You are here: Home - Saving & Banking -

Rising energy costs spark eco-action

0
Written by:
27/06/2008

The UK may see a 50% rise in environmental activity as a result of rocketing fuel and energy costs, according to Tescocompare.

The car and home insurance comparison site has revealed that price rises for such items could push 22 million Brits to ‘go green’. A survey by the site showed 80% of Brits already believe they are above average when it comes to being environmentally friendly. Green actions by such consumers include recycling household waste (83%), switching off appliances at the mains (66%) and using energy-saving light bulbs (76%).

However, 61% still think they could do more for the environment, while 800,000 confess they do nothing at all. One in five Brits claims this is because going green is too expensive. But Tescocompare highlighted some environmentally-friendly activities that cost nothing, including washing clothes at 30 degrees, taking showers instead of baths and not overfilling the kettle.

Paul Baxter, spokesperson for Tescocompare, said: “Going green takes a little bit of effort but can reap huge rewards in the long and short term. The cost of living and household bills are creeping up, but there are lots of things that cost next to nothing that we can all do on a day-to-day basis to reduce our carbon footprint and energy bills. Simply turning gadgets off at the mains when you’re not using them is a sure-fire way to save the planet and the pound in your pocket.”

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:
UK investors to take advantage of emerging markets

Research by New Star indicates that 70% of investors believe emerging markets will generate superior investment returns in comparison to...

Close