Over 35% of over 50s are concerned about the sacrifices they will have to make to pay their bills this winter
Half of over 50s blame the government for rising energy bills
As providers announce that gas prices alone are set to rise by up to 60%, Saga Home Insurance reveals that over 7 million* over 50s are already planning to make sacrifices elsewhere in order to meet the rising costs. And who do they blame… Government!
The Saga/Populus survey**, the largest panel of over 50s in the UK, reveals that 86% of people aged over 50 are already changing their lifestyle to meet the expected cost of rising energy bills. The most common money saving change is to make a conscious effort to use less energy (73%), followed by attempts to improve a home's energy efficiency (38%). Almost a quarter (23%) have had to dip into savings to pay energy bills.
Further research from Saga*** shows that over half (51%) of over 50s blame successive UK governments due to increasing fuel duty and putting VAT on domestic fuel, and 37% solely accuse the current Labour government.
Top 3 reasons for who is responsible for rising energy bills (all ages):
1. Successive UK governments (46%)
2. UK energy companies (44%)
3. Excessive global consumption (40%)
Notes to Editors-
* 35% of over 50s population (20 million).
** Populus received 9,307 responses from adults aged 50 and over to its online poll for SAGA between 11th and 17th July 2008. Populus is a member of the British Polling Council and abides by its rules. For more details go to www.populus.co.uk.
*** Research carried out by Opinium Research for Saga Home Insurance between 17th and 21st of July 2008 amongst a UK representative sample of 2,209 respondents.
For further press information please contact the Saga Press Office on: 01303 771529.