5 ways to reduce your home energy bills

The guide outlines five specific methods for reducing household energy consumption: lowering thermostat temperatures, insulating water tanks and pipes, draught-proofing, optimizing appliance use, and shortening shower times. It contextualizes these tips within a period of high energy inflation in the EU, where gas and electricity prices have risen significantly since 2018, disproportionately affecting low-income households.

• Energy costs in the EU have risen significantly since 2018, with gas prices increasing by over 50% and electricity costs rising by nearly 30%. Overall energy inflation in the EU for 2022 is 41%.
• Heating, cooling, and hot water provision are the primary drivers of domestic energy use, accounting for nearly 80% of total consumption according to EU research.
• Five specific actions can reduce energy bills: lowering the heating thermostat (which can save approximately 4% per degree reduced), insulating hot water tanks and pipes, draught-proofing doors, windows, and chimneys, running appliances only with full loads, and reducing shower duration.
• Buildings in the European Union are a major source of emissions and energy use, consuming 40% of overall energy and emitting 36% of total CO2 emissions.

APA

Torkington, S. (2022). 5 ways to reduce your home energy bills. World Economic Forum. https://www.weforum.org/stories/energy-transition/home-energy-cost-savings/

Chicago

Torkington, Simon. 5 ways to reduce your home energy bills. World Economic Forum, 2022. https://www.weforum.org/stories/energy-transition/home-energy-cost-savings/.

Wikipedia

{{cite report |last1=Torkington |first1=Simon |title=5 ways to reduce your home energy bills |publisher=World Economic Forum |date=20 October 2022 |url=https://www.weforum.org/stories/energy-transition/home-energy-cost-savings/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{torkington2022ways, author = {Torkington, Simon}, title = {{5 ways to reduce your home energy bills}}, institution = {World Economic Forum}, year = {2022}, month = oct, url = {https://www.weforum.org/stories/energy-transition/home-energy-cost-savings/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }