|Being energy efficient is key to being competitive|
Energy costs account for up to a fifth of business expenditure but most organizations can easily save 10% or 20-30% if efficiency is a priority. Photograph: British Gas/PA
At a time when cutting costs is imperative for many businesses, utility costs can be a significant and unavoidable overhead. Energy costs can account for up to a fifth of the average business' expenditure and this is compounded by a volatile energy market and an increasing amount of complex regulation on the horizon.
However this threat can be turned into an opportunity to cut costs and gain competitive advantage if businesses are willing to transform their approach to managing their energy use.
From our experience of working with over 750,000 business and public sector customers we know that most businesses can save at least 10% on their bills by taking steps to manage their energy more efficiently. For those that go a step further and make energy efficiency a business priority, savings in the region of 20-30% are achievable.