SAVING MONEY

These Are All the Ways You Can Save on Renewable Energy

Wanting to live a greener lifestyle is one thing, but actually achieving it is something else altogether. Making real changes means spending time thinking about the best options, altering your habits, and often spending money too. The cost of installing renewable energy solutions is one of the biggest barriers to improving energy in the home. Even if it’s something you can afford, using your money for something else can seem like a much better choice.

It’s true that renewable energy can be costly to get started with, but it can also save you money over time. And, even better, there are ways to save money now so you can afford to install the right solution.

Get a Grant with the Boiler Upgrade Scheme

It’s always a good idea to check if there are any current government schemes to help you out with your energy needs. The Boiler Upgrade Scheme is one of the current options you have to install new technology and make your home more efficient. You can get a grant of £7,500 so that installers like All Seasons Energy can install an air source heat pump or a ground source heat pump. There’s also £5,000 available if you want to install a biomass boiler. As long as your chosen system meets the required standards, you’re replacing fossil fuels and you own your property, you’re likely to be eligible for the grant.

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Get a Home Upgrade Grant

Another option to secure a grant is the Home Upgrade Grant, which is offered through local authorities. This is designed to help tackle fuel poverty, and is offered to low-income households living in the worst-performing homes that are off the gas grid. If you don’t have a gas boiler and live in a low-income household, you could be eligible for certain improvements to make your home more energy-efficient. Your council will arrange a survey and you might receive suggestions such as improving insulation or installing heating systems such as air source heat pumps or electric radiators.

Spread the Cost with Smart Finance

Looking at the cost of installing a new renewable energy system can make you baulk at the idea of it. But it seems a lot more manageable if you can spread the cost. There’s no need to pay for it all in one go, which is great news if you would rather not spend a big chunk of your savings right now or you don’t have the money to pay upfront. Installers usually offer some financing options so you can choose one that works for you and your budget. Just remember to spend some time working out what you can afford.

Switch to a Green Tariff

By far the easiest way to go green, switching to a renewable energy tariff is a smart move. If you haven’t already done it, take a look at your current energy provider’s options. But don’t just stop there. There could be better deals, or other benefits such as better customer service, when you switch to a different provider.

Committing to renewable energy can be costly, but you can explore ways to save too. There’s sure to be a scheme or method that works for your needs.