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


How a Full Rewire Can Lower Your Electricity Prices

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 jacketing 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 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. 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, could a full rewire also lower your electricity prices?


Let’s take a look...


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 legacy wiring. Especially if you live in a property with aluminium wiring instead of copper. Aluminium expands as it gets hotter, making these legacy 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. Your new consumer unit is also much more energy-efficient, resulting in decades of further savings on your energy bills.


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 Krakowska wiktoria.krakowska@papernest.com


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