Renewable Energy – The decision that’s hotting up for businesses

With fuel prices continuing to soar and increased pressure to reduce carbon emissions, switching to renewable energy is becoming a very attractive option for businesses. But what the business owners really need to know is which technologies are going to make the biggest difference to the bottom line?

Local energy-efficiency company, EnergyMyWay provides free advice to businesses and property owners on how to make the most of renewable energy, including cashing in on current government grants and incentives.

?Many people are aware that there are grants and payback schemes available for businesses and property owners looking to become more energy efficient.? Says Peter Fahy, Regional Director of EnergyMyWay (Berkshire).

?But every property and the way it is used is different. It?s important to fully understand which renewable solutions will give you the best results and lead to the long-term sustainability of your business.

For example if your business uses a lot of hot water you may be the perfect candidate for Solar Thermal or an Air Source Heat Pump, which can save you up to 65% of your annual hot water bill. There are government vouchers available now to help with installation costs and these are linked to a 20-year cash back scheme, the forthcoming Renewable Heat Incentive.

If you have a business with high lighting costs and you need to light your premises around the clock, energy efficient lighting is extremely effective and affordable now, often reducing your lighting bills by up to 75%. There are government loans available for lighting with repayments linked to your bill savings.

The demand for Solar PV (electricity) has received a lot of press recently, and while Feed-in Tariff rates have recently been reduced, the returns from a Solar PV installation are still very attractive, the cuts coincide with panel prices dropping dramatically while electricity prices continue to climb. The current Feed-in Tariff rates will more than cover the total cost of your electricity, for many years to come.?

So, what should you do if you want to know more about how renewable energy can help your business or property?  Get in touch with a local specialist company, such as EnergyMyWay who will provide you with a free renewable energy survey and explain your options. EnergyMyWay also provides a fully accredited installation service on a complete range of renewable technologies.

James Eades

By: James Eades

Operations Director, James Eades is EnergyMyWay's in-house expert on renewable energy policy, microgeneration technologies and best practice in the renewable energy industry.