2022/23 has seen some of the highest energy prices in history for businesses across the UK, and there are no signs of a reprieve any time soon.
Without action, you could see your company become financially unviable in the very near future, and many businesses have already fallen by the wayside as a result of unsustainable electricity and gas price hikes.
Don’t let global trends and energy supplier greed put the business that you have worked so hard to grow under threat and put the fate of your future in your own hands with renewable energy technologies that allow you to generate your very own energy right here on your own premises.
We have already helped businesses of all shapes and sizes across the UK become more sustainable and self-sufficient with our bespoke energy solutions and energy efficiency audits and would be delighted if you were the next.
In this blog, we will give you some top tips for how to protect your business from rising energy bills and achieve the sustainable growth you are looking for.
Why are commercial energy prices so high?
Over the past two years, there has been a significant rise in the demand for energy, particularly LNG, across Europe in particular. A lack of Russian gas supply has led to LNG being at a premium, causing demand, and prices, to skyrocket.
Forecasts show that gas prices are set to remain at record levels in the months, and possibly even years to come, making it extremely challenging for businesses to find affordable ways to heat their premises, power their fleet, and keep their operations on track.
The electricity market hasn’t fared much better either, with high gas prices driving the price of electricity higher along with it. These two markets have historically been tied together and recent trends show no signs of this changing any time soon.
What can businesses do?
By far the most sustainable and cost effective way to protect your business from energy price rises in the long-term is to invest in renewable energy technologies.
Many businesses across the UK have already tragically ceased trading as a result of energy price increases, simply being unable to afford the required energy to keep their premises open and operations running whilst maintaining a sustainable profit margin.
The hospitality industry has been particularly hard hit in this regard but no sector has escaped the effects of the rise and things are only set to get worse in the near future.
Generating your own energy on site, via renewable energy solutions such as solar panels, wind turbines, and more, is the only sure-fire way to protect your business, ensuring that you have a reliable and completely free source of electricity all year round.
We don’t only help businesses with their electricity requirements, either, but also with their heating needs, helping you to take control over every aspect of your business and ensuring you are no longer at the mercy of global energy trends.
In the past, we have successfully implemented Biomass pellet installations to help a number of different businesses meet their heating and hot water requirements at a time where gas prices were putting their very future in jeopardy, and they have been delighted with the results.
Consider an energy saving audit
No matter the energy contracts you are able to secure with your supplier, it is almost guaranteed that you will end up paying significantly more for your gas and electric than you have in the past.
To help keep costs down and possibly even keep your business viable, you have two options. Use less energy, or generate your own.
As mentioned above, there are many options for businesses looking to invest in renewable energy, becoming more sustainable and saving themselves thousands on their energy bills in the years to come.
If this is not currently an option for your business, or you are unsure which technologies would be best suited to your needs, an energy efficiency audit, conducted by our highly trained team of energy experts could be the perfect solution.
Once on site, our team will conduct a detailed investigation into energy use on your property, walking round your site with you or a member of your maintenance team to identify any changes that you could make to reduce your energy expenditure.
By following their advice and making simple changes to business operations that have no impact on your productivity or site safety, your energy requirements will drop, and so will your energy bills.
Get in Touch
For more information on energy efficiency audits or any of the renewable energy solutions that we provide to businesses across the UK to help protect them from potentially catastrophic energy price hikes, get in touch with our expert team today.
We specialise in designing bespoke solutions for each of our commercial clients to help meet their exact energy requirements based on the nature of their business and the location of their premises. Visit our testimonials page to learn more about the ways in which businesses across the nation are already enjoying the benefits of our market leading renewable technologies.
