Member Article

New energy hikes could majorly impact small businesses

In efforts to help combat climate change the government have recently announced some new policies that will benefit household energy bills but will have the opposite effect on small and medium sized businesses.

The increase in energy costs for businesses could rise by around 21% for medium sized users (businesses who use between 2,778 and 27,777 megawatt-hours (MWh) of gas and between 2,000 and 19,999 MWH of electricity on an annual basis).

This rise in costs could have a major impact on small businesses who are already struggling to keep afloat. Some businesses have already been taking precautions and applying for ISO 50001 certifications to help protect their organisations against the future energy hikes and reduce costs in general.

More and more companies are taking measures to reduce their energy bill, and although this is a good thing, it should not be in response to massive price increases introduced by the government. Even though organisations are taking measures to reduce their energy consumption, they are unlikely to see a fall in the cost of their bill due to the unreasonable hike. Businesses should be rewarded for using less, not punished.

This was posted in Bdaily's Members' News section by Ruth Barton .