Carbon Trust announces Big Business Refit to help SMEs slash energy bills by £40m
The Carbon Trust is to help thousands of small and medium sized businesses drive down their costs by as much as £40m through a new programme - The Big Business Refit.
The Big Business Refit will offer SMEs expert advice and financial support to slash their energy costs by scrapping old inefficient equipment and replacing it with new energy efficient models.
It follows a recession-driven surge in demand for the Carbon Trust’s interest-free business loans. In the first six months of 2009, hundreds of SMEs from bakeries to plastics factories have been given loans at zero-interest to equip their businesses with the latest energy-saving technology. As a result, they are saving an average of £14,000 each on their annual energy bills – a collective total of almost £6m a year.
Tom Delay, chief executive, the Carbon Trust, said: “Business owners are realising that for every month they ‘make do and mend’ with old inefficient equipment, they are wasting more cash on unnecessarily high energy bills.”
“With credit all but dried up elsewhere, the Big Business Refit breaks the deadlock by helping SMEs to buy the equipment that will both slash their costs and often transform their businesses.”
SMEs that want to take part in the Big Business Refit can get expert advice from the Carbon Trust by calling 01865 885879.
Read more: http://www.carbontrust.co.uk/News/presscentre/big-business-refit.htm
www.ukba.co.uk
Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts
Saturday, 12 September 2009
Monday, 31 August 2009
Energy firms squeeze SMEs for payment
Britain's big energy companies are forcing up to 250,000 small businesses to pay for their energy up to six months in advance.
In the current economic climate with cash flow tight for many small firms there are concerns that this new stance from energy companies could force some SMEs out of business.
Alistair Buchanan, chief executive of Ofgem, the energy regulator, called the companies to a meeting in London last week to express mounting concern about the practice.
"The energy companies have started using very aggressive tactics.... But asking for money upfront puts businesses in an even more precarious position," said Stephen Alambritis of the Federation of Small Businesses.
www.ukba.co.uk
In the current economic climate with cash flow tight for many small firms there are concerns that this new stance from energy companies could force some SMEs out of business.
Alistair Buchanan, chief executive of Ofgem, the energy regulator, called the companies to a meeting in London last week to express mounting concern about the practice.
"The energy companies have started using very aggressive tactics.... But asking for money upfront puts businesses in an even more precarious position," said Stephen Alambritis of the Federation of Small Businesses.
www.ukba.co.uk
Monday, 3 August 2009
Businesses can use U-Switch to save on energy prices
The price comparison and switching site uSwitch.com has launched a service to help Britain's estimated 4.7 million small businesses obtain a better deal on energy. The move is in response to growing numbers of calls from SMEs keen to cut costs because of the recession. It is claimed the service – www.uswitchforbusiness.com – could help SMEs save up to 50 per cent on energy bills.
Businesses can go online or call 0800 051 5343 to get information and a quotation on the best deal for their needs. Just as with households, estimates are based on the company's energy consumption and are given after comparing the latest tariffs provided by a range of energy suppliers and selecting the most competitive rates.
The average SME electricity bill is just over £2,500 per year, while the average gas bill is just over £3,200. Although many owners run their business from home, about 3 million SMEs have stand-alone business premises and may be locked into a contract with a supplier. These contracts come up for regular renewal, but only a third of SMEs check the market before signing their next contract. As a result, they often end up paying too much for their energy.
www.ukba.co.uk
Businesses can go online or call 0800 051 5343 to get information and a quotation on the best deal for their needs. Just as with households, estimates are based on the company's energy consumption and are given after comparing the latest tariffs provided by a range of energy suppliers and selecting the most competitive rates.
The average SME electricity bill is just over £2,500 per year, while the average gas bill is just over £3,200. Although many owners run their business from home, about 3 million SMEs have stand-alone business premises and may be locked into a contract with a supplier. These contracts come up for regular renewal, but only a third of SMEs check the market before signing their next contract. As a result, they often end up paying too much for their energy.
www.ukba.co.uk
Sunday, 5 April 2009
Save money by switching energy suppliers
More than seven out of ten small businesses think that changing energy suppliers will save them money, but only 43% have actually taken action, according to research by uSwitchforbusiness.com.
The research found that cost is the number one factor that small firms look at when choosing an energy supplier, with concerns over customer service and environmental issues becoming less important in the recession.
The survey also revealed that the average small company pays more than £2,500 a year on electricity and faces gas bills of over £3,200.
www.ukba.co.uk
The research found that cost is the number one factor that small firms look at when choosing an energy supplier, with concerns over customer service and environmental issues becoming less important in the recession.
The survey also revealed that the average small company pays more than £2,500 a year on electricity and faces gas bills of over £3,200.
www.ukba.co.uk
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