A new campaign to help SMEs increase their energy efficiency and drive down bills by making simple changes at low-to-no cost has been launched by the government.
The campaign offers guidance on how organisations can make significant savings while cutting emissions, from installing light and heating timers, to turning down boiler flow temperature and changing light bulbs.
Many organisations are already aware of ways to boost their energy efficiency and have put these measures into practice. However, a substantial number of businesses are missing out on huge potential savings, due to a lack of information on how to cut down on their energy costs.
For many companies, a 20% cut in energy costs represents the same bottom-line benefit as a 5% increase in sales, according to Minister for Energy Efficiency and Green Finance Lord Callanan. He said: “Falling wholesale energy prices are welcome news, but this in no way changes our firm, long-term commitments to vastly boost UK energy efficiency across industry and households.
“From today businesses, charities and public sector bodies can access helpful and practical advice on simple actions they can take to substantially reduce their energy use – and potentially increase profits.
“Not only will this help lower operational costs by up to hundreds of thousands of pounds, but smarter energy use will help us deliver on our critical pledges to cut demand by 15% and reach net zero by 2050.”