CREATE TABLE table_31189 ("Year" TEXT, "Universities" FLOAT, "No. of Students Signed up" FLOAT, "% electricity reduction" TEXT, "Tonnes of CO2 Saved" FLOAT, "\\u00a3 Saved" TEXT)

When 337,000 is saved what is the percentage of electricity reduction?
SELECT "% electricity reduction" FROM table_31189 WHERE "\u00a3 Saved" = '£337,000'
SELECT "% electricity reduction" FROM "table_31189" WHERE "\u00a3 Saved" = '£337,000'