Energy supplier to slash prices by 5%

One of the UK’s largest energy suppliers has revealed plans to cut its energy prices by 5%, which would amount to savings of around £35 a year for the average households, a recent news report has revealed.

British Gas said they would cut gas prices by 5%, their second price reduction in six months. The price cut will benefit 6.9 million customers on the firm’s standard and “fix and fall” tariffs, and will come into effect on August 27th.

Managing director Mark Hodges said the cut reflects lower costs.

He said: “British Gas is committed to offering competitively priced products and the price cut we’re announcing today demonstrates that.

“It’s the second price reduction from British Gas this year, bringing bills down by an annual average of £72.

“There are a range of costs that make up energy bills, some decreasing and others increasing. This reduction reflects our lower projected total costs for 2015 and 2016 and we’re pleased that customers will see the benefits in their gas bills ahead of next winter.”

Relying solely on energy suppliers to achieve energy savings is not a very good idea, especially since prices could go up as easily as they want down, at any given moment. For this reason, implementing energy efficiency measures is a much better choice, and this is specifically where HeatSave can help.

Wireless programmable thermostatic radiator valves offers the best returns in terms of energy efficiency. The HeatSave wireless TRVs enable users to set specific functioning times for each valve, and, since radiators are individually controlled, home owners are fully capable to maximise the zoning potential and reduce energy consumption in those areas that are not used for longer periods of time (as for example, dining or sitting rooms and kitchens during the night, etc.).

Additionally, the HeatSave wireless thermostatic radiator valves also provide an automatic exercising feature when unused for 7 days, whose purpose is to minimise seizing of radiator valves in warmer months.

All in all, the HeatSave TRVs enable users to achieve some pretty impressive savings, as they will help reduce your heating bills by up to 30%, especially when coupled with the HeatingSave Building Energy Management System.

If you want to find out more about the HeatSave wireless thermostatic radiator valves, our dedicated team is eagerly waiting to answer all of your questions.