Today's announcement should provide a welcome boost to the Government's ambitions to reduce the amount of energy that is wasted through poorly insulated homes and reduce the number of people in so called 'fuel poverty'.
Cardiff, UK (PRWEB) April 24, 2009
Gareth Kloet, head of energy prices at Confused.com, has commented on how the 2009 budget will affect household energy use:
"It's reassuring to know the Chancellor has taken this opportunity to reaffirm the Government's financial help for households that rely on the 'winter fuel payment'.
"Last year the Chancellor increased winter fuel payments in recognition of the staggering rise in electricity and gas prices. Today he has maintained them at their current level in this Budget, so that over 60s can continue to enjoy the higher allowance. The £250 for households, including those over 60yrs, and £400 for those over 80yrs, is great news, especially as this years price cuts by the energy companies have been dismal.
"In addition to the measures that seek to build on the one million homes insulated last year, this year's Budget announced an additional £375million to support energy and resource efficiency. With further investment in schemes such as the home insulation grants, the Government seems to have hit on a winning formula, although it's yet to be seen exactly how this money is to be invested.
"Today's announcement should provide a welcome boost to the Government's ambitions to reduce the amount of energy that is wasted through poorly insulated homes and reduce the number of people in so called 'fuel poverty'."
For further information please contact:
Gareth Kloet, head of utilities Confused.com: 07966 722063
Joanna Harte/ Gug Kyriacou, Polhill Communications: 020 7655 0550
Press office, Confused.com: 02920 434 398
Notes to editors
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 car insurance, 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 insurance.
Confused.com has all of the 'Big Six' energy providers on its panel, customers can save £252* on their annual energy bill by switching with Confused.com
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 FSA.
*] Confused.com customers saved an average of £252.37 on their annual energy bill in 2008.