You are here: Home - Saving & Banking -

Rising energy costs spark eco-action

Written by:

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.”

Related Posts


Tag Box

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.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

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.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

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...

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...