Over half (53%) also said they rely on apps and the internet when looking for guidance on their finances, compared to asking family (15%) or friends (5%).
The data confirms that smart meters and energy apps are providing benefits, with over one third (35%) saying that this technology has helped them understand and monitor their energy usage more effectively. 39% of people also said that using finance apps actively helps them to save money, with a further 36% stating that they now understand their finances better as a result of using apps.
Steve Harris, Energy Director, OVO Energy said: “Smart meters have added value to millions of customers across the UK, offering innovative features to manage energy usage while also supporting future-facing technologies to make energy cleaner and more abundant for everyone. The research shows that Brits who have signed up for a smart meter are reaping the rewards and we encourage anyone without a meter to get one and access the latest energy technologies.”
OVO’s findings suggest that technology is also providing an educational benefit, with 52% of people surveyed saying that they regularly learn something from apps. For example, one in three said they now run their home more efficiently as a result of using apps and smart technology. The results also revealed the three types of app that Brits rely on most:
- 56% said that they rely on apps to talk to friends and family every day
- 50% said they rely on apps to check news every day
- 47% use an app to wake them up every day
In the future, it’s likely that the reliance on apps will only increase, with 70% of those surveyed saying they expect future apps and smart technology to enable them to make smarter life choices in future.