Skyrocketing energy costs and how to mitigate the impact.

Unfortunately, we haven’t yet seen the worst of the rising cost of energy. The effect will hit us with full force in the coming months! You have probably already experienced with electricity renewal contracts in the last few months that they are significantly more expensive than they were a year ago – and, with such an unstable energy market, there isn’t an end in sight for the skyrocketing costs. Now could be the best moment to explore how adding building automation can reduce energy usage; helping you to cut energy bills and reduce your carbon footprint.

The rising cost of Gas and Electricity at a glance

Despite the announcement of the £2,500 Energy Price Cap for households, the cost of Electricity and Gas continues to increase. The Cap gives peace of mind for the next 2-years, but it’s not time to be complacent. Based on the below graphs, which looks at wholesale cost of electricity and gas, the trend alone is enough of a reason to explore how adding smart energy management to residential or commercial buildings could bring a return on investment sooner rather than later.

Energy Saving Potential in Commercial

There is no energy bill Ofgem price cap for businesses. But, the UK Government has announced plans for “equivalent support” for a 6-month period. That said, this is unlikely to completely protect businesses from the rising cost of electricity and gas needed to operate – whether it be in offices, factories, or other commercial premises. It has probably never been more important for the likes of building and facility managers to look for ways to reduce energy usage to aid in tackling as much of the price hikes as possible.

Source: finder.com

With air conditioning and lighting accounting for more than half of the average office energy bill, a solution like Loxone can make a considerable difference in saving energy by simply automating these features in a more intelligent way; offering convenience and energy saving without compromising on the comfort level of the office itself.

Energy Saving Potential in Residential

Households are trying to change habits to mitigate the impact of the continued energy price hikes. A recent government report found that 43% of homeowners said they would ‘heat for fewer hours’ to reduce their energy bills. Other respondents said they would ‘heat to a lower temperature’ and ‘heat less of the home’…

Naturally, using less energy means spending less – but that comes with a great level of compromise; not being at a comfortable temperature and having to be constantly monitoring thermostats and changing them if people are coming round or you are away. This is where Loxone comes in and is perfect for lowering your heating energy usage without compromising on comfort and convenience. Whether it is central heating with radiators or zoned underfloor heating – the return on investment of smart heating control is becoming more and more apparent.

Source: Ovo Energy

With heating only being a portion of our dual fuel bills, there are certainly other opportunities to introduce energy management in our homes. Being more efficient with appliances, not leaving lights on, and turning off devices in standby mode can all make a difference. Loxone is a versatile solution for managing all of this for us, so we can benefit from the reduction in wasted energy without us having to take on more responsibility at home.

Home & Building Automation:
Top 3 energy-saving opportunities

Reducing your own energy consumption is a great way to keep massively rising costs under control. Home & building automation can support you significantly in this – without having to sacrifice comfort. Here are three areas of application where Loxone can do this for you.

Energy Management

What gets measured, gets managed. The old adage rings true with energy too. By being more aware of how we use energy in residential and commercial spaces, we can optimise our behaviour. Loxone also takes care of automating this for us.

Smart Energy Management

In the Spotlight:
Smart Home halves energy bills with Loxone

Ready to use Loxone for
smart energy management?

Whether you want Loxone installed or you want to start offering your customers Loxone, speak to us about making that happen.