British Gas predicts 100 pound drop in gas and electricity bills

The warmer weather experienced across the UK this autumn, coupled with enhanced energy efficiency measures, will help drive down energy bills by up to 100 pounds, British Gas has recently suggested.

British Gas parent company Centrica has argued that, with warmer than normal temperatures in the year to date in the UK, compared to colder than normal temperatures in 2013, average residential gas consumption for the first ten months of 2014 was 21% lower than for the same period last year, with average electricity consumption 7% lower. As a result, we expect the average British Gas residential dual fuel bill to be around £100 lower in 2014 than in 2013.

The company also suggested that the number of residential energy accounts on supply has fallen by 50,000 since the end of June 2014 and now stands at just over 15.0 million. Nevertheless, the group returned to account growth in recent weeks following the launch of our competitively priced Sainsbury’s Energy tariff in September.

Full year adjusted earnings per share in 2014 are now expected to be in the range 19-20p, compared to a range of 21-22p at the time of our Interim results. This change reflects mild UK weather in the second half of the year to date, trading conditions for British Gas Services, and the impact of boiler spine inspections at the Heysham 1 and Hartlepool nuclear power stations.

Relying solely on warmer weather to reduce one’s energy bills is never a good idea on the long-term, and that’s specifically the reason why a proven energy management system is always a recommended option.

The HeatingSave Building Energy Management System is registered on the Government Energy Technology List, which means that users can easily obtain Green Deal funding in order to have the system installed.

Plus, since it allows home owners to cut energy bills by up to an impressive 30%+, HeatingSave is the perfect energy-saving measure to implement, given the huge long-term savings it enables.

The system is built around the idea of optimizing the energy consumption levels within any area with the help of an advanced heat-loss algorithm that creates a specific profile for any building and based on that, switches heating on later if its warm and off earlier if its cold.

It also automatically adjusts your boiler depending on how warm it is outside – save up to another 10%.

Additionally, the automatic occupancy detection allows the temperature to reduce to a background when areas are not used and quickly brought up to temperature when they are being used.

If you’d like to find out more information on the HeatingSave energy management system and the way in which one can take advantage of it in conjunction with the Green Deal program, just contact our dedicated team, they’ll be more than happy to answer all of the questions and queries you might have.

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