Enfield

Where ever you live in the UK from the far north to your location and all the way to the south, energy suppliers are a constant cause of stress and financial drain. We all want to pay less for our energy but with costs and tariffs changing all the time, it can be very difficult to make the right decision. This page will point you in the right direction for help in Enfield and much more.

When people are looking for ways to reduce expenses or make better use of their money, they often look at common household expenses like utilities, subscriptions and even those associated with entertainment and recreation. The biggest monthly outgoing is usually food and energy bills.

In order to get the best gas and electricity deals available you need to understand how the gas and electricity suppliers are set up and how they calculate your bills. Many people don’t have a clue about the structure of the utility market in the UK and as a consequence end up spending way over the odds for their heating and lighting.

If you are looking for a better deal on your utilities then it’s pretty likely you were not too happy with your last bill. Especially in these tough economic times, you need to make sure you are not paying more than you have to. Just recently there have been further reports in the press of how the wholesale price of fuels is coming down yet the suppliers are not passing on these savings to their customers.

The easiest way to find the best gas and electricity for your area is to use a price comparison website, this takes all the guesswork, sales hype and confusion out of the process and lets your quickly see who can give you a better deal. I have consistently found energylinx to get the best prices and I would recommend you check them out. Utility bills often have a high monthly price, and reducing your spending on this can mean having more money that you can allocate toward other things.

You might also want to consider downsizing your lawn by using more hard surfaces to reduce electricity use with your lawnmower. Or perhaps you use a timer for your winter heating when leaving the heat on at a low level has been shown to reduce consumption. Cooking individual meals for families that could eat together is also an energy waste that can be recovered. Installing solar panels can produce energy for use in your home but the amount generated and the saving made depends on the position of your home and the time scale you need to recover the initial outlay. New smart meters claim to save you money by making you more aware of the energy you consume each day. However, these are not available everywhere in the country and there have been some issues with the technology.

After covering saving energy used for cooking and heating water in your home or office, we can make the transition to reducing the amount of electricity used for refrigeration, washing and lighting. Remember, up to 25% of total energy consumption in a home comes from these three areas. But don’t feel overwhelmed. Here are a few easy to implement strategies that can save on energy bills going forward.

Start With Heating.

The lowest cost method for reducing consumption is utilising programmable thermostats. Every degree that you adjust by equal a 4–5% reduction in energy usage for that system. Also, don’t forget to program thermostats to turn on and off at the proper times and you will begin to see a reduction in usage. Add strip curtains and automatic door closers to walks ins and Installing ECM’s on evaporator and condenser fans can reduce usage by approximately 2/3rds. On the lighting side, you have options as well. Start by adding occupancy sensors in select areas such as closets, storage rooms, staff bathrooms, etc. Also adding high-efficiency LED bulbs can reduce lighting consumption by up to 50%. Many utilities will cover a percentage (my local utility covers up to 70%) of the cost to purchase the bulbs, significantly improving ROI.

By implementing these simple strategies we have covered, you are well on your way to energy savings by reducing consumption which is a key element in any energy management plan.

electricity using gas

Top Ten Energy Saving Tips and Ideas

Why is Britain ignoring the solutions to slow Broadband?

Whatever Britain is being told — and sold — about fibre to the home broadband, it’s not the whole truth. Fibre to the home doesn’t exist in the UK — for all but a privileged few, and those who have taken matters into their own hands. Debate is raging at fever-pitch and an early trend for frustrated DIYers is growing. Whatever the rhetoric; Britain’s broadband is not keeping up. Ten years on, and with very little changed, the fibre/copper debate is now a full-scale battle. Technology has moved faster than anticipated and the country remains reliant on an old and creaking copper network. Anglo-Italian cable technology company Tratos Ltd says the solution is within the UK’s grasp, but it’s being ignored. Tratos CEO, Maurizio Bragagni said: “BT may own the existing, out-dated infrastructure, but it’s not the only route to a solution, or into people’s homes. We have technically advanced fibre optic cables that can travel just as efficiently thru other utilities’ routes to the home — gas, water, electricity.“All of the utilities are investing in a smart grid to control and monitor resources flowing into homes. There is no reason they can’t use fibre rather than copper to achieve supply controls now — and introduce fibre to the home which broadband can effectively piggyback, circumnavigating existing copper. All we need is the Government to open up the race for the right solution. Clever technology companies will respond and start the process right now” Last week tens of thousands of businesses, employing 4.5m people, told the Government they can ‘no longer remain silent’ about patchy broadband and how their companies’ performance are being “severely affected”. Business owners warned of slow Broadband’s negative impact in a letter to John Whittingdale, the Culture, Media and Sport secretary, signed by 52 Chambers of Commerce, representing 75,000 companies. http://www.telegraph.co.uk/finance/enterprise/12123274/Tens-of-thousands-of-businesses-tell-Government-they-can-no-longer-remain-silent-about-patchy-broadband.html Industry regulator Ofcom, says it is concerned about a mismatch between broadband speeds that small firms believed they were buying and the service actually delivered. A new Ofcom voluntary code will commit broadband suppliers like BT TalkTalk and Virgin to allow business customers to exit the contract if speeds fall below a minimum guarantee level. Tratos’ view is — it’s not enough. The talking has to stop and work that should have been undertaken a decade ago, begun. Developing world communities have faster connectivity while the UK remains heavily handicapped and unequal in the fight to remain one of the dominant commercial powers. Even investment now is likely to see Britain left lagging by up to seven years as it struggles to catch up, says Tratos’ Maurizio Bragagni. Countries like Italy don’t have fast speeds across the nation right now, but they are better placed to achieve them quickly, especially in the cities. Once Italy takes up a true fibre solution at a reasonable cost, thanks to an early acceptance of the future shape of commerce and action to facilitate change, it will also outstrip the UK. Arguments that true fibre to the premises is not affordable — ever — for the UK (from Gavin Patterson of BT) are ridiculous, says Mr Bragagni. Whilst speeds obtained currently are, in many instances acceptable, if not competitive now, this will not be the case in the near future. Inevitably, copper will become redundant and fibre will have to be installed.

400,000 small and medium-sized companies still do not have access to superfast broadband

A new report ‘Broadbad’ backed by 121 cross-party MPs calls for BT to be forced to sell the country’s leading broadband provider Openreach because of poor performance.

The report suggests BT’s Openreach has only partially extended superfast broadband despite £1.7bn of government money and its sale would open up the race for speed to competition. The MPs’ cross-party British Infrastructure Group (BIG) claims 400,000 small and medium-sized companies still do not have access to superfast broadband and more than five million people have unacceptable download speeds. The Broadband report says there would be little change until BT and Openreach were formally separated, and adds that Openreach “makes vast profits and finds little reason to invest in the network, install new lines or even fix faults in a properly timely manner”. The BIG group, led by Grant Shapps, points to underinvestment stemming from the “natural monopoly” of BT and Openreach as the primary factor holding the UK back and costing the economy £11bn a year. Speaking to the BBC he accused BT of being “a monopoly company clinging to outdated copper technology with no proper long-term plan for the future.” Mr Bragagni is whole-hearted in his support of the report. He says: “We are in an interesting position. We can see the challenges from within the UK, and we look at the UK’s commercial viability from a global perspective. As a company that has committed investment here what we take away from a critical view is that what we have today is unsustainable. And there is no practical reason for us not to be among the top ten for broadband speed.”

Broadband speed in the UK barely makes it into the world’s top 20 countries for connectivity.

The UK is trailing Japan, S Korea, Switzerland, Netherlands, Canada, Sweden, Latvia, Ireland, Czech Republic and more. Only 38% of UK internet users have access to high-speed 10 Mbps broadband. In Saudi Arabia, the figure is 84%.

The UK drops even further in the rankings when it comes to peak internet speeds, maxing out at 48.8 Mbps and landing 24th in the world rankings. (The peak connectivity speed in Saudi Arabia is 484.4 Mbps: Australia, Kuwait, Japan and Singapore also hit triple figures). In June 2014 Saudi Telecom Company (STC), the country’s leading telco in terms of subscribers announced it had passed a 900,000 households milestone with its fibre-to-the-home (FTTH) network. Going forward, the operator continues to extend the footprint of its fibre network with a FTTH network supporting triple-figure download speeds. STC introduced its FTTH services in August 2010. Source: http://www.huffingtonpost.co.uk/2015/03/27/uk-broadband-speed-world-rankings_n_6953840.html Closer to home Irish company Eir is pushing forward FTTH connectivity, passing the 1.4m homes mark with fibre-based broadband at speeds of up to 100Mbps. The company aims to provide fibre broadband to 1.9m homes by 2020, revising a previous target of 1.6m, which it will surpass by the end of this year. Eir is also currently deploying 1Gbps speeds using fibre-to-the-home technology to 66 towns within the 1.4m premises and currently, 28,000 premises in 16 towns can now get 1Gbps speeds alongside the Irish Government’s investment in a super-fast fibre network. Little wonder broadband dependent mega-companies like Google list connection speed as one of the deciding factors in choosing Ireland as a strategic base. The Irish Government has said of its own initiative to ensure the final 750,000 homes and businesses deprived of broadband are finally connected with at least 30Mbps: “This is the biggest broadband intervention in the history of the State. We can’t even leave a few people behind.” BT, which owns Britain’s copper network and manufactures copper cable, has expressed an interest in tendering for this fibre optic cable work in Ireland, demonstrating that what Britain needs can be done. https://www.siliconrepublic.com/comms/2015/12/22/broadband-intervention-ireland-procurement The UK generates more money online than any other G20 nation, but for how much longer, says Tratos. The internet is a bigger part of the British economy than education, healthcare or construction. “Britain is being frozen out of the next industrial revolution,” Peter Cochrane, a former BT chief technology officer, warned four years ago. “In terms of broadband, the UK is at the back of the pack. We’re beaten by almost every other European country and Asia leaves us for dust.” This broadband blind spot is a critical factor influencing the health of the UK’s economy Other countries facing challenges on a similar scale began their investment trail significantly sooner than the UK and, even though their broadband speed may lag behind now, they are expected to leap-frog to a significant lead as infrastructure projects reach completion. Even where there are significant challenges that match/or are bigger than the UK’s — architectural and heritage sites to work around for example — others have found ways around the problem. Tratos wants to be part of the UK’s solution, and, it believes, it is one of a number of smaller, more agile and innovation-focused competitors that could be instrumental in making the change. Tratos has been a supplier of fibre to the National Motorway Communication Systems (Highways Agency) for more than 20 years. Its products are some of the most flexible for construction projects, with combined power and fibre optic needs. It has the ‘smart’ fibre cables that shoot down some of BT’s arguments on installation expense/disruption as copper gives way to fibre. In Europe, it has supplied fibre directly to apartment blocks using central distribution layout systems within the buildings, and a range of flexible cables that can be installed in almost any kind of duct. Its solutions include micro cables and microtubes, breakout cables, floating cable, cable (floating and sinking types) that can be pulled through sewers, dielectric self-supporting cables and multi usage cables employing techniques that see new cable installed at the same time as its copper forerunners are stripped out.

The real reason behind Britain’s slow Broadband is its gatekeepers.

They are the old network’s custodians who stand to take a financial hit in the short term but for whom Tratos sees mid to longer term gains. They are blocking progress for everyone else, but Tratos believes they could be part of the bigger solution — if they open up to collaborative working. The world of work has already changed. There are more sole traders working from home or small silo offices. There are also people working at home for larger companies, or working flexibly between the office and a home base. Speed is no longer simply an office environment issue. Tratos is focused on talking about how fibre could be delivered directly to the premises now. The company has the technology available, today. Italy trails the UK presently but as it has — and is investing in — a fibre infrastructure, that’s about to change. It has had the technology — and the desire to use it — since 2008. So, Italy is already ahead of the UK in investing in the technology that will see it overtake in the short to medium term. In effect, although much of the UK enjoys faster connectivity than Italy now — Britain is already lagging seven years behind the starting line on delivering next generation speeds. This is the technology that could take the UK into the top ten countries for broadband speed if BT was to invest or BT/Openreach was to separate. https://www.youtube.com/watch?v=rI3gnQadQI8 Telecom Italia is gearing up its ultra-broadband in Trentino-Alto Adige, bringing fibre to homes in Trento and Bolzano, and super-fast connections from 100 Megabits per second (and potentially up to 1 Giga). The initiative is part of the new national cabling plan in FTTH (Fibre to the Home) technology, from the Ministry of Economic Development through Infratel, which plans to reach 100 cities by March 2018. The new infrastructure programme goes beyond road cabinets directly into homes and offices with the goal of reaching 75% of the population by 2017. Existing infrastructure will be used to lay fibre optic cables and, in case of excavations, innovative low environmental impact equipment and techniques will be used that reduce work time, work site area, ground broken, material removed, paving impairment and consequently keep road repairs to a minimum. Some may see investment in a fibre network as a risk (cost). The cost if we don’t is significantly greater. The cold truth is that — whatever consumers believe — fibre to the home simply doesn’t exist in the UK.

Saving More On Energy Costs For Residents of Enfield

british gas electricity grant

How to Save Money on Your Gas and Electricity

Why is Britain ignoring the solutions to slow Broadband?

Whatever Britain is being told — and sold — about fibre to the home broadband, it’s not the whole truth. Fibre to the home doesn’t exist in the UK — for all but a privileged few, and those who have taken matters into their own hands. Debate is raging at fever-pitch and an early trend for frustrated DIYers is growing. Whatever the rhetoric; Britain’s broadband is not keeping up. Ten years on, and with very little changed, the fibre/copper debate is now a full-scale battle. Technology has moved faster than anticipated and the country remains reliant on an old and creaking copper network. Anglo-Italian cable technology company Tratos Ltd says the solution is within the UK’s grasp, but it’s being ignored. Tratos CEO, Maurizio Bragagni said: “BT may own the existing, out-dated infrastructure, but it’s not the only route to a solution, or into people’s homes. We have technically advanced fibre optic cables that can travel just as efficiently thru other utilities’ routes to the home — gas, water, electricity.“All of the utilities are investing in a smart grid to control and monitor resources flowing into homes. There is no reason they can’t use fibre rather than copper to achieve supply controls now — and introduce fibre to the home which broadband can effectively piggyback, circumnavigating existing copper. All we need is the Government to open up the race for the right solution. Clever technology companies will respond and start the process right now” Last week tens of thousands of businesses, employing 4.5m people, told the Government they can ‘no longer remain silent’ about patchy broadband and how their companies’ performance are being “severely affected”. Business owners warned of slow Broadband’s negative impact in a letter to John Whittingdale, the Culture, Media and Sport secretary, signed by 52 Chambers of Commerce, representing 75,000 companies. http://www.telegraph.co.uk/finance/enterprise/12123274/Tens-of-thousands-of-businesses-tell-Government-they-can-no-longer-remain-silent-about-patchy-broadband.html Industry regulator Ofcom, says it is concerned about a mismatch between broadband speeds that small firms believed they were buying and the service actually delivered. A new Ofcom voluntary code will commit broadband suppliers like BT TalkTalk and Virgin to allow business customers to exit the contract if speeds fall below a minimum guarantee level. Tratos’ view is — it’s not enough. The talking has to stop and work that should have been undertaken a decade ago, begun. Developing world communities have faster connectivity while the UK remains heavily handicapped and unequal in the fight to remain one of the dominant commercial powers. Even investment now is likely to see Britain left lagging by up to seven years as it struggles to catch up, says Tratos’ Maurizio Bragagni. Countries like Italy don’t have fast speeds across the nation right now, but they are better placed to achieve them quickly, especially in the cities. Once Italy takes up a true fibre solution at a reasonable cost, thanks to an early acceptance of the future shape of commerce and action to facilitate change, it will also outstrip the UK. Arguments that true fibre to the premises is not affordable — ever — for the UK (from Gavin Patterson of BT) are ridiculous, says Mr Bragagni. Whilst speeds obtained currently are, in many instances acceptable, if not competitive now, this will not be the case in the near future. Inevitably, copper will become redundant and fibre will have to be installed.

400,000 small and medium-sized companies still do not have access to superfast broadband

A new report ‘Broadbad’ backed by 121 cross-party MPs calls for BT to be forced to sell the country’s leading broadband provider Openreach because of poor performance.

The report suggests BT’s Openreach has only partially extended superfast broadband despite £1.7bn of government money and its sale would open up the race for speed to competition. The MPs’ cross-party British Infrastructure Group (BIG) claims 400,000 small and medium-sized companies still do not have access to superfast broadband and more than five million people have unacceptable download speeds. The Broadband report says there would be little change until BT and Openreach were formally separated, and adds that Openreach “makes vast profits and finds little reason to invest in the network, install new lines or even fix faults in a properly timely manner”. The BIG group, led by Grant Shapps, points to underinvestment stemming from the “natural monopoly” of BT and Openreach as the primary factor holding the UK back and costing the economy £11bn a year. Speaking to the BBC he accused BT of being “a monopoly company clinging to outdated copper technology with no proper long-term plan for the future.” Mr Bragagni is whole-hearted in his support of the report. He says: “We are in an interesting position. We can see the challenges from within the UK, and we look at the UK’s commercial viability from a global perspective. As a company that has committed investment here what we take away from a critical view is that what we have today is unsustainable. And there is no practical reason for us not to be among the top ten for broadband speed.”

Broadband speed in the UK barely makes it into the world’s top 20 countries for connectivity.

The UK is trailing Japan, S Korea, Switzerland, Netherlands, Canada, Sweden, Latvia, Ireland, Czech Republic and more. Only 38% of UK internet users have access to high-speed 10 Mbps broadband. In Saudi Arabia, the figure is 84%.

The UK drops even further in the rankings when it comes to peak internet speeds, maxing out at 48.8 Mbps and landing 24th in the world rankings. (The peak connectivity speed in Saudi Arabia is 484.4 Mbps: Australia, Kuwait, Japan and Singapore also hit triple figures). In June 2014 Saudi Telecom Company (STC), the country’s leading telco in terms of subscribers announced it had passed a 900,000 households milestone with its fibre-to-the-home (FTTH) network. Going forward, the operator continues to extend the footprint of its fibre network with a FTTH network supporting triple-figure download speeds. STC introduced its FTTH services in August 2010. Source: http://www.huffingtonpost.co.uk/2015/03/27/uk-broadband-speed-world-rankings_n_6953840.html Closer to home Irish company Eir is pushing forward FTTH connectivity, passing the 1.4m homes mark with fibre-based broadband at speeds of up to 100Mbps. The company aims to provide fibre broadband to 1.9m homes by 2020, revising a previous target of 1.6m, which it will surpass by the end of this year. Eir is also currently deploying 1Gbps speeds using fibre-to-the-home technology to 66 towns within the 1.4m premises and currently, 28,000 premises in 16 towns can now get 1Gbps speeds alongside the Irish Government’s investment in a super-fast fibre network. Little wonder broadband dependent mega-companies like Google list connection speed as one of the deciding factors in choosing Ireland as a strategic base. The Irish Government has said of its own initiative to ensure the final 750,000 homes and businesses deprived of broadband are finally connected with at least 30Mbps: “This is the biggest broadband intervention in the history of the State. We can’t even leave a few people behind.” BT, which owns Britain’s copper network and manufactures copper cable, has expressed an interest in tendering for this fibre optic cable work in Ireland, demonstrating that what Britain needs can be done. https://www.siliconrepublic.com/comms/2015/12/22/broadband-intervention-ireland-procurement The UK generates more money online than any other G20 nation, but for how much longer, says Tratos. The internet is a bigger part of the British economy than education, healthcare or construction. “Britain is being frozen out of the next industrial revolution,” Peter Cochrane, a former BT chief technology officer, warned four years ago. “In terms of broadband, the UK is at the back of the pack. We’re beaten by almost every other European country and Asia leaves us for dust.” This broadband blind spot is a critical factor influencing the health of the UK’s economy Other countries facing challenges on a similar scale began their investment trail significantly sooner than the UK and, even though their broadband speed may lag behind now, they are expected to leap-frog to a significant lead as infrastructure projects reach completion. Even where there are significant challenges that match/or are bigger than the UK’s — architectural and heritage sites to work around for example — others have found ways around the problem. Tratos wants to be part of the UK’s solution, and, it believes, it is one of a number of smaller, more agile and innovation-focused competitors that could be instrumental in making the change. Tratos has been a supplier of fibre to the National Motorway Communication Systems (Highways Agency) for more than 20 years. Its products are some of the most flexible for construction projects, with combined power and fibre optic needs. It has the ‘smart’ fibre cables that shoot down some of BT’s arguments on installation expense/disruption as copper gives way to fibre. In Europe, it has supplied fibre directly to apartment blocks using central distribution layout systems within the buildings, and a range of flexible cables that can be installed in almost any kind of duct. Its solutions include micro cables and microtubes, breakout cables, floating cable, cable (floating and sinking types) that can be pulled through sewers, dielectric self-supporting cables and multi usage cables employing techniques that see new cable installed at the same time as its copper forerunners are stripped out.

The real reason behind Britain’s slow Broadband is its gatekeepers.

They are the old network’s custodians who stand to take a financial hit in the short term but for whom Tratos sees mid to longer term gains. They are blocking progress for everyone else, but Tratos believes they could be part of the bigger solution — if they open up to collaborative working. The world of work has already changed. There are more sole traders working from home or small silo offices. There are also people working at home for larger companies, or working flexibly between the office and a home base. Speed is no longer simply an office environment issue. Tratos is focused on talking about how fibre could be delivered directly to the premises now. The company has the technology available, today. Italy trails the UK presently but as it has — and is investing in — a fibre infrastructure, that’s about to change. It has had the technology — and the desire to use it — since 2008. So, Italy is already ahead of the UK in investing in the technology that will see it overtake in the short to medium term. In effect, although much of the UK enjoys faster connectivity than Italy now — Britain is already lagging seven years behind the starting line on delivering next generation speeds. This is the technology that could take the UK into the top ten countries for broadband speed if BT was to invest or BT/Openreach was to separate. https://www.youtube.com/watch?v=rI3gnQadQI8 Telecom Italia is gearing up its ultra-broadband in Trentino-Alto Adige, bringing fibre to homes in Trento and Bolzano, and super-fast connections from 100 Megabits per second (and potentially up to 1 Giga). The initiative is part of the new national cabling plan in FTTH (Fibre to the Home) technology, from the Ministry of Economic Development through Infratel, which plans to reach 100 cities by March 2018. The new infrastructure programme goes beyond road cabinets directly into homes and offices with the goal of reaching 75% of the population by 2017. Existing infrastructure will be used to lay fibre optic cables and, in case of excavations, innovative low environmental impact equipment and techniques will be used that reduce work time, work site area, ground broken, material removed, paving impairment and consequently keep road repairs to a minimum. Some may see investment in a fibre network as a risk (cost). The cost if we don’t is significantly greater. The cold truth is that — whatever consumers believe — fibre to the home simply doesn’t exist in the UK.

If your local Utility company is one of the big six energy suppliers you probably aren’t getting the best deal possible. Most of the cheaper tariffs are offered by smaller, often unfamiliar companies. These are typically hidden or don’t feature prominently on the major energy comparison websites that compare the market.

More Heat Than Light

Energy suppliers are feeling increased pressure from the government to regulate and lower the cost of their fuel prices, after three of the big six energy suppliers have raised their energy prices once again by 20%.

The companies have all blamed the rise in gas prices on the rise in the wholesaler's prices.

The first thing to understand is that these companies we pay for our gas and electric bills, rarely produce the energy themselves. Like any other retailer, they buy their product from a wholesaler.

Q: If we check how much wholesalers are selling their fuel for, will it show if energy suppliers are justified in their high fuel prices?

If only it was that simple!

There are a lot of energy prices on the market, and they change every day, therefore the cost will differentiate when supply and demand goes up and down.

Wholesale prices are set at which period or season they are selling for. For example, a wholesaler and energy company may strike up a deal called 'winter 2017'. The energy firm is agreeing to buy gas to be shipped to them throughout October to March.

More expenses and pay outs are unlikely to do the economy any good.

Q: why doesn't the existing competition lower prices anyway?

Tariffs are still likely to mirror each other. Every time one supplier announces a price hike, it becomes easier for others to do the same, similar to how the cost of petrol can fluctuate so easily.

What you have to remember is that the 'big six' energy companies are trying like the rest of the economy, to make money, and that they'll be playing the field to get the best prices and stay on top of the market just like any other profit driven firm.

As a vocational training provider of plumbing, electrical and gas courses to people throughout the UK we inform our trainees of national news that will affect them and their customers.

So you want to know how to save money on energy bills? Well, the first and most popular way people tend to inflate parts of an energy bill is excessive ignorance. It's simple. People are ignorant when they drive, when they use certain systems at home, and when they use energy in general. The very first thing you must conquer is the amount of energy you do. The mindset is where it starts.

Another thing you'll want to invest in is your own solar grid or windmill to capture your own solar and wind energy. Don't know how? No problem. Earth4Energy can teach you. It's a guide that shows you more than enough ways to cut your energy costs up to 90% and save you thousands of dollars. You will be able to build your own solar grid and windmill. After reading this guide, it wouldn't be so hard.

As global demand for electricity grows, are there alternatives to building more power stations which make smarter use of existing infrastructure? And in an industry renowned for high levels of consumer mistrust, could an Airbnb of energy finally deliver a consumer-centric energy market?

Technology is shaping our lives like never before, making our world smarter, more efficient and more connected. In the last decade, it has fuelled an explosion of sharing economy business models — adopted by the likes of Uber, Airbnb and Zipcar — who in just a few short years have revolutionised established industries. But can a sharing economy approach help to tackle one of man-kind’s greatest challenges and deliver clean, affordable and secure energy to all?

Sharing economies are a consumer-led phenomenon which work by exploiting excess capacity or inefficiencies in existing systems for mutual benefit. Take Airbnb for example. The wasted asset is your property and the excess capacity is the space you are not using. By creating a user-friendly platform and giving homeowners the security they need Airbnb have built the biggest hotel chain in the world, surpassing the Intercontinental Group in less than four years. They have achieved this because they haven’t needed to construct a single thing.

So how could this apply to the energy industry? As global demand for electricity grows, are there alternatives to building more power stations which make smarter use of existing infrastructure? And in an industry renowned for high levels of consumer mistrust, could an Airbnb of energy finally deliver a consumer-centric energy market?

Since the world’s first power station was built in 1882 the global energy system has worked on the basis that supply must follow demand. Consumers — businesses and households — have been passive users of power, paying to use what they want when they want, whilst electricity supply has adapted to ensure the lights stay on. This has created inefficient systems built for periods of peak demand — in the UK this is typically between 4–7pm on a cold winter evening — which most of the time are massively underused.

But this is no longer the case. Today, our ability to connect and control anything from anywhere means we can manage our demand for electricity in previously unimaginable ways, and consumers are emerging as a driving force for change.

By connecting everyday equipment to a smart platform (just as you might upload your property to Airbnb), it’s now possible for consumers to take advantage of small amounts of “flexible demand” in their existing assets and processes — be it a fridge, a water pump, or an office air con unit — and sell it to organisations tasked with keeping the lights on — like National Grid.

Applying artificial intelligence and machine learning to govern when and for how long assets may respond gives consumers confidence their equipment’s performance will not be affected, and in return for sharing their “flexible demand”, they benefit from cost savings or direct payments.

This sharing economy approach relies on the power of tech and our ability to orchestrate many thousands of consumer devices at scale. Any one piece of equipment can only make small changes to the timing of its electricity consumption — e.g. delaying when a fridge motor comes on for a few minutes during a spike in electricity demand at the end of a football match — but collectively, the impact is transformational.

It means that when electricity demand is greater than supply, we don’t need to fire up fossil-fuelled power stations. Instead, we can reduce demand by asking non-time critical assets to power down for a short while.

If the wind is blowing and too much electricity is being supplied, we don’t need to let this clean, abundant power go to waste, but can ask equipment to shift its demand and make use of this power as it is available.

And we don’t need to keep building more power stations to meet occasional peaks in demand. Instead, we can distribute demand more intelligently throughout the day, reducing the size of these peaks and making better use of existing capacity.

In the UK, Open Energi’s analysis suggests there is 6 gigawatts of peak demand which can be shifted for up to an hour without impacting end users. Put into context, this is equivalent to roughly 10% of peak winter demand and larger than the expected output of the planned Hinkley Point C — the UK’s first new nuclear power station in generations.

This doesn’t make it easy. Unlike other sharing economy success stories, energy is a public good. The need for incredibly robust solutions means the barriers to entry are high. But, if we can get it right, the prize is enormous; a cleaner, cheaper, more secure energy system which gives consumers control of how, when, and from where they consume their energy.

Businesses have already recognised the power they hold and the benefits it can bring, with the likes of Sainsbury’s, Tarmac, United Utilities and Aggregate Industries adopting the tech and demonstrating what’s possible. Households look set to follow, but wherever the flexibility comes from, it’s clear that consumers and the environment will benefit from a sharing economy approach to energy.

David Hill is strategy director of Open Energi. He is an expert on electricity markets and demand-side flexibility, including demand-side response and energy storage. He joined Open Energi in 2010 after completing an MSc Energy, Trade & Finance at Cass Business School.