### Site Prices Update

Last Updated28

^{th}June 2022

All calculations on this site are based on **current fuel prices**, they are checked regularly and calculations are automatically updated.

The costs calculated based on these fuel prices should be regarded as 'good estimates', given that fuel prices vary in different parts of the county and at different time of the year.

The calculations also have different levels of accuracy depending on the nature of the calculation. For example calculating the energy use of a known power output TV is very easy compared to calculating the effect on energy savings when insulating a cavity wall.

#### Site Calculations

### Set Your Own Prices

User PricesFor several of the fuel prices on this site you can now set your own prices and all the calculations on the site will adjust accordingly.

#### Set Prices

At Confused About Energy we aim to provide practical, impartial advice on all aspects of energy usage, climate change and ways to save money on energy bills.

All calculations on this site are based on **current fuel prices** they are checked regularly are automatically updated and were last changed on:-

28^{th} June 2022

The costs calculated based on these fuel prices should be regarded as 'good estimates', given that fuel prices vary in different parts of the county and at different time of the year.

The calculations also have different levels of accuracy depending on the nature of the calculation. For example calculating the energy use of a known power output TV is very easy compared to calculating the effect on energy savings when insulating a cavity wall.

#### Site Calculations

**Site prices**were last updated

**28**. When they are updated

^{th}June 2022**all calculations**on the site are updated with the new prices automatically

**Read More**.

Electricity | £0.271 per unit (1 kWh) |

Economy Electricity | £0.094 per unit (1 kWh) |

Gas | £0.072 per unit (1 kWh) |

Domestic LPG | £0.122 per unit (1 kWh) |

Heating Oil | £0.104 per unit (1 kWh) |

UK Grid CO_{2} Emissions | 0.233 kg per kWh used |

**Read More**.

The main units used in this site are in the table below, For a complete explanation of power and energy **Read More**.

Unit |
Name |
Detail |
---|---|---|

W | Watt | Unit of Power |

kW | Kilowatt | 1000 watts |

kWh | Kilowatt hour | Measure of Energy |

L | Litre | Measure of Volume |

# Site Calculations

If you are considering investing in new technology in your house with a view to saving money on your energy bill, you should do the calculations to make sure it is really worth doing. Here are some simple steps to deducing if it worth doing on cost grounds alone.

## How to calculate whether it is financially worth installing a domestic renewable energy solution

### Site Calculations

There are many renewable energy options for domestic property these days allowing you to heat your home, hot water and generate your own electricity, but they are all expensive. Manufacturers also have lavish claims for how much you will save. Reducing carbon emissions is important, so this kind of technology is very important to our future, but if the financial return is inadequate, you may get better return for your money and the environment by simply insulating your loft. Here are some simple steps to calculate the financial viability of an energy project.

Throughout this site almost all calculations use the kilo Watt hour (kWh) as a unit of measure for energy.

The kWh was chosen as it is easy to relate to and is the standard measure for a unit of electrical energy on your electricity bill, i.e. 1 Unit = 1kWh. One kilo Watt (kW) is by the way 1000 Watts, and for completeness a Watt is a measure of power, which might be best described at the rate at which energy is transferred.