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Only 7% of under 35s fully understand their bill, while almost 40% are unable to identify that electricity is measured in kilowatt hours.
This was in contrast to over 55s of whom 18% said they fully understand their bulls while only 16% didn’t know hoe energy was measured.
The research from Energy Saving Trust found that in total 82% of consumers said they were interested in saving energy even if it requires a change in daily routine. Under 35s are also twice as likely to own or be interested in owning smart heating controls to save money on heating but almost a third of interested young people said they’d like to have one because it would be ‘fun to try’.
Philip Sellwood, Chief Executive of the Energy Saving Trust has said: “While devices like smart heating controls are great tools for helping people reduce their energy use, there is no substitute for understanding how your activity in the home affects your bills and lifestyle.”
So how can you help reduce your energy use in your home and understand your bills?
Energy is measured in kilowatt hours or KWh and this will usually be displayed as how much you have used in the past month or year – energy suppliers use this as an estimate for how much you will use in the next year – a supplier should read your meter at least once every two years but it’s a good idea to take readings more often to provide the most accurate idea of your energy yse.
If you are on a smart meter, it should automatically send readings to your energy supplier and provide the most accurate readings and cost.
Keeping an eye on energy use and comparing supplier prices against each other is one of the best ways to ensure you’re not paying too much – there are no prizes for loyalty in the energy game.
There are many simple ways to reduce energy waste and watch how much you use – here are five quick tips:
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