How to switch energy supplier when moving house
Moving house: a checklist for organising your energy supply...
Ever wondered what all of your household bills would add up to over the course of your entire adult life?
We recently conducted a survey asking 2,000 UK adults how much they spend on their household bills – and the results are pretty mind-blowing.
Quite surprisingly, with everything thrown in - from your mortgage/rent payments to your weekly food shop - the average person will spend around £1.2million on household bills throughout their adult life.
Here’s a breakdown of where all that money goes:
Naturally, one of the very biggest costs is putting a roof over our heads.
The average person will spend £280,000 on their rent and mortgage payments alone throughout their lifetime. This doesn’t even account for council tax, which sets bill-payers back over £1,000 a year alone.
Electricity and gas Bills
Collectively, the cost of utility bills equates to more than £77,000 across the average adult lifetime.
According to our survey, this breaks down as £342.08 per year for Water, £434.08 per year for Gas and £511.56 per year for Electric.
That’s a decent chunk of money, to keep the lights on. There is, another way, why not have a look here for more info here.
You won’t find many UK households now without some sort of internet and broadband package. And with a lifetime cost of £13,500, no wonder your broadband provider wants you to stay connected.
A huge chunk of our money each month is spent on filling our stomachs.
However, the ever-increasing cost of food means that the average person has to cough up £3,790.80 a year just to put food on the table. That equates to a staggering lifetime cost £228,585.24.
Missing an episode of The Walking Dead is against the law in the UK and with such an enormous array of square-eye inducing box sets, it means we are paying more for TV services.
Signing-up to a Sky or cable TV package presents a significant outlay from our monthly household budgets. In fact, our study found that TV packages cost the average person a lifetime amount of around £18,000.
|SPEND PER YEAR SPEND PER ADULT LIFETIME
|Mortgage / rent||4,630.68||279,230.00|
|Internet bill / spend||224.52||13,538.56|
|Sky / cable||296.76||17,894.63|
Despite, these household bills costs, our study found that some people could ease the pressure a little with a few tweaks here and there. For example, we found that 23% have a running direct debit for something they don’t use or need. This could be anything from a gym membership to a subscription to a streaming service such as Netflix.
Also, 20 per cent delay switching energy suppliers even though it could save them up to £300 each year.
And, 85 per cent of people, however, do in-fact shop around for the best deals in an attempt to reduce their bills. Getting the best prices, in a time of huge competition, is crucial when it comes to saving money and freeing up funds to do the things that you enjoy.
For some tips on how to save energy and money, check out our energy saving myth buster blog, or get an energy quote to see how Powershop UK can help you switch it. Control it. Own it. You could save more than £140 against the Big Six with us.