Energy bills could increase by double the amount government claims because consumers aren’t buying energy efficient products.
Over the next ten years the increase to energy bills could be £127 rather than the £64 predicted by government, according to a report by the Institute for Public Policy Research for Global Action plan.
They say that the slow take up of energy efficient appliances is due to a lack of both government policies and support for consumers – such as confusing labelling.
Which? research shows that the cost of running an appliance can vary widely. If you’re planning a new purchase check out our guide to buying energy saving appliances. Not a Which? member? You can sign up to a £1 trial to gain full access to our reviews and Best Buys.
Energy costs calculator
Rising energy cost and energy bills are consumers’ top concern with each household spending around £300 a year powering their appliances. By swapping to more efficient products by 2030 households could make an annual saving of £75.
When buying a new home appliance it’s not only the upfront cost you need to think about but the running costs too. Our easy-to-use cost calculators allow you to search and compare the cost of buying and running different models so you can find the best option for you.
A 32-inch TV can vary from £8 to £22 a year and the cost of running a fridge freezer can vary by £62 depending on the model you buy.
Energy efficient appliances
The report shows that UK consumers lag behind the rest of the EU countries when buying energy efficient appliances.
In Germany the most energy efficient fridges and freezers accounted for 87% of sales whereas in the UK this number was only 30%.
The group has suggested the government introduces a scrappage scheme which would help consumers replace older appliances with newer, more efficient ones.