News

Most consumers don’t invest in energy efficiency

Published

February 8, 2016

Comments

0

Share

Published:

February 8, 2016

Comments:

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

Eurelectric: Greece, Romania and Slovenia called to invest billions for power grids

Europe requires EUR 67 billion per year for power distribution upgrades

23 May 2024 - Strengthening apower distribution grids across Europe between 2025 and 2050 will require EUR 67 billion per year, Eurelectric calculated

EU key energy market reforms coming into force

EU’s key energy market reforms coming into force

22 May 2024 - The EU enacted electricity and gas market reforms and a framework to boost the development of hydrogen and other decarbonized gases

energy-intensive-industries-serbia-CBAM

Serbia’s energy-intensive industries brace for CBAM, seek state support to apply decarbonization solutions

22 May 2024 - Companies in Serbia are not afraid of decarbonization and CBAM, but are worried the state does not recognize what needs to be done to help the affected industries

SolarEdge 3D house with Israel products_evening (2)

SolarEdge Home – the premium solar system even more affordable

22 May 2024 - SolarEdge is known for offering the most premium equipment on the market, but if you are wondering if SolarEdge DC optimization is useful on residential property, the answer is “yes, definitely"