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Energy costs ranked among the most important SME concerns

 

UK SMEs are expected to rely more on renewable power as energy bills continue to rise.

 

According to the latest research from the Forum of Private Business, energy costs are among the most important infrastructure issues faced by small businesses in
the UK.

 

The proactive business support organisation, which is focused on the growth and profitability of small businesses, reported the results from its Referendum survey on ‘Infrastructure for Growth’. A total of 80 percent of Forum members responding to the survey believe that energy costs are ‘very important’ or ‘important’ when running an SME. The reliability of the energy supply was also highlighted as a key issue for 75 percent of respondents.

 

This news comes as more businesses begin to look towards renewable energy as an alternative to increasingly expensive conventional fuels. According to solar
energy company Eco Environments, the amount of businesses in the UK looking to reduce energy bills and reliance on the National Grid by installing solar PV has
increased since Government relaxed planning rules this year.

 

Mark Buchanan, Eco Environments’ Commercial Director, said: “We have already noticed a sharp rise in the number of enquiries from businesses since the
planning changes came into effect at the start of April.

 

“A major focus for us is increasing the amount of work we do with commercial customers showing them how a holistic renewable energy strategy can really pay
dividends in terms of energy efficiency and financial prudency.”

 

Renewable energy is expected to play a significantly important role in UK business environments as energy prices continue to rise.

 

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