Energy prices have reached now £0.4885 per kWh even for summer. We can not imagine what it will be in winter... In big cities of Germany the government institutions will cut off the hot water supply... 27 EU countries are back to 15% of gas reduction for winter time. The list of different measures have been taken to prevent future energy crisis and minimise the consequences of global situation.
The World Bank’s energy price index increased by 26.3 percent between January and April 2022, on top of a 50 percent increase between January 2020 and December 2021. (https://blogs.worldbank.org/developmenttalk/energy-shock-could-sap-global-growth-years)
The Russian invasion of Ukraine has disrupted global energy markets, generating the biggest surge in crude-oil prices since the 1970s.
According to the National Energy Action (NEA) charity: "Millions will simply not be able to heat their homes this winter. We will see serious ill-health and early deaths for those most susceptible to the cold."
It sounds scary. But there is always a way out. This is also a moment to realise the old saying:
“never waste a good crisis”
Some observers have compared our current moment to the energy crises of the 1970s. In 1973, a war between Israel and its neighbours led to an oil crisis, which ultimately sowed the first seeds for the nascent wind industry. (https://ramboll.com/media/rgr/what-do-rising-energy-prices-mean-for-the-green-energy-transition)
Of course, you can reduce your energy bill by changing your lifestyle and trying to save some energy. Here are some tips:
In addition to changing your lifestyle and saving energy, there is another way to save money on energy and take care of the future of our planet. Of course, it requires investment and time, but after a few years it will fully justify itself. Let’s have a look at a new TESUP Magnum 5 turbine to see how much power it could generate.
A Magnum 5 turbine generates 5000 Watts per second when spinning under its rated wind speed of 15 meters per second. This means at full capacity, the turbine generates 120 kWh over 24 hours. For reference, the average UK household uses approximately 3300 kWh per year. With new energy prices, facing the bill of £500 in January (according to BFI) gives you additional reasonable grounds to accelerate the usage of free energy resources and minimise the electricity expenses.
With even 3 hours of wind per day, your savings with the Magnum5 Wind Turbine can reach £2737.50 annually! The payback of 1st year with product cost deduction is £627.5! Moreover, it is not the final result as the prices are going up.