As the energy regulator Ofgem today announces an increase in the annual energy price cap from April 2025, homeowners are facing yet another surge in home energy costs. This marks the third consecutive quarterly rise, primarily driven by escalating gas prices. Consumers are now paying 50% more for energy than before the start of the Ukraine war.
In response, Energy Secretary Ed Miliband has urged households and companies to back net zero to bring costs down. Zero carbon homes, such as those under construction at Kempster’s Reach by Newland Homes in Worton, near Devizes, offer a solution to spiralling energy costs, helping to potentially save up to £64k over the next 25 years.
Zero carbon homes produce as much prime energy as they need to run from renewable sources. By incorporating advanced insulation, solar panels and air source heat pumps, zero carbon homeowners can achieve energy independence and shield themselves from the unpredictability of the energy market.
73% of households in England and Wales use mains gas for central heating*, showing how reliant the nation currently is on fossil fuels.
Newland Homes began building zero carbon homes in 2021. Since then, the energy price cap has risen multiple times. However, the price cap is often misunderstood. It does not represent a maximum bill, but rather an average usage threshold. Many households are paying far more than the headline figure, especially those in older, less efficient homes.
Marcus Evans, Sales & Marketing Director for Newland Homes, commented: “The reality is that while the nation continues to live in homes run on fossil fuels, energy companies have us over a barrel. The price cap gives the illusion of a limit, but in truth, households are paying much more. The average annual energy bill for an older four-bed detached home is currently £3,154, and this will increase in April. In comparison, it currently costs just £595 to heat and power an energy efficient brand-new home. That’s a whopping saving of nearly £64k over a 25-year mortgage term.”
Marcus continues: “Our commitment to building zero carbon homes over the past three years has empowered homeowners to insulate themselves from the volatility of energy prices. By investing in energy-efficient technologies and design, our residents enjoy greater financial stability and contribute to a more sustainable future.”
With energy costs projected to continue their upward trajectory, and stamp duty land tax also increasing in April, transitioning to a zero carbon, energy-efficient home now is a proactive step toward financial stability and environmental responsibility.
Prices at Kempster’s Reach start from £435,000 for a three-bedroom, detached home. Tailor-made appointments are available daily, please call 01380 590079 to book. For further information please visit www.newlandhomes.co.uk/worton or follow Newland Homes on social media @newlandhomes
Article from Vox PR and Marketing
