Green Deal Utilities

Green Deal

The original Green Deal scheme ran from 2013 to 2015. This scheme was backed by the government and offered loans for making energy-efficient improvements to your home. The original scheme closed in 2015, but was offered again in 2017. The difference between the two schemes is that the latest scheme is backed by private investors, instead of the government. The scheme offers loans to make energy efficient changes to your home. Loans are available through the Green Deal Finance Company. The scheme currently offers loans to make the following energy saving improvements to your home: Insulation - this includes cavity wall,...
Warm Front Scheme Utilities

Warm Front Scheme

This Scheme is No Longer Available Warm Front is a major energy-efficiency scheme from the government that provides help with the cost of insulation and heating to households on certain income-related benefits living in properties that are poorly insulated and/or do not have a working central heating system. Households that qualify for the scheme can have up to £3,500 worth of heating and insulation improvements carried out in their home. This can rise to £6,000 where oil central heating and other alternative technologies are recommended. What work is covered by the grant? Grants are available for various energy-efficiency...
Renewable Heating Incentive Utilities

Renewable Heating Incentive

The Renewable Heating Incentive (RHI) is a government scheme designed to encourage people to adopt renewable energy techniques in their homes. How does it work? Under the recently launched scheme, the government pays you a fixed amount for the energy you produce by using renewable sources, such as solar thermal panels, heat pumps or a biomass (wood burning) boiler. The amount you receive from the Treasury is based on an estimate as to how much energy your system will generate. The RHI is similar to the existing Feed-In tariff scheme, which pays homeowners a set rate for the renewable electricity they produce via the use of solar...
Insulation Grants Utilities

Insulation Grants

Insulating your home is an energy-efficient measure that can help cut down on heat loss and save money on your energy bills. It is estimated that poorly insulated homes lose 35% of all their heat through the cavity walls. A further 25% is lost through the loft, resulting in up to a third of the money spent on heating per household going to waste. Unfortunately, having your home insulated can be very costly. But the good news is that there are a range of insulation grants available to help with the cost of loft and cavity wall insulation. Beat the Energy Price Rises You could save up to £389* on gas and electricity for...
Online Energy Tariff Utilities

Online Energy Tariff

Online-only tariffs give you the ability to manage your energy account over the internet, and come with some of the most competitive prices on the market. What are the benefits of an online tariff? With this type of tariff, you can access your energy account whenever you want, edit payment details at any time, and enter your own meter readings. The latter is particular beneficial as it makes you more conscious of the amount of energy you’re using each month. It also means you won’t have to wait around for a meter reader to call, and eliminates the risk of being over charged on an estimated bill and then having to wait weeks for a...
Green Energy Tariffs Utilities

Green Energy Tariffs

Green, or environmentally-friendly, energy tariffs are designed to give homeowners the chance to offset some of the environmental damage caused by their gas and electricity by getting their energy supply from renewable sources. How do they work? When you take out a green tariff, your energy provider will match your energy consumption with energy from renewable sources that don’t burn fossil fuels or create carbon emissions, such as wind, solar and wave energy. This green energy will be put back into the national grid, which in turn will then supply your home with gas and electricity. In addition to supplying green energy, most...
Prepayment Meters Utilities

Prepayment Meters

Prepayment meters allow homeowners to pay for their gas and electricity as and when they use it, much like. While they are generally used by low income individuals and families, such as those on benefits, or those without a bank account, they are also quite popular with other customers as they can be a useful way to help manage household budgets. How do they work? With a prepayment meter, you pay for your energy upfront by topping-up your account with credit, in the same way as a pay-as-you-go (PAYG) mobile phone. There are three types of prepayment meter – smartcard, keys and token meters – and each of these can be topped up in...
Market Tracker Energy Tariff Utilities

Market Tracker Energy Tariff

With a market tracker energy tariff, the cost of your gas and electricity fluctuates roughly in line with changes in the wholesale market. This means that when wholesale energy prices rise or fall, the cost of your energy will also increase or fall by more or less the same amount. Your gas and electricity prices are reviewed every three months and any price changes are linked to the Heren Energy Report, which is used to represent industry wholesale prices. Is this tariff suitable for me? Market tracking tariffs are recommended for people who prefer the risk of fluctuating energy prices, as opposed to fixed or capped energy...
Social Tariffs Utilities

Social Tariffs

Social tariffs are energy plans specially designed for vulnerable customers - homeowners who are struggling to cope with the cost of their gas and electricity. These tariffs are either the cheapest, or equal to the cheapest deals on the market. Some companies offer vulnerable customers their lowest standard gas and electricity prices, while others offer discounts on their standard tariffs, as well as money off energy efficiency and safety gadgets such as energy saving light bulbs. Who provides them? The following energy companies offer social tariffs to their most vulnerable customers: British Gas E.ON EDF npower ...
Fixed Rate Energy Tariffs Utilities

Fixed Rate Energy Tariffs

Fixed-rate energy tariffs, also known as fixed-price or capped tariffs, are designed to protect homeowners from increasing energy prices. How do they work? They work by guaranteeing that the price you pay per unit of energy will remain fixed at an amount agreed between the customer and supplier for a set amount of time. This means that even if gas and electricity prices across the rest of the market rise over the next two or three years. The typical time that a fixed-rate tariff lasts - you will have peace of mind knowing that this wont affect the amount you pay each month or quarter. Knowing how much your energy will cost for...
Economy 7 Tariff Utilities

Economy 7 Tariff

An Economy 7 energy tariff is designed to help homeowners save money by encouraging them to use more electricity during the ‘off-peak’ hours of the night. How does it work? This type of tariff charges one price for electricity used during the day and a cheaper price for electricity usage during the night - normally the 7 hours from 1am until 8am, hence the name ‘Economy 7’. Using energy over this period helps ease pressure on the national grid during the day when most people are using their electrical appliances. The amount of electricity used during the day and at night is measured using a two-tier meter system and...
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