News

Most consumers don’t invest in energy efficiency

Published

February 8, 2016

Comments

comments icon

0

Share

Published:

February 8, 2016

Comments:

comments icon

0

Share

Honeywell, a Fortune 100 company with operations in energy efficiency technology sector, said many homeowners in Turkey fail to implement technologies which cut heating bills and simplify the process, domestic media said. Results of a survey in Izmir, Istanbul and Ankara revealed 53% of respondents do not invest in reducing heating costs. A quarter heats the living space under the comfortable temperature level in wintertime and 63% in the category say they decide to do so in order to save, the company said in a press release.

Only 15% of homeowners use a thermostat to automatically set a suitable temperature and 70% of users in the given segment say the technology lowers bills, by an average of 19%, Hurriyet Daily News reported. Heating accounts for 16% of costs in Turkish households on average, Honeywell said. Heating bills average TRY 268 (EUR 82.7) per month – over a fifth of the national minimum wage, which the government raised last month by 30% to EUR 400. The majority of respondents, 52%, place gas costs in the winter in the categories of high and very high.

 

Related Articles

Cyprus curtails renewable electricity first half 2025 whole last year

Cyprus curtails as much renewable electricity in first half of 2025 as whole last year

09 July 2025 - Curtailments of renewable electricity in Cyprus topped 167 GWh in the first six months of 2025, equivalent to last year's entire cuts

romania energy storage anre double taxation

Romania ends double taxation of energy storage

09 July 2025 - The National Energy Regulatory Authority has approved the regulation on the elimination of double taxation of energy storage

serbia electricity demand heatwave dragan rakic ems

Serbia’s power demand soars 20%

09 July 2025 - Power demand in Serbia has increased by 15% to 20% over the past three weeks, according to Dragan Rakić, the head dispatcher of TSO EMS

Germany Netherlands emerging BESS optimization offtake deal hotspots

Germany, Netherlands emerging as BESS optimization, offtake deal hotspots

09 July 2025 - BESS dealmaking in Europe has evolved dramatically, driven by diminishing battery pack costs and the emergence of stackable revenue streams, Pexapark said