[UK, 25-05-2023] Due to the warmest year on record, there was a decrease in the need for heating. In addition, higher gas prices led to changes in consumer behaviour and reduced consumption levels. In 2022, there was a decrease in industrial output, partly due to high energy costs.

Lower Demand for Gas
As a result, industrial demand for gas reduced by 8.2 per cent, which had not been observed since the early 1970s. However, gas demand for electricity generation stayed consistent.

Decrease in Consumption
The temperatures in the last quarter of 2021 and 2022 were similar, but during the fourth quarter of 2022, there was a noticeable drop in gas usage. Gas consumption decreased by 11 per cent during this period compared to the same time in 2021. The decrease is mainly due to a 15 per cent drop in domestic demand, which could be attributed to higher prices and shifts in consumer behaviours.

Lower Manufacturing Output
According to the Office of National Statistics, there was also a decrease in manufacturing output. The decline is evident in the 7.1 per cent decrease in industrial gas usage reported in the last quarter of 2022.

British Adults Concerned with Energy Costs
Despite the lower demand, a recent survey conducted from 19 April to 1 May 2023 revealed that nearly half of British adults are still concerned about the high energy cost in recent weeks. The cost was the second most common concern, with 48 per cent of respondents reporting it, following the cost of food.

Electricity Prices Increase
According to a report called "The energy intensity of the Consumer Prices Index: 2022," electricity prices in the UK increased by 66.7 per cent and gas prices by 129.4 per cent between March 2022 and March 2023. These increases contributed to the annual inflation rate. In addition, businesses faced higher costs due to the increased energy prices, which indirectly affected the prices of goods and services. Companies such as Hollowell Heating are always on standby for any queries regarding heating installations and efficiency solutions.

About Hollowell Heating
The team from Hollowell Heating is made up of gas-safe verified professionals. The company has provided quality services to numerous satisfied clients through the years. Hollowell Heating prioritizes the clients’ needs and aims to uphold the values of professionalism, punctuality, honesty, and reliability. The company works efficiently to finish the job within the estimated time, ensuring that the clients’ heating systems return to normal operation as quickly as possible. For more information, interested parties may visit https://hollowell-heating.co.uk/boiler-installation-blackburn/.