Rising energy costs may increase demand for stoves
The number of people investing in new stoves or stove spares may rise as a result of increasing energy costs. After all, consumers are looking for ways to save cash and by investing in efficient stoves and keeping them in a good state of repair, individuals may be able to reduce their reliance on mains gas and electricity.
Recently, Which? drew attention to the issue of soaring energy bills. It pointed out that the UK’s gas stocks are reported to be shrinking because of the freezing wintry weather. Last month saw blizzards and icy conditions affecting many parts of the country, with temperatures well below the average for the time of year.
The consumer group noted that demand for gas was 20 per cent higher than the seasonal average, adding that if Britain has to import more gas from overseas, it is likely that the increased cost of wholesale gas will be passed onto consumers through their utility bills.
Meanwhile, Which? also pointed out that energy prices are already the top financial concern for more than eight in ten UK consumers.
As well as investing in new stoves or keeping their current versions going with the help of wood burning stove spares, people may also benefit from taking other forms of action.
For example, Which? recommended boosting the energy efficiency of homes by blocking draughts from doors and windows, stating that this can save households around £55 per year. Meanwhile, replacing old gas boilers with new versions can reduce costs by an even greater margin of up to £300.
In addition, people may benefit from swapping to new energy providers. Commenting on this issue, Which? executive director Richard Lloyd said: “Prices will only be kept as low as possible if there is more effective competition and switching between energy companies.”
