Businesses can potentially save a fortune by looking at alternate energy suppliers
(PRWEB) February 24, 2010
With the recent announcement that the UK Treasury is currently £4.3bn in the red (due to a fall in both Income and Corporation tax receipts) and the statistic that unemployment has risen to 1.64 million, its highest level since Labour took control in 1997; the UK is potentially up for the dreaded ‘double-dip’ in April.
Part of the government’s strategy, to get the country out of recession, has been to promote entrepreneurialism and get small businesses up and running again. Whether this will happen is another question that is yet to be fully understood – especially with banks unwilling to loan at the rates and consistency that they once did.
However, what is starting to filter into people’s thinking are environmental and social responsibility concerns; both politically and economically. This thinking has been accelerated by the United Nations announcement that one third of the profits of the world’s biggest companies could potentially be wiped out, if they were to be held accountable for the pollution and environmental damage they have caused. The thought process has already begun with Britain wanting to lead the way in renewable energy technology and industry, to help reduce the country’s overall carbon footprint and regenerate the economy. However, attempts for the UK to become a more inclusive society with the emphasis on social justice and responsibility, is seemingly being placed on the shrugged shoulders of businesses.
Becoming a social responsible business does not take place overnight and the usual stumbling block of changing a pattern of behaviour is cost. As both new and current business continue to look at ways in which they can reduce their overheads, it is more than likely that staff and personel will be affected rather than looking at the slightly less obvious ways in which both cost saving and environmental responsibilities can be achieved. Perhaps the fastest way in which this can be achieved for business is to look at energy costs and energy choices.
The business energy sector operates differently from that of the domestic market, in that there are contracts of supply that generally last from 1 to 2 years (unlike the domestic market where a contract of 28 days is the norm). Businesses can potentially save a fortune by looking at alternate energy suppliers, as most will blindly sign a contract and/or stay with their current supplier, without knowing the options that are out there. It is also possible to find, not only a cheaper energy provider but a more environmentally friendly one that will help reduce a business’ carbon footprint. Ofgem has recently released a certification scheme whereby energy providers have to prove that the tariffs they offer have genuine environmental benefits, above those that they already have to provide.