SME Businesses Not Taking Action
Energy efficiency measures have still not been implemented by a quarter of small and medium-sized businesses (SMEs), according to new RWE npower research.
The survey of more than 500 SMEs across the UK showed just four out of ten (41%) viewed energy efficiency as a key priority.
It also found that despite a prevalence of one year contracts and regular switching opportunities, just 43% had switched energy supplier twice or more, and that only 56% of businesses said they took a planned approach to energy consumption despite it being one of their major cost concerns.
Phil Scholes, SME markets director at npower, said:
“The energy picture formed by the SMEs’ responses demonstrates that, while some companies have embraced a strategy to minimise energy cost risk, as well as undertaking measures to reduce energy consumption levels and cost, many others are still not taking advantage of the solutions on offer.
“Addressing energy costs by switching suppliers, fixing price and embracing energy efficiency, will improve the bottom line and help small businesses plan confidently for the future.”
According to the Carbon Trust, UK businesses could collectively save over £400 million a year just by taking steps to improve the efficiency of hot water boilers.
Introducing energy efficiency measures to your business is more straight forward than you might think, and under the Green Deal you can get a loan to pay for the work – visit our energy efficiency pages to find out more, whether its simple disciplines or major infrastructure projects, every little helps.