Why it isn’t too late to do something about the winter fuel payment increase – the answer’s on the wall
The United Kingdom has been experiencing a cost of living crisis for a number of years now. The price of basic provisions does, in some cases, continue to go up. A big problem for UK homeowners is how to manage the balance of saving money and living comfortably.
30% of the 25 million homes in the UK are a little trickier to insulate, because they are built of solid walls.
As a result, homeowners are becoming more interested in internal wall insulation as an option, and it is turning out to be a good investment in the long run. Fortunately, support is available.
Improve your home’s energy efficiency through your energy supplier
Talk to Residential Energy Services about how we can help source support towards making your home more energy-efficient. Internal wall insulation, amongst a variety of home retrofit improvements are available through schemes, like ECO4 and The Great British Insulation Scheme, which are accepting applications. We’re here to help you get started.
Until then let’s take a look at some of the benefits of internal wall insulation and why they are transforming homes during the cost of living crisis.
Manage energy costs with energy efficiency
The most important benefit of insulating the interior of walls is the huge increase in energy efficiency that it provides.
When you insulate the inside of your home’s walls, you create a thermal barrier that not only helps keep heat in during the colder months but also helps keep your home cooler during the warmer months.
Because of this, you will have less need to rely on traditional heating systems, which will result in lower overall energy usage as well as cheaper monthly bills.
Lower your energy bills
By adding internal wall insulation to your home, you could save as much as £930* per year.
The UK’s cost of living crisis has put considerable pressure on household budgets. Internal wall insulation can help reduce this risk by reducing your heating bills. Your home will stay warm for extended periods of time without requiring you to adjust the temperature on the thermostat. This results in decreased monthly energy bills and significant annual savings.
*The Energy Saving Trust estimate for gas-heated detached homes, October 2022.
Improve your impact on the environment
Internal wall insulation has a beneficial effect on the environment, in addition to the financial benefits it provides. Your carbon footprint will drop, according to the amount of energy you save on heating your home. Internal wall insulation is a proven investment for contributing to a healthy planet.
Improve your property value
Investing in internal wall insulation isn’t just about immediate cost savings; it can also boost your property’s value. Potential buyers are more likely to be interested in purchasing a house that has good insulation.
When it comes time to put your home up for sale, you may anticipate a higher selling price in addition to a sale that takes place more quickly.
Improve comfort at home
We should all be able to live in an environment that is comfortable throughout the entire year. Insulating the inside of your home not only helps you save money but also improves the overall quality of your life.
In the cold winter months, you won’t have to endure chilly drafts or cold spots in your home. During the heat of summer, your home will continue to maintain a warm but pleasant temperature, maintaining a consistently comfortable environment.
ECO4 – Your energy bills support scheme
The UK government is keen on encouraging energy efficiency improvements in homes. Homeowners have access to a number of programmes, schemes and financial incentives that can assist them in increasing the energy efficiency of their properties.
In April of 2022, the government began implementing ECO4, the fourth stage of the Energy Company Obligation. Those who are receiving benefits that meet the requirements can submit an application to obtain whole-house retrofit payment support, which will be financed by their energy suppliers.
Home upgrades that qualify as ECO4 eligible may include installing internal wall insulation.
GBIS (The Great British Insulation Scheme)
The Great British Insulation Scheme is the government’s latest initiative to insulate as many homes as quickly and cost effectively as possible. Under the GBIS scheme, eligible households can receive one of a number of home energy efficiency measures, including wall insulation. This could include cavity, solid wall or internal wall insulation.
If internal wall insulation sounds like the right solution for you, make sure you check your GBIS eligibility as it’s granting thousands more homes access to energy saving home improvements.
Talk to us about internal wall insulation and saving on energy bills
Increasing the quality of the insulation in your home is one of the best ways to cut down on your monthly energy costs, minimise the amount of damage you do to the environment, and make your home more comfortable. You may also be able to raise the value of your property and make use of the help offered by the government and support scheme in order to compensate for the initial costs.
It’s possible that your local council or region has funding opportunities available. Please fill out our short eligibility form and we will get back to you as soon as possible to discuss the potential retrofit measures.
