Energy customers urged to improve home efficiency

February 26, 2010

British energy customers have been urged to pay out for energy-efficient home improvements to negate the long term cost of rising energy prices.

The guidance comes as many fixed-rate energy tariffs are set to expire leaving many customers facing prices that are much higher than when they last agreed a deal.

Andrew Skipwith, founder and chief executive of price comparison service Ratedpeople.com, said: "In the short term, some DIY activities such as the installation of double glazing or loft insulation can cost enough to put home owners off, but were their heating bills to increase after the beginning of March, they could soon find that such measures will pay for themselves much more quickly."

Those who have invested in their own property could acquire the funds required to carry out such improvement through a funding scheme such as equity release.

These policies allow homeowners to draw funds from the value of their assets.
 Energy customers urged to improve home efficiency

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