Opus Energy Survey Shows SME Owners Find Renewable Energy Too Expensive or Too Confusing

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Opus Energy, a business-to-business power supplier, has polled British SMEs. The research has found that only 12% of the companies questioned are currently buying renewable energy.

The results point to the sector wanting to buy energy from renewable sources but being put off by the perceived complexity and high cost.

72% of the small companies questioned stated that they are not currently on a specific renewable energy tariff however they would consider buying it in the future. 47% of the companies ruled it out due to its cost and 18% thought it would be too complicated to set up. One third (29%) of the businesses claimed that they were not interested in using renewable energy.

Charlie Crossley Cooke, Managing Director, Opus Energy, thinks the findings have provided a great insight into the current renewable energy policy of UK small businesses. He stated "We estimate that around 10% of all customers’ bills are made up of green subsidies and that the proportion of renewable subsidies that all UK companies pay will rise by around 25% over the next 12 months. SMEs are paying for renewable energy whether it’s clear to them or not.

“There needs to be more transparency for small organisations around the involvement they are already making to renewables – and perhaps this will then lead to a greater up take by SMEs.”

Over the last two years Opus Energy Ltd, a major provider of gas and electricity to UK companies, has sourced 70% of its energy from cleaner, low-carbon sources. More information about Opus Energy’s cleaner power can be found at: http://www.opuscleanerenergy.com/

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Lisa Donohue
FTI Consulting
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