Poor energy efficiency comes at a cost

A study* has found that poor energy efficiency is costing households in England a total of £3.8bn in additional bills each year.

Older generations are most affected, with 60% of over 65s living in energy-inefficient homes compared to 43% of 16 to 34-year-olds. This is partly due to a lack of awareness – over 65s are the least informed about the extent of their home’s efficiency2, however they are also the age group spending the highest proportion of money on energy bills. As a result, over 65s are expected to spend £256 more on energy bills this winter than those under 30.

 

Interestingly, younger generations are less willing to change their behaviours to save energy – 52% of 18 to 34 years olds said they would rather spend more on bills to have a comfortable lifestyle.

 

* Kingfisher, 2024
2 OnePoll, 2024

29 January, 2025

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