How a Full Rewire Can Lower Your Electricity Prices

Your home’s wiring needs to be kept in peak condition to ensure that it is as efficient as possible. Here’s why a full rewire can lower your energy bills

The benefits of a full rewire

Your home’s wiring is just like any other part of your home. It’s subject to wear and tear as the years go by. The insulation on your wiring can get dry and brittle. It can even break, exposing the wiring underneath. Connections can deteriorate over time, making them more unstable. Rodents can sneak into the spaces between your walls, roof and wall spaces, and gnaw at your electrical cables. And because your wiring is hidden away behind your walls, you can’t see enough to inspect it.

As such, it’s recommended that your wiring be inspected at least once every 10 years. A qualified electrician can gauge the state of your wiring and advise whether a full or partial rewire is needed, or comment on any improvement they would recomend. While a full rewire is a significant investment (especially for larger properties), it’s the best way to avoid the electrical fires that can be caused by substandard wiring. But as well as making your home safer, but could a full rewire also lower your electricity prices?

By rewiring your house to how you want it you can remove certain costly items such as immersion heaters, electric radiators, electric showers etc and also any redundant items and therefore bring the overall running costs down. Also by using the correct size cables for the circuits you can save a small percentage on the energy bills. New homes that a rewired are now fitted as standard with LED lightbulbs, these are a lot cheaper to run than standard halogen and filament lamps, most LEDs are around 8-10x cheaper to run. So although the rewire it self wont save you money, if done correctly it can help in bringing down your over all energy costs aswell as making your property alot safer.

Savings can be enhanced with a new energy plan

A full rewire means that your home is serviced entirely by brand new wiring. This can help you to save money on your energy bills over time. However, you may be surprised by how much switching your energy tariff can lower your energy prices. Especially now, as a spike in wholesale energy costs has sent energy prices skyrocketing.

The energy experts at Switch-Plan estimate that the average household can save in excess of £300 per year by switching their energy plan every 12-18 months. Thus, you can enhance the savings you make from your rewire by changing your plan regularly.

New wiring is more efficient

Changes in temperature and humidity, accidental damage, rodent damage and all kinds of other factors can erode the efficiency of your home’s wiring infrastructure as the years go by. Deteriorating cables may become susceptible to breaks which may result in dangerous arcing. Not only is this a fire hazard, but it’s also a major cause of wasted electrical energy.

New wiring is inherently more efficient than old wiring. Especially if you live in a property with aluminium wiring instead of copper. Aluminium expands as it gets hotter, making these wiring systems more vulnerable to breaks.

A full rewire includes a new consumer unit

When you rewire your home fully, the attending electrician will also replace your consumer unit. New consumer units are metal-clad, and significantly reduce your home’s risk of an electrical fire.

Rewiring can also add value to your home

A full rewire doesn’t just help you to save money, it can even help you to make money, too. A property that has recently been rewired offers greater peace of mind and less responsibility for the buyer. As such, you’ll likely be able to command a higher asking price than you would if you stuck with your legacy wiring.

Wrote By : Wiktoria @ Papernest

And Perry McGowan @ VoltsCoventry