“Almost a third of small firms highlight the cost of energy as a barrier to the growth and success of their business. Finding energy efficiency savings is the single best way of reducing these costs over the long-term. Small businesses need all the support and information they can get to help to make these savings wherever possible” - John Allan, National Chairman of the Federation of Small Businesses.
Being wasteful with your energy leads to your profits being drained - this is a known fact, and according to the Government’s energy projections - the price of energy will continue to increase moving towards and in 2020. The question is - is this loss avoidable? Does it really have to be a negative thing? At Energyst, we believe it doesn’t have to be.
The average SME can reduce its energy bill by 18-25% by installing energy efficiency measures with an average payback of only 1.5 years. Sometimes these savings can seem underwhelming, however it’s important to consider your profit margin and how many extra sales these savings equate to. For a company with a 5% profit margin - over the course of 3 years, a £500-a-year saving from energy efficiency makes the same profit as £30,000 of extra sales.
Reducing energy use doesn’t always mean a high initial investment - your business can cut costs through low to medium priced measures such as replacing lights or heating systems. These are very commonly in use and increasing their efficiency is simple and profitable.
Reach out to Energyst to find a solution which works for you.