Breaking Stories

New right to repair rules will save consumers £75 per year says government

New rules are to be introduced on electrical appliances to make them cheaper, more energy-efficient and to reduce the 1.5mln tonnes of waste produced by them being thrown away.

The government estimates that by using products longer and through the higher energy efficiency thresholds, consumers can save up to £75 per year on their bills as well as helping the environment..

Manufacturers of fridges, TVs, dishwashers and other products will have to ensure they have at least ten years of spare parts in stock under the new legislation to be introduced in the summer.

As well as spare parts, emissions and energy use ratings are also being tightened with, in future, a new grading system from A to G replacing the current A+++ to D, which have been deemed too confusing.

Kwasi Kwarteng, the Business and Energy Secretary, said: “Our plans to tighten product standards will ensure more of our electrical goods can be fixed rather than thrown on the scrap heap, putting more money back in the pockets of consumers whilst protecting the environment.

“Going forward, our upcoming energy efficiency framework will push electrical products to use even less energy and material resources, saving people money on their bills and reducing carbon emissions as we work to reach net-zero by 2050.”

Shares in AO World PLC (LON:AO.), one of the largest suppliers of white goods in the UK, rose by 1% to 314p, while Dixons Carphone (LON:DC.), which has claimed it has around 1mln customers with mobile phone insurance and 10mln warranty agreements, was up 2% to 138.5p.

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *