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News

Saving money the top reason for reducing home energy consumption

Intamac Systems : 29 October, 2009  (Technical Article)
A survey from home monitoring and security company Intamac shows that UK and US home owners put financial savings above climate change for reducing energy consumption in the home
Consumers in the UK and US admit the main reason they want to conserve energy in the home is to save money rather than reduce the effects of global warming. This is according to research carried out by UK-based Intamac Systems, a global provider of home monitoring and control systems.

Intamac surveyed consumers across North America and the UK on their knowledge of the 'connected home' and what they'd like to control in their home and why. The research shows that the main reason consumers want to monitor and control their energy settings in the house isn't to reduce harm to the environment but to save money.

"In the UK only 28% of respondents said their priority for remotely monitoring and controlling water and electricity/gas settings in the home is to save the environment. Interestingly, there were even fewer people in the US with a green conscience - just 26%," said Kevin Meagher, founder and CEO of Intamac. "Their main priority across both regions is to save money, with a few people claiming safety in the home - for example preventing risk or damage from water leaks or fire hazards - as a third factor of choice."

With global warming still a key issue in both the UK and US, consumers need to recognise that conserving energy can have both financial and environmental advantages. The key is to provide an easy way of measuring the effects of energy reduction on your pocket, at the same time as on your household carbon footprint.

"It's a sure sign of the times. Consumers are having to prioritise on their spending and while saving the environment is obviously important, personal finances are at the top of the list," explained Meagher. "This isn't likely to change anytime soon if the predicted increase in domestic energy prices is anything to go by. We've learned that the best way to help the environment is to help the consumer which is who we've designed our new web-based smart energy monitoring service for. Linked directly to an in-home display, it'll show the consumer where in the house they can save energy and so help reduce their monthly bills."

"Cutting energy costs has many benefits to the consumer and the environment. For the consumer to take it seriously all that's needed is a simple way of monitoring energy consumption to help identify a way to cut usage levels and so reduce bills," he concluded.


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