You are here: Home - Household Bills - News -

Brits ‘make do and mend’ against rising energy prices

0
Written by:
30/10/2012
British households are taking energy saving into their own hands as energy companies hike up their prices this winter, says Asda Money.

Households are going back to basics to save on energy.

50% are wearing extra clothing in the house in order to delay turning the heating on, 40% are opting to put an extra duvet or electric blanket to their usual bedding and quarter are restricting hot water usage on baths and showers.

Over half of those asked also opted to switch to energy saving light bulbs.

Many families are resorting to extreme measures with one in twenty saying they’d sleep in one room with the rest of the family to keep warm.

Kirsty Ward, head of Asda Money, said: “Whilst it’s positive to see that customers are making efforts to cut their energy usage in order to cut their bills, it’s worrying to see that only a quarter would consider switching.”

Despite people wanting to take action, only a quarter would consider switching energy suppliers and 9% have maintained that they’d rather stay warm in their house over the colder months, and won’t be taking any measures at all to reduce their energy consumption.

Leaving the lights on seems to be Britain’s pet peeve when it comes to energy wastage, with 50% listing this as their number one annoyance.

Leaving doors open, and boiling a full kettle also features amongst annoying habits.

Ward continued: “It’s even more worrying that households are wasting energy when it is so simple to switch off a light or ration the heating. More than twice as many people consider changing the type of light bulb in favour of changing energy provider – even though you are likely to save up to 4 times more.

“We know the average gas and electricity bill stands at a whopping £1,322 a year and this is only set to rise with energy hikes across the industry.”

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
2221006-notting-hill
Rise in property millionaires despite slowing price growth

The proportion of properties worth £1m in prime London has risen by over 8% in the last year, according to...

Close