As the winter season unfolds, Estonians are reminded of the financial burden posed by high electricity bills, especially with February bringing record-high charges for many households. Helina Kikas, the head of household loans at Luminor, offers strategies for families struggling to manage these expenses and highlights the importance of proactive measures in energy consumption.

Kikas emphasizes the potential benefits of home renovations as an effective method for reducing energy costs in the long run. By improving insulation, upgrading windows, and utilizing energy-efficient appliances, families can significantly lower their energy consumption. Although the initial investment in renovations may seem daunting, Kikas argues that these costs will be outweighed by the savings on electricity bills over time.

The advice comes at a crucial moment, as many families in Estonia confront unprecedented electricity expenditures. Kikas's insights shed light on the ongoing energy crisis affecting households and suggest practical solutions that could ease financial strains while also contributing to better energy efficiency within homes.