6.7m People Planning to Cut Back on Showers and Baths to Cope with Rising Energy Bills
A recent survey conducted by National Debtline revealed that approximately 6.7 million individuals in the UK are considering reducing the frequency of showers and baths in an effort to manage escalating energy costs as winter approaches. The study found that 45% of respondents are entering the winter season with financial concerns, with a quarter indicating that these worries are negatively impacting their health, and 22% admitting to losing sleep over financial strains.
According to the survey, 12% of participants are intending to limit their baths and showers to mitigate the burden of increased energy expenses. Data from Ofgem highlights a record £3.7 billion in energy arrears. The average household energy bill surged by £149 annually following a price cap adjustment to £1,717 for a standard dual fuel household in England, Scotland, and Wales.
The research conducted by National Debtline revealed that over half of UK adults (53%) are preparing to take specific actions this winter to cope with energy expenses. Among the strategies planned, 14% intend to reduce Christmas spending, 14% aim to cut back on essential purchases, and 8% are considering selling personal belongings to offset rising bills.
Despite the financial challenges many face, the survey showed that 17% have chosen not to share their money worries with others. National Debtline expressed concerns over the fact that numerous individuals are dealing with financial distress in isolation. Interestingly, while women were more likely to express concerns about affording energy bills, men were twice as likely to seek debt advice.
National Debtline is advocating for a Help to Repay scheme to aid individuals trapped in energy debt through debt write-off and repayment matching. The Chief Executive of the Money Advice Trust, which oversees National Debtline, Steve Vaid, emphasised the importance of seeking help and support rather than suffering silently. The charity disclosed that their advisers assisted 90,000 individuals in managing debts last year, resulting in reduced or stabilised debts for 80% of the cases and a positive impact on mental and emotional well-being for 70%.
The survey was conducted by Opinium, polling 2,000 UK adults from November 1 to 5. If you are concerned about your financial situation this winter, National Debtline encourages you to reach out to their free advice service for assistance. They emphasise that no one should face financial difficulties alone and stress the support available to help individuals navigate financial challenges this winter.
In conclusion, as the winter season approaches, many individuals in the UK are grappling with the financial strain of rising energy costs. It is crucial to seek support and guidance when experiencing financial difficulties to ensure overall well-being and stability during challenging times.