Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Survey reveals a third of people favour renewable energy investment

Almost a third of the public favour investing in renewable energy, second only to property, according to the Great British Money Survey carried out by One Poll.

The survey, which was commissioned by crowdfunding platform Abundance Generation, found 33 per cent of respondents preferred to put their money into renewable energy, Renews reported.

Some 43 per cent favoured property, while investments in conventional energy, such as oil, coal and gas, attracted the backing of 23 per cent of people surveyed.

Among 18 to 24 year olds, renewable energy was the number one investment choice.

A majority of respondents, 55 per cent said they viewed renewables as medium to low risk and only 26 per cent view the sector as high to very high risk, with 19 per cent unsure.

More than two-thirds, 68 per cent, said renewable energy investments would be attractive at an 8 per cent return.

Three-quarters of people polled also said they would be unhappy if their money was invested in companies that damage the environment or are otherwise unethical.

The survey was carried out to gather insight into the spending and investment habits of 2,000 people across the country.

Abundance Generation enables people to invest in renewable energy projects across the UK from as little as £5.

It has raised nearly £4m for wind and solar projects since 2011, including the BNRG Gorse project in Kent and Sunshare Community Nottingham.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.