Summer is drawing to a close, and the grim financial reality of rocketing energy prices will soon become all too clear as households turn on their central heating. The annualised energy price cap is set to hit £6,600 by next April, warns the think tank Cornwall Insight, which is around six times what households were paying before the pandemic.
Exorbitant energy prices mean that having a well-insulated house is more valuable than ever. As the price of gas – which heats 85 per cent of UK residential buildings – increases, so too will energy savings from measures like cavity wall insulation, double glazing and loft insulation.
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