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How to save £400 on heating bills next year by copying simple German-style energy tips
29.12.2022 - 15:03 / dailyrecord.co.uk
New analysis suggests that a German-style national drive to reduce UK energy use by turning off lights and lowering heating temperatures could save households £400 and save the Treasury £9 billion. The Social Market Foundation (SMF), a cross-party think-tank, is calling on the UK Government to follow Germany’s lead and launch an information campaign that provides practical tips on reducing household energy demand.
In Germany, a national energy-saving campaign has seen lights turned off in some public buildings, heating turned down and households encouraged to minimise energy use. Since the campaign was launched in September, Germany’s gas consumption has been between 20 per cent and 37 per cent lower than at similar times in earlier years.
In a newly released paper, the Social Market Foundation suggested that replicating such reductions in energy use across the UK could deliver household savings of between £250-£400 a year. Reducing energy use would also deliver significant savings for the public finances, since the £2,500 Energy Price Guarantee policy currently means that taxpayers subsidise every unit of energy used in the UK.
The Social Market Foundation estimates that the Treasury could save up to £9.3billion on the price guarantee policy if British energy demand fell as much as Germany’s.
The German energy saving campaign is based on providing easy options to consumers already looking to reduce demand of their own accord, and strong encouragement from national leaders to save energy.
The German government’s package of energy-saving measures includes ‘offering practical tips, suggestions, and examples to make saving energy as easy as possible’, and it has so far refrained from imposing policies that force households
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Good afternoon Insiders and a happy holiday to you all, Max Goldbart here seeing out the year. We’re inching slowly towards the holiday and have just got a quick summary of the week’s headlines and some Essentials for you this week. We’ll be taking a well-earned (we hope!) break next week but back all systems go on Friday January 6. Until then, our heartfelt thanks go out to all you Insider readers. We are nothing without you. Merry Xmas, Happy Chanukah and a Happy New Year.