UK businesses are under pressure on multiple fronts. Rising interest rates, inflation, supply chain disruption and the ongoing cost of living crisis are affecting small and medium businesses across Essex, Kent, London and the surrounding South East, add in the weight of high energy costs and many companies are close to breaking point.
At SolarTherm UK, we see first hand how rising energy prices affect local businesses. Predictions suggest energy prices will remain volatile for years to come and without proactive measures businesses may face unsustainable costs.
In this article we’ll analyse the impact of energy prices on businesses in the South East and practical ways to reduce energy consumption and costs.
The Impact of Rising Energy Prices on South East Businesses
Even though wholesale energy prices have fallen, many companies are still locked into fixed contracts with high tariffs. Looking ahead, one in five businesses are expecting to have to raise prices due to energy costs. For fast moving businesses across the South East, this added pressure is especially difficult to absorb.
How South East Businesses Can Combat Rising Energy Costs
Businesses need to take proactive steps to reduce energy consumption and protect their bottom line. Research shows that SMEs can cut their energy bills by 18-25% through energy efficiency measures and better energy management. From inefficient lighting to outdated heating systems, energy is being wasted on a daily basis. An energy audit is the first step towards cutting costs and help a business to identify where energy is being wasted and where steps can be taken to improve energy efficiency.
Upgrades such as LED lighting, smart heating controls, insulation and solar panel installations can significantly lower bills. At SolarTherm UK, we specialise in commercial solar panel solutions for businesses across Essex, Kent and the wider South East. We can help design and install an energy efficient solar panel system, helping to reduce reliance on the grid and protect against future price hikes.
Engage and motivate employees and create a culture of energy awareness is just as important as investing in renewable and energy saving technology. Small behavioural changes, switching off unused equipment or managing thermostat settings, can add up to substantial savings.
Building a Sustainable Future
The energy crisis isn’t going away anytime soon and businesses across the South East need to invest in long term strategies to secure their energy future. By improving efficiency and investing in renewable technology such as solar panels, companies can lower their energy bills, improve resilience against future price rises and cut carbon emissions.
At SolarTherm UK we’ve been helping businesses for over 15 years future proof their energy with cost-effective solar energy solutions.
Ready to Take Back Control of Your Energy Costs?
If you’re a business in Essex, Kent, London or the surrounding South East, now is the time to act. Speak to SolarTherm UK about our commercial solar panel installations and find out how much your business could save.
Contact us today for your free no obligation quote and design, tailored to your property, business, usage and future energy needs. No hard sell, just honest, expert advice.
Your business. Your energy. Your future.
