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Article Date: 18th April 2013

Daikin UK - Rural Home Owners Urged to Turn to Renewables to Avoid Rocketing Oil Prices

Renewable Heating - Heat Pumps - Renewable Energy - Climate Control

Daikin Farmhouse

Following the coldest March for 49 years, home owners in rural areas are being urged to think about installing renewable heating systems as a way of beating rocketing oil prices and ensuring future fuel security.

Rising international demand for oil and coal, plus falling UK production of gas have all put pressure on energy prices, which rose again last year, with most major energy suppliers increasing prices by 6‑11% in Autumn 2012. That trend is unlikely to change in the near future and consumers are being urged to shop around for the best value energy provider.

But very often those living in rural areas are unable to easily reduce their fuel costs as their homes are not connected to the cheaper gas supply grid and they are reliant on oil or solid fuel deliveries to heat their homes. And with forecasts suggesting that energy prices could go up by as much as 15% in the next 18 months, the situation is only set to get worse for these home owners, who are already paying well above average for their heating fuel.

However, renewable heating systems, such as air source heat pumps, are increasingly being viewed as a highly energy efficient and cost effective way to heat a home. They also provide fuel security, negating the need for expensive and unreliable oil or solid fuel deliveries, and the associated high up front purchase costs.

Peter Verkempynck, Managing Director of Daikin UK, Europe’s leading manufacturer of renewable energy air source heat pumps explains: “Home owners are often told to shop around for the cheapest energy supplier. However, if your heating system relies on local oil or coal suppliers, it can be hard to reduce your fuel bills. This is where renewable energy technologies, such as air-to-water heat pumps, come in. They absorb heat from the air and transfer it into the central heating and hot water system. They provide a greener source of energy, lowering a home’s carbon footprint, when compared to oil, coal or LPG.”

“With Government funding recently announced that could help with installation costs, home owners can protect their families from the worst of the price rises and improve their fuel security.”

Figures from the Energy Saving Trust back up Verkempynck’s claims. They suggest that air-to-water heat pumps can save around £600 a year when replacing electric heating systems, or approximately £300 when replacing oil – resulting in typical heating bills being up to 40% lower.

However potential savings vary dramatically and may be much greater depending on the type of heat pump chosen and the size of system required.

Grants are available from the Government in the form of the Renewable Heat Premium Payments scheme, which offers £850 towards the cost of an air source heat pump. When moving to renewables, householders are urged to choose MCS accredited products installed by an MCS accredited installer to be sure to qualify for the grant.

These incentives are designed to help households replace their existing fossil fuel-based heating systems with renewable-based ones.

Mark and Julie Burton, who own a 16th Century farmhouse near Mansfield replaced their oil boiler with a heat pump system and have seen their fuel bill fall by £1,000 (35%) over the first year.

Mark said: “The Daikin Altherma heat pump ticked every box. The unit was a direct replacement for my costly, inefficient oil fired boiler and I had the reassurance of relatively stable energy prices throughout the year, with no fears that the £700 worth of oil stored outside in a plastic tank might be stolen.”

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