Can energy usage be compared to save money?

Britons might shortly get letters to be notified of the amount energy is consumed by their neighbours in a bid to drive them to reduce their own and save on money.

Elizabeth Costa, Managing Director of the Behavioural Insights Team has said international studies have shown that sending energy comparison letters gives an effective way to support homes cut their energy consumption by about 2%.

The Behavioural Insights Team, also known as the “Nudge Unit” was originally deployed in 2010 in the UK‘s Cabinet Office to generate behavioural insights to notify public policy.

Experts recently estimated that homes will need to pay £500 a month for their energy while others noted that “exceptionally high” bills may go on until 2024.

Ms Costa spoke to The Telegraph noting the government was “considering the full remit of its policy toolbox” to bring reductions in household energy major needs.

“We have seen, across lots of cultural contexts, that kind of social norm feedback reduces energy use.” Ms Costa commented.

She again stated that subsidies “are very much needed this year” as lot’s of vulnerable people “are really going to be struggling this winter.

Ms Costa acknowledged that creating tweaks to energy consumtion may also help the UK to get to its climate goals faster.

A BEIS spokesperson said: “The UK’s secure and diverse energy supplies will ensure households, businesses and industry can be confident they can get the electricity and gas they need.

“Britain is at a strategic advantage compared to other EU countries through access to our own North Sea gas reserves, steady imports from reliable partners like Norway, the second largest LNG port infrastructure in Europe and a gas supply underpinned by robust legal contracts.

“Thanks to a massive £90bn investment in clean energy in the last decade, we have one of the most reliable and diverse energy systems in the world and unlike EU, we are not dependent on Russian energy imports.”

Can energy usage be compared to save money?

, , , , , , , , , , ,
Previous Post
Energy bills are set to soar by October
Next Post
31% increace in gas within last week of July

Related Posts

Buying with different firms could lower energy bills

Buying with different firms could lower energy bills SMEs all across the UK could see lower energy bills if they bought energy jointly with different firms. A new report by Cornwall Insight implies small and medium-sized businesses seeking to save money on energy bills and increase their use of renewable energy could achieve that by…
Read More

Prince Charles speaks with urgency about climate change

Prince Charles speaks with urgency about climate change: The Prince of Wales has appealed to everyone to speed up now to the front line to halt the disastrous effects of climate change as well as connect efforts to avoid catastrophe. Brokenhearted because of the recent wildfires in Greece, he stated: “It has been truly the…
Read More

Subscribe to our newsletter!

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

British Utilities will use the information you provide on this form to be in touch with you and to provide updates and marketing.