Brits look after their pennies but not the pounds
A new survey has found that in post-recession Britain we’re still careful with our pennies and clever with money saving ideas. Yet when it comes insulating our homes we’re still throwing money out of the window.
A UK-wide poll has been carried out as part of a campaign to encourage UK households to take control of their bills, and demonstrate the savings to be made by fitting energy smart Duette® blinds.
It found that:
- Nearly two-thirds (64%) of UK adults shop around or use comparison websites before making big purchases such as holidays, tickets or insurance
- 36% use discount vouchers or money back websites when online shopping
- Grocery shopping is still a key focus for families. Going meat free once a week or doing the big shop in cheaper supermarkets such as Aldi/Lidl and Costco was mentioned by 54% of respondents.
- Buying second hand items via eBay, Gumtree and social network groups is a popular way to save money with 27% claiming to have bought this way in the past year.
- 29% said they shop around for the cheapest petrol: driving further and collecting coupons or points.
Conversely just 7% of Brits claim to have invested in energy saving measures in their homes in the past five years in a bid to save money on bills.
Throwing money away
So while Brits are making the most of voucher codes and discounts on everyday items, when it comes to the big bucks it would seem we’ve still got a long way to go. Millions of UK households are wasting money by not taking simple measures to save energy in the home.
While turning the thermostat down is seen as an easy way to keep on top of heating bills, the survey revealed a low take up of gadgets such the smart thermostat and boiler controls (only 2% said they owned one).
The survey asked what changes had been made around the home to save money in the last 5 years*, and the results revealed that homeowners prefer the quick fix to a solid investment. Reasons given were a lack of knowledge, not enough funds to not believing it would make any difference.
- Turning off lights/turning down heating: 82%
- Installing a water butt/water meter: 41%
- Installing a smart thermometer/boiler control: 2%
- Improving loft insulation: 13%
- Switching energy suppliers: 57%
- Cavity wall insulation: 7%
- Turning appliances off standby: 42%
- Installing insulating blinds: 14%
The latest figures from Which? suggest that 5.4million homes are without cavity wall insulation and 7.4 million houses don’t have sufficient loft insulation1. The fact is that UK households could save nearly £900 in a year by taking some simple steps:
- Cavity Wall Insulation: £160 (potential saving)
- Loft Insulation: £230 (potential saving)
- Switching energy suppliers: £240 (potential saving)
- Switching off appliances: £80 (potential saving)
- Installing insulating blinds: £150 (potential saving)
Save up to 25% on heating bills in a year with energy-saving blinds
A staggering 50% of domestic heat is lost through windows3. Duette® blinds (www.duette.co.uk) help save energy and start paying for themselves as soon as they are fitted. They have been proven to reduce heat loss by up to 46% when fitted in a domestic window. Duette® energy saving blinds can slash annual heating costs by up to 25%.
Consumers can even work out how much energy they could save with Duette® blinds in their own homes by using an online energy saving calculator: www.duette.co.uk/energysaver