Whilst everyone is enthusiastic about reducing their Carbon footprint, for most of us, being environmentally friendly still has to make economic sense.

According to BERR figures, for the last ten years heating oil and LPG has been getting on average 16% more expensive every year and the annual rate of increase has been rising by 1.6% per year- so not only is energy getting more expensive, the rate at which it is getting more expensive is also increasing. The average RPI inflation over this period has been 2.7%, so heating your home has been getting more expensive nearly 6 times faster than everything else! As global demand for oil and gas continues to increase, supplies continue to decrease and pressure on governments to reduce emissions grows; the likelihood is that energy will consume an ever

increasing proportion of our income whilst we stick with fossil fuels.

Over this period, the cost of wind and sunshine has not risen. It is and, is likely to always remain free!
With fuel prices continuing to rise and interest rates at an all time low; Renewables are looking a better and better capital investment- increasingly, investing your capital in solar panels, wind turbines, biomass boilers and heat pumps is likely to offer a more attractive rate of return than leaving your money in the bank.

We can’t guarantee what will happen in the future, but unless fossil fuels start getting cheaper for the long term- Renewables make sense for your pocket, as well as the planet