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Spring Clean your finances to save over £800 in the next year

With the change of season, the nation’s ‘Bills Bosses’ spring into action to refresh their household finances. Smart Energy GB has teamed up with Kate Thornton to uncover the different ways Britain’s Bills Bosses are saving energy and money this spring.

How much could I save by taking Bill Boss action?

Two in three households say they have a ‘Bills Boss’, who champions money saving in the home and searches for the best deals.

85% of Brits say the work the Bills Boss is invaluable.

By making a few simple switches today, such as getting a smart meter, households could save over £800 a year.

 

Kate Thorton talks to the nation's Bills Bosses

Journalist and broadcaster Kate Thornton took to the streets of Bromley to find some real-life Bills Bosses and chat about how they are saving money in their households. 

Could you be a Bills Boss and save money?

There’s no denying the Bills Boss gets things done, with Brits saying having one person responsible for the household finances helps to avoid confusion.

And 60% say that the change in season encourages them to have a clear out, not just of their homes, but their finances too.

Bills Boss money-saving action

Smart Energy GB worked with John Gathergood, Professor of Economics at the University of Nottingham, to calculate the savings that could be made from a few simple switches.

His research found that by doing a financial spring clean across six one-off actions today, Brits could save over £800 over the next twelve months.

Those six money-saving actions include:

  • cancelling unused subscriptions
  • tracking energy use and using energy flexibly with a smart meter
  • lowering the thermostat by one degree
  • shopping around for insurance
  • switching broadband provider
  • reviewing your mobile phone contract
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Smart meter owners say they are saving money

When it comes to saving money on energy bills, almost half (46%) of smart meter owners say that taking part in an energy saving reward scheme has saved them money. And three in five people with a smart meter agree it encourages their household to be more energy efficient.

In fact, smart meter owners say that their smart meter has helped them save £130 a year on average on energy.

For more information about smart meters and how they can help households stay in control of their energy use, search 'Get a smart meter'. 

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Saving money

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Saving energy

If you're looking to reduce energy consumption and stay on top of what you spent, a smart meter could help. Read about monitoring your energy usage with a smart meter.

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Saving the environment

A smart meter is a small step for households but could help reduce our carbon footprint and reliance on fossil fuels. Read about how a smart meter could help our environment.