Electricity prices are heavily impacted by rising gas prices because of the importance of gas-fired power stations as the marginal unit to meet demand. This is the most significant driver of the increase in wholesale electricity prices.

UK energy prices rising fastest in Europe

‘‘Growing demand for air conditioners is one of the most critical blind spots in today’s energy debate. Setting higher efficiency standards for cooling is one of the easiest steps governments can take to reduce the need for new power plants, cut emissions and reduce costs at the same time.’’

– Fatih Birol, IEA Executive Director

Coolnomix technology reduces kWh consumption by between 25% and 40% per annum and is installed on a savings guaranteed basis.