Tips for reducing costs despite rising gas and oil prices in 2024

Tips for reducing costs despite rising gas and oil prices in 2024

According to a report by www.berliner-zeitung.de,

Gas and oil prices are expected to rise significantly in 2024. This is due to the increase in the cost of CO2 emissions as well as the increase in VAT for natural gas from 7 percent to 19 percent from March 1st. The Berlin consumer advice center has issued some recommendations to keep energy costs as low as possible despite the price increases.

Experts recommend switching to more climate-friendly heating systems, exploiting energy-saving potential and considering switching providers to reduce costs. In addition, it is not recommended to install a new gas or oil heater as there are better alternatives. Subsequent thermal insulation and optimization of the central heating through hydraulic balancing can significantly reduce heating costs. Switching to heat pumps, pellet heating or district heating is also recommended as a sensible alternative.

These developments could lead to consumers increasingly switching to alternative, energy-efficient heating systems to avoid the rising costs of gas and oil. This could lead to increased market growth in the area of ​​renewable energy and alternative heating technologies. At the same time, this could reduce demand for traditional gas and oil heating and reduce prices for alternative energy systems. Overall, this could lead to a shift in the market and increased demand for more environmentally friendly heating options.