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How has working from home bagged Brits £3.46 billion in savings?

As the Covid-19 pandemic subsides, more people are returning to their place of work. Therefore, time spent working from home might soon feel like a distant memory.  

However, with news showing that energy bills have increased as a result of more people working from home, the economic impact might take longer to dissipate from our minds.

This led the experts at SaveOnEnergy to investigate how Brits have been affected by surveying 3,573 people. 

Energy switching site SaveOnEnergy also calculated the average savings Brits have made by not commuting or buying lunch and coffees when working from home.

Survey Results

Save on - Survey Table 1 WFH

For our first set of questions, we asked respondents about working from home in lockdown:

Worryingly, 64% of Brits have seen an increase in bills and 76% admit this has caused them to feel stressed. Subsequently, 73% of Brits feel their employer should pay expenses towards working from home – or provide compensation in some way. 

With 62% of people feeling  uncomfortable about going back to work, and a massive 84% who prefer working from home, it’s clear that, with some financial support from employers, it’s a new way of working many Brits agree with.  

Next, we asked respondents to comment on life post-lockdown:

Save on - Life post lockdown table 2 - WFH

These results tell us that, despite rising bills, working from home has been a success for most people. In fact, over half (52%) of Brits say they have saved money. 

However, the overall experience has led 93% of respondents to agree energy companies should do more to support customers when unprecedented events like Covid-19 take place.

Concerning life back at the office, Brits are adamant safety measures such as screens between desks (73%) and a one way system (64%) are implemented. 

What were the average savings?

To crunch the numbers SaveOnEnergy asked respondents to share the average length of their commute and how much they typically spent on things like lunch and their daily coffee habit at the office. Answers were taken to find an average amount saved.

Save on - monthly savings WFH table 3

This suggests Brits working from home have banked an average saving of £867 during lockdown and according to GOV UK, with an estimated 4 million people working from home during the peak of the pandemic, that works out at approximately £3,468,000,000 in savings shared between these workers.