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In contrast, the research reveals that 26% of retailers and 22% of business services firms – including corporate lawyers and accountants – do not plan on spending anything on energy efficiency at all in 2011, missing out on potential savings of up to 20% on their energy costs.
Regional differences
The research findings highlight disparities in energy-efficiency spend across UK regions, with businesses in the North leading an energy-efficiency drive. The survey suggests such businesses intend to invest £4,750 on average in efficiency measures – more than five times as much as those in London and the South East, and significantly more than the countrywide average of £2,958.
Kanat Emiroglu, managing director of British Gas Business, said: “Rising costs and growing legislative requirements for carbon reduction mean that businesses are facing huge pressures to become more energy efficient. These findings are encouraging as they suggest that despite tough economic conditions, many UK businesses are playing a long-game and investing in energy efficiency measures. Such businesses need the right information and support to enable them to make the best possible investment choices and reap the maximum benefit. Helping them get this right is vital to ensuring their long-term success.”
Top five energy-saving measures from British Gas
- Being energy smart: understand your energy usage. Smart Meters, giving real time readings of energy usage, can play a transformational role in helping businesses understand the opportunity which energy management brings to the management table.
- Create an open dialogue with your energy supplier. The energy sector is rapidly becoming a combined supply and services sector and businesses should start looking at their energy provider as a delivery partner.
- Avoid a penny rich, pound poor attitude. Long-term planning is critical. Taking steps to improve building management and energy efficiency will pay dividends in the near-term and deliver competitive advantages in the long-term.
- Maximising the advantages of government regulation & legalisation. Businesses can view this as both an opportunity and a threat, and use it to focus on becoming more energy efficient in order to surpass the competition.
- Enhance your reputation through taking responsibility. Customers, partners, employees and suppliers increasingly expect businesses to act responsibly, especially when it comes to their impact on the environment.
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