British Gas owner invests in new boiler technology

Compare energy deals and switch in minutes

Compare energy deals and switch supplier to cut your bills by £477*

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

*Between 1 Jan 2019 and 30 June 2019, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £477 or more.

The owner of British Gas has announced plans to invest in a company developing new energy efficient boiler technology.

Under the new agreement, Centrica is buying shares in Ceres Power and is planning to help the firm in its manufacture of new household boilers which can cut carbon emissions by 50 per cent.

In addition, British Gas is to provide funding to the company to help in its preparations for the launch of its latest products.

Gearoid Lane, the director of British Gas New Energy, said that the technology could play a major role in helping the government hit carbon emission targets.

"If the government's target to reduce CO2 emissions is to be met, households and property developers must look at ways of reducing emissions and this technology will play an important part in doing this," he explained.

British Gas recently launched a new initiative to research the best ways in which UK households can reduce their emissions, including the use of insulation and energy efficient light bulbs.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more