the Energy Efficiency Advice Centre) said that adopting a few simple measures can help homeowners save up to £600 a year and that efficiency investment needs to be considered on a longer term basis.
David Jullien, chief executive of Act on Energy, said that a £10 energy-efficient light bulb will pay for itself in three months and spend the next eight years delivering 3,000 per cent interest because of the constant saving.
Mr Jullien told the paper: "We all need to look long-term, not just at today and tomorrow, because if we don't then the next generation is in for a particularly hard time."
He added that homeowners can lose nearly £500 a year through a lack of insulation, inefficient household appliances such as fridges and leaving electrical equipment on standby.
The government has chosen to focus on energy efficiency as the best way to tackle high energy costs.
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