UK Government FINALLY Plans to Lower Electricity Costs

Yes you read that right - the UK Government is launching a consultation later this year in order to balance and cut electricity costs. Currently, homeowners using electric heating are paying 18p per kWh more than gas customers.To tackle this issue, the government aims to make electric heating more affordable and attractive to homeowners. Here’s what you need to know:

What’s Happening?

1. Lower Electricity Bills: The government wants to reduce green levies on electricity, making it cheaper compared to gas.

2. Boosting Renewable Energy: The Review of Electricity Market Arrangements (REMA) will expand renewable energy and improve grid capacity. This involves upgrading the infrastructure that transports electricity from power plants to homes, making it more efficient and capable of handling higher volumes of renewable energy.

3. Political Challenges: While this change is complex, especially during an election year, the government will have to find alternative funding to remove the green levies from electricity, so we may see some changes elsewhere. 

Why This Matters:

Lowering electricity costs is crucial for making electric heating system more affordable and efficient. But it’s not just about saving money—it’s about achieving the UKs net-zero goal by 2050.

Heating accounts for 13% of the UK’s carbon emissions, making it essential to convert to electricity to reduce these emissions as soon as possible. Transitioning to electric heating powered by renewable sources significantly reduces our carbon footprint and helps combat climate change. This initiative is essential for the UK to achieve its net-zero goal by 2050, reducing carbon emissions and promoting a cleaner, greener future.

Cost is a huge barrier for homeowners looking to switch to electricity. By making electricity more affordable, the government removes this significant barrier, encouraging homeowners to adopt cleaner, more efficient heating solutions. 

Your First Steps To Switching to Electric Heating

Ready to make the switch to electric heating but worried about the cost and effort? Our hybrid hero approach is the perfect solution. It allows you to try the NEOS electric radiators without fully converting from your existing gas system. This means you can spread the cost and gradually transition to electric heating, making it easier on your budget.

So why the NEOS over all the other electric heating systems on the market? 

Not only is the NEOS electric radiator, the UK’s most awarded electric radiator but we also understand that running cost’s are a huge factor when upgrading your heating system. That’s why we designed the NEOS with cutting-edge technology which makes it up to 59.4% cheaper to run than other electric heating systems. Here’s how:

• Soapstone Core: Retains heat efficiently, reducing the need for constant electricity usage.

• Quadvex Convection: Innovatively pushes 40% more heat into your room, ensuring optimal warmth.

• Modular Design: Easily replace the top, front, and side panels for repairs or if you want a fresh look, without the cost of a full radiator replacement.

• 25-Year Warranty: Enjoy peace of mind with comprehensive coverage for 25 years if anything goes wrong.

Want to know more about our running cost’s?

At Trust Electric Heating, we’re excited about these changes and how they align with our mission to provide top-notch, sustainable heating solutions. The NEOS radiator is ready to meet the growing demand for efficient, eco-friendly heating.

Stay tuned for more updates, and if you’re thinking about switching to electric heating, now is the perfect time

A Bright Future for Electric Heating

The government’s initiative to lower electricity costs is a significant step toward making electric heating more accessible and affordable for everyone. With the removal of cost barriers and the adoption of renewable energy sources, the journey to achieving the UK’s net-zero goal by 2050 looks promising. 

At Trust Electric Heating, we’re committed to providing top-notch, sustainable heating solutions to help you make this transition smoothly and cost-effectively. If you’re eager to get ahead of the crowd, why not give us a call on 0800 599 9109.

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