Confused.com Reveals Brits are Losing GBP2.5 Billion Through Poor InsulationBy Confused.com, PRNE
Sunday, December 12, 2010
CARDIFF, Wales, December 13, 2010 - Confused.com, the home insurance and quote comparison site, has revealed
that homeowners in Britain are wasting an estimated GBP2.5 billion through
poor insulation in their homes.
Of the 26.5 million homes in the UK, only 13 million have loft
insulation, which is a major energy saving method for retaining heat in the
home. Confused.com estimates that the lack of loft and cavity wall insulation
is costing the nation GBP2,493,500,000 a year.
In addition to this only 10 million homes have cavity wall insulation.
Figures suggest households can save GBP145 per year for loft insulation and
GBP110 for cavity wall insulation on their energy bills, meaning the nation
could be collectively wasting an estimated GBP2 billion.
Lisa Greenfield, energy analyst at Confused.com (www.confused.com/
), said: "All this snow means now is the perfect time for households to
assess their homes and check if they need better insulation. A quick look at
the roof will give them a clue, if the snow has melted then heat is
needlessly escaping. It is worth getting in touch with the local council to
check eligibility for grants. Any household with a resident aged 70 or over,
qualifies for a 100% grant for insulation. These things only need to be done
once, and can pay for themselves within a couple of years."
Confused.com recommends homeowners review their insulation during winter
months to help cut energy costs and reduce their carbon footprint in one fell
swoop. More details of how to do this can be found within the home insurance
(www.confused.com/home-insurance) guides section of the website.
Confused.com is one of the UK's biggest and most popular price comparison
services. Launched in 2002, it generates over one million quotes per month.
It has expanded its range of comparison products over the last couple of
years to include home insurance, travel insurance, pet insurance, van
insurance, motorbike insurance, breakdown cover and energy, as well as
financial services products including credit cards, loans, mortgages and life
Confused.com is not a supplier, insurance company or broker. It provides
a free, objective and unbiased comparison service. By using cutting-edge
technology, it has developed a series of intelligent web-based solutions that
evaluate a number of risk factors to help customers with their
decision-making, subsequently finding them great deals on a wide-range of
insurance products, financial services, utilities and more. Confused.com's
service is based on the most up-to-date information provided by UK suppliers
and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the
London Stock Exchange in September 2004. Confused.com is regulated by the
PR contact: Kelly Davies Friary House Greyfriars Road Cardiff CF103AE +44(0)2920-434398 www.confused.com
PR contact: Kelly Davies, Friary House, Greyfriars Road, Cardiff, CF103AE, +44(0)2920-434398
Tags: Cardiff, Confused.com, December 13, United Kingdom, wales