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Enigin Update - UK Retailers and Business Services Firms to Lose Out

Enigin Update - UK Retailers and Business Services Firms to Lose Out

RESEARCH reveals that UK retailers and business services firms are least likely to invest in energy efficiency this year, missing out on 20 percent or more savings on energy costs.

The figures from British Gas indicate that 26 percent of retailers and 22 percent of business services firms, including corporate lawyers and accountants, do not plan on spending anything on energy efficiency at all in 2011. In contrast, organisations in the industrial and public sectors plan to spend the most on energy efficiency this year, with 32 percent and 30 percent respectively saying they’ll spend over £5,000.

Simple steps including monitoring usage and installing energy efficiency devices along with other low and no cost options, including supporting positive behavioural changes among employees, can quickly save 10 percent of costs leaving such businesses thousands of pounds better off.

Other, more involved measures, which generate greater savings – such as building controls and microgeneration – can cut bills by upwards of 20 percent or more.

Those businesses that opt for long-term cost saving measures – such as installing energy efficiency technologies, such as from Enigin – stand to gain not only from cost savings and reduced consumption, but will reap reputational benefits through compliance with current legislation such as the CRC.

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.”

Enigin, through their network of Enigin Distributors, offer energy efficient solutions and technology which provide a rapid return on investment, offering substantial savings on energy costs.

Westfield Mall London by Jim Linwood

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