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Last Post by Mars 4 years ago
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 Jon-C
(@jon-c)
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Topic starter 03/04/2021 6:35 pm  

Interesting article in the Times today, here is the link but its behind a paywall:

New homes trap owners in high-cost energy deals | News | The Times

Lots of interesting comments too but the gist is:

"Thousands of homeowners are locked into expensive heating contracts with no option to change providers because of an unregulated government green-energy initiative.

People whose homes have communal heat networks are being charged up to four times their previous energy bills because their development has one communal heat source, usually a biomass boiler or heat pump.

The tariff is set by developers or managing agents and energy providers and, in some cases, is locked for ten years. There are more than 14,000 heat networks providing warmth and hot water to nearly half a million consumers. In London, all new large developments must be attached to a heat network, and by 2025, all new homes nationwide must be powered by low-carbon systems. The rules aim to help to hit the government’s 2050 target for net zero emissions."

"An investigation into the Phoenix Works development in Tower Hamlets, east London, by Fuel Poverty Action found that residents were paying 13.77p per kWh for heat, which for the average two-bedroom flat would cost £822 a year, although some residents were paying more than £1,200. The average annual cost of gas for a three or four-bedroom house is £572."

 

 


   
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Mars
 Mars
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03/04/2021 8:29 pm  

Thanks for sharing Jon. Very interesting.

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