We do not need to look far, by following the example of how France has addressed its energy needs by nuclear and now ever-increasing renewables then we can certainly follow their lead and make our country powered by zero carbon fuels. The government need to invest now in the infrastructure and whilst there would be a sizable investment to make it will help us all in the future to have relatively stable prices for Energy. At the moment our Energy prices are volatile due to where they come from. Gas and oil prices are determined by world markets and if there is a major event in any part of the world the prices fluctuate. If we can reduce this fluctuation in wholesale price, then all of us can benefit from fair and stable prices.
Energy companies do not make massive profits on selling energy to our homes, in fact this is clearly evidenced by the number of Energy companies that have gone bankrupt in the last 3 years. The only way we can all have stable energy prices is by producing and using our own Electricity. This is a project for the Government to make the investment so that we all can move away from Fossil fuels by not making us pay too much for the change.
The main reason households are reluctant on this change is due to the cost. However we all currently pay levies for carbon on our energy bills. In the recent budget the Chancellor has increased levies on Gas and frozen the levies on Electricity. The effect of this would be an increase in Gas prices for households. This will make Electricity more attractive to use for heating and hot water.
Today many households are concerned to switch to Electric or low carbon heating because of the cost, however it is clear that whilst there are many early adopters who are making the difference and switching now, the fact is we all need to switch and it is not IF but WHEN . To reduce carbon you must also insulate your home which will result in cheaper Energy bills. If you lose less heat from your home the cheaper will be your running costs.
Fischer offer several solutions for clean home heating that will help decarbonise your home and environment and keep us warm for the future.