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Energy and money saving device developed by UK firm

Energy and money saving device developed by UK firm

A device that could save households £200 a year on energy bills is now being developed by the UK company for the European market as well.

Chester-based Energetix Group is to work with energy giant E.On to develop its Genlec micro- combined heat and power (CHP) device for the continental market.

Micro-CHP is a device that replaces a boiler in the home and generates both heat and electricity.

According to Genlec, the device helps households save about £200 a year in energy bills, while helping them save 1.5 tonnes of carbon emissions annually.

Adrian Hutchings, CEO of Energetix Group plc, said the micro-CHP "can revolutionise the way we heat and power our homes and helps households to reduce their fuel bills and lower their carbon emissions."

He added: "With increasing demand for energy-saving and awareness of microgeneration, we look forward to continuing to push Genlec and our broader portfolio of products onto market."

E.On recently announced it was cutting the bills of people on its electricity-only tariff by £14.

However energy regulator Ofgem, had suggested the cut should be £41.

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