Government scheme 'can reduce homeowners' payments to dual fuel providers'

Between 1 July 2019 and 31 December 2019, at least 10% of people who switched energy supplier for both gas & electricity with Uswitch saved £479 or more.

Households across Britain may find they are soon paying less to dual fuel providers as a result of one of the government's energy schemes.

Laurie Eve, director at Source Renewable, explains the feed-in tariffs (FITs) project has had a significant impact on the home power sector already.

He notes it has "really kickstarted" the market and made green energy a realistic prospect for many people.

"Before the FITs, a solar photovoltaic installation would probably take 25 to 30 years to pay for itself, whereas now a typical domestic installation would take eight to ten years to pay for itself," the expert states.

The immediate result of undertaking the scheme is likely to be a reduction in the amount paid to dual fuel providers through smaller bills.

Green insurance provider Naturesave recently announced it is launching a special policy for green energy customers, which it suggested can help to bring forward eco-friendly installations.

Posted by Richard Eden

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