The savings by technology
The table below courtesy of The Eco Experts shows the potential costs and savings for each eco-home technology:
Low-carbon technology
|
Average cost (3-bedroom house)
|
Typical lifespan
|
Break even point*
|
Average energy bill savings per year*
|
Savings over 20 years
|
CO2 emissions saved per year
|
CO2 emissions saved over 20 years
|
Solar panels
|
£4,800
|
25-30 years
|
9 years
|
£530
|
£10,600
|
0.65 tonnes
|
13 tonnes
|
Storage battery***
|
£4,500
|
15 years
|
Never
|
£422
|
£8440
|
0.94 tonnes
|
18.8 tonnes
|
Double glazing
|
£7,500
|
25-30 years
|
Never
|
£145
|
£2,900
|
0.33 tonnes
|
6.6 tonnes
|
Cavity wall insulation
|
£1,200
|
25 years
|
4.2 years
|
£285
|
£5,700
|
0.66 tonnes
|
13.2 tonnes
|
Roof insulation
|
£530
|
40 years
|
2 years
|
£255
|
£5,100
|
0.58 tonnes
|
11.6 tonnes
|
Air source heat pump
|
£10,000
|
20 years
|
Never
|
£5
|
£100^
|
2.5 tonnes
|
50 tonnes
|
Electric vehicle charger
|
£950
|
5-10 years
|
5.3 years
|
£252****
|
£5,040
|
N/A
|
N/A*****
|
Smart thermostat
|
£225
|
10 years
|
2.3 years
|
£100
|
£2,000
|
0.5 tonnes
|
10 tonnes
|
Total
|
£29,705
|
-
|
9years
|
£1,863
|
£37,260
|
6.16 tonnes
|
123.2 tonnes
|
*Based on current electricity prices at 28p per kWh
**Break-even point is based on when savings exceed initial purchase cost
***When combined with solar panels
****When compares with charging your electric vehicle at a public charge point
*****In most cases, you use the same electricity whether you’re using it at home or in a public place
^Based on the fact that you would have to buy a new gsa boiler after 15 years