Nearly half of UK SMEs have expressed a new interest in renewable energy sources, a GetApp report reveals.

The outcomes from the GetApp research reveal the devastating influence of the worldwide vitality disaster on small companies whereas highlighting methods for firms to adapt by way of using renewable vitality.

The GetApp research revealed how 85% of managers throughout the UK have seen electrical energy costs rise because the begin of 2022, with 30% of those companies saying it has risen by 11%-20% . In the meantime, 91% of firms that skilled a rise in electrical energy costs reported a detrimental influence on the corporate’s efficiency. 71% of companies consider that the rise in electrical energy costs is an issue that’s prone to proceed for a while.

When managers had been polled additional concerning the controls they’ve in place to avoid wasting vitality, the bulk (49%) stated they’ve rules in place, however they aren’t being adopted correctly. Whereas 17% of companies haven’t any rules in place. Of all 4 UK international locations, English companies are the least compliant with the principles got down to save vitality (at 52%).

Renewable vitality: are SMEs able to be renewable?

Many companies are more and more turning to extra renewable vitality sources because of rising costs. At present, 34% of UK SMEs get a part of their vitality from renewable sources. Throughout all 4 international locations, the GetApp survey reveals how English companies use renewable vitality essentially the most (37%), adopted by Wales (33%), Northern Eire (31%) and Scotland (29%). The vast majority of companies (39%) get between 11-20% of their vitality from renewable sources. Most of their vitality sources come from photo voltaic panels (71%), and hydroelectric energy (38%).

Almost half (49%) don’t presently use renewable vitality however are considering beginning. Of those that have not used it but, 34% declare that till this yr, they did not want it, whereas 32% did not know how you can begin. In the meantime, 29% declare that it’s too costly to put in renewable vitality programs.

In whole, 88% of UK companies that already use renewable vitality plan to extend their use sooner or later. Companies in Wales expressed the best curiosity in having the ability to change within the subsequent few years (at 94%).

David Jani, Content material Analyst at GetApp UK, feedback:

“Corporations must rapidly adapt to the challenges attributable to larger vitality costs in 2022. Total, 71% of the companies we requested consider that this can be a longer-term difficulty, so efficient motion is required. Power administration software program and renewable vitality are two key examples of long-term options to cut back vitality prices. In each instances, virtually half of our pattern is considering adopting them ahead vitality options, exhibiting that measures to avoid wasting on payments are in excessive demand immediately.”

About GetApp
GetApp is the advice engine that small companies must make the best software program alternative. GetApp permits SMEs to realize their mission by delivering tailor-made, data-driven suggestions and insights wanted to make software program buying selections. For extra data, go to www.getapp.co.uk.

Examine Methodology
Information for the ability research was collected between October and November 2022, the place 388 SME house owners, government managers, or senior managers responded to GetApp’s survey.

Media Contact
Carmina Solano Davis
Advertising Specialist (UK)
carmina.solano@gartner.com