Risk management tips brought to you by the insurance professionals at Glowsure Insurance Brokers


UK businesses of any size can benefit from reducing their energy consumption—but especially SMEs, which have a potential energy saving opportunity of up to 20 per cent, compared to 8 per cent for large businesses, according to the Carbon Trust.

How SMEs Can Reduce Energy Consumption and Save Money

Energy costs can be a significant drain on any business, but especially on SMEs, which typically have narrower profit margins than larger businesses.

Yet UK SMEs generally fail to prioritise energy efficiency. According to a Business Energy Index (BEI) survey, only 47 per cent of UK small businesses have methods in place to manage energy efficiency, despite the fact that 87 per cent of businesses reported an increase in energy costs during 2013, according to the Forum for Private Business.

Prioritising energy efficiency also shows a large margin for potential savings—the BEI survey found that 50 per cent of SMEs reported savings of up to 10 per cent directly stemming from implementing energy efficiency measures.

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Wesley Haynes
Wesley is the Director at Glowsure Insurance Brokers. He's passionate about giving the best customer service he can, and this is at the core of everything at Glowsure.
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