The energy price cap outlined by the Government will come into force next month and with October 1st rapidly approaching, we wanted to highlight the key takeaways from the Governments plans.
Urgh... Energy Prices
Whoever you are, and wherever you live in the UK, rising energy prices are something we are all becoming accustomed to. The skyrocketing price of wholesale gas in Europe has driven a huge increase in the price we pay for our energy, both gas and electricity. In this article we look at what this means for heat pump owners compared to traditional fossil fuels, and whether there’s anything you can do about it.
Green levies to be switched from electricity to gas
The Government plans for the cost of green levies - which raise money to pay for climate change policies - to start coming from your gas bill instead of your electricity bill. This is great news for heat pumps, because it means that by switching from gas to an electrically-powered heat pump, you will save even more on your running costs.