Own an investment property? Discover your profitability score and grow your wealth faster. TAKE THE TEST

← Back

A nation of energy savers

One in two Australian households plan to reduce their heating this winter, new research shows.
In a survey commissioned just before winter set in, Money.com.au found that half of us (51%) will reduce the use of non-essential appliances, while almost half (48%) will use appliances and power points only when necessary.

Quite a few (24%) of the respondents were prepared to switch energy providers to get lower rates, but not many (only 4%) were keen on changing the number of days they work from home each week.

Surprisingly, a quarter of respondents (25%) said they would not be changing their energy usage at home at all.

When comparing states, the survey found that the ACT and NSW are the most energy-conscious states, with 79% of respondents stating they will be changing their energy usage at home

Queenslanders, it seems, are the least concerned about their energy usage, though that might be because they don’t generally experience the same extremes of cold as other states do.

35% of Queenslanders will limit heating or cooling, along with 41% of South Australians, 43% of Victorians and NSW residents, and 44% of households in Western Australia.

Many (45%) of Queenslanders will reduce use of non-essential appliances, followed by 52% of WA residents, and 53% of Victorians and NSW residents.

Young people are more likely to lower their energy use. 90% of 18-to-24-year-olds plan to reduce their energy usage, compared with 65% of over-61s.

About Adam Nobel

CEO | Principal
M. Bus, Grad Dip Adv, B.Int Bus, LREA

adam@hugoalexander.com.au

0417 007 001

Adam is the founder and Principal of Hugo Alexander Property Group. With a previous career in advertising, 22 years experience in property investment, and 16 years in Brisbane real estate, he knows the market inside out to ensure his clients grow their wealth faster.

Google Rating
5.0