New research released today reveals that while many of us are aware of the cost of a TV Licence, many of us fail to anticipate how much our energy and other utility bills are.
Research released today by E.ON shows that the British public are far more tuned in to the costs of purchasing a TV Licence (90%) and a monthly Netflix subscription (74%) than the price of their monthly energy bill, with only a third of us (37%) aware of how much it is costing.
E.ON commissioned the research to gauge people’s understanding of the cost of everyday purchases and services compared to their energy costs.
When asked to select the correct price of items from a choice of three, the results revealed Brits are also more likely to know the cost of six free range eggs and a first class stamp than the running costs of everyday domestic appliances such as kettles, dishwashers and hairdryers and the cost of their monthly energy bill.
While many (64%) claim they have a good idea of how much their energy bill will vary month on month, only 1 in 10 (14%) know exactly when their energy bill is due or when their payment will be taken.
What’s more, seven in 10 people (69%) with a prepayment meter admit that they’ve run out of credit when they weren’t expecting to.
When asked which household outgoings had surprised them most in the past, energy bills come out top with a third (33%) of people failing to anticipate how much they’d cost. This is closely followed by weekly grocery shopping bills (29%), booking fees (29%), phone bills (27%) and the cost of buying Christmas presents (24%).