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Halstead: Peter’s novel idea means the energy firms are paying him
3:00pm Friday 25th October 2013 in News
With energy prices very much under the spotlight, Peter Twyford would be right to feel just a little bit pleased with himself.
As we face continual increases to the cost of living, he is benefiting from a wise decision that not only slashed his electricity bills but put him in profit.
Four years ago Peter, who ran his own energy efficient blinds business for 23 years, had an annual energy bill of more than £2,500.
Getting ready to retire and facing the demise of his boiler, he wanted to tackle the issue.
As well as knowing a lot on the subject from his business, Peter also learned more about energy efficiency from relatives living in Sweden, where ground source heat pumps and high insulation levels are the norm.
“I wanted to invest in a long-lasting, environmentally friendly energy solution,” said Peter, of Wakes Colne.
So he got rid of his boiler, replacing it with an air source heat pump which uses heat from the outside air to heat the radiators, which he also changed, as well as buying a large hot water cylinder.
Two years later, he put in 14 solar panels so he could generate his own energy and, under the Government’s Feed-in Tariffs, sell back what he doesn’t use to the National Grid.
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