European households are massively switching to techniques with reduce energy costs, including installing solar panels, it has been reported. It is estimated that solar panels can save up to $2,000 a year.
Roughly 66% of Swedish households reported making home improvements recently, including switching to more efficient lighting and sealing windows and doors in order to preserve heat. 70% of German citizens report investing in energy-saving products, while 25% of UK citizens claim they are considering energy-saving changes.
The British government launched a one-billion-pound program that aims to improve insulation in energy-inefficient homes last month. In Germany, a similar program already exists, and it was re-introduced with the onslaught of the energy crisis.
Experts have also noted growing interest in so-called passive houses - ultra-low energy buildings that combine different techniques to trap and reuse natural body heat. Manufacturers of passive houses claim that there is definitely a rising demand for their production.
However, despite all these efforts, Europe's total energy bill has topped $1 trillion, with anti-Russian sanctions backfiring on European economies and accelerating inflation.