Britons forced to take loans in order to pay their energy bills, survey reveals


A new survey by Circle Housing Group claims that one in five adults took out a loan in the past 12 months, with around 17% doing so in order to cover their energy bills.

According to a news report on the matter, only a mere 8% of the 2,000 people surveyed had not borrowed money this year, which is quite a worrying reality, all things considered.

Matt Earnshaw, Group Financial Inclusion Manager at Circle Housing said: “These figures are very concerning and demonstrate the difficulties that many people are currently facing when it comes to managing their day to day finances.”

“In the social housing sector we know many are struggling to deal with rising food bills and spiralling energy costs and are being caught out by emergencies and life changing events, such as ill health, which can make debt become unmanageable.”

If you’re worried that this winter’s heating bills will severely affect your bank balance, then rest assured that HeatingSave can sort that problem out for you, practically allowing you to enjoy a superior level of thermal comfort while in the same time helping you save quite a bit of money.

In fact, our proven, efficient building energy management system will allow you to reduce your heating bills by 20% to 30%+ by running your heating more efficiently, while also taking into account a variety of factors, such as internal and external temperatures, flow and return temperatures, occupancy, etc.

HeatingSave works on most types of central heating systems that use natural gas, oil, solid fuel (such as anthracite), electricity or LPG. HeatingSave will also control renewable heating systems, such as air & ground source and wood burners.

If you’d like to get more information regarding HeatingSave’s extensive list of features, as well as the savings it enables, just get in touch with our dedicated product team, they’ll be more than happy to answer all of your questions and queries.

Cant find what you're looking for?

Enter a search term below (e.g. "Thermostatic Radiator Valves") and we'll find all of our relevant content for you.

A Tensor plc company
HeatingSave Accreditations