Wholesale gas prices have seen a steep rise since October 2021 which means energy firms have been passing these on to households through rising energy bills. However, the current economic climate shouldn’t put any kind of dampener on your dreams of finding a new home in 2022.
While energy costs are rocketing, it’s worth stopping and considering more than just today’s price hikes. Yes, gas and electricity may be costing more and more, but if your home is energy efficient, then the rising costs may impact you less than you think.
To put things into perspective, we have compared today’s new-build homes with 1970’s and Victorian homes of a similar spec – basing our calculations on the UK average gas and electricity prices set in April 2022.