Lee Hyde, Director of Sustainability as a Service at leading sustainability and money-saving platform, SaveMoneyCutCarbon, discusses how businesses can prepare themselves for the drastic reduction in government support.
“Though the Energy Bill Relief Scheme will be replaced by the Energy Bill Discount Scheme come April, businesses, charities, and the public sector will see far less government support on their energy bills in an effort to shield the taxpayer. However, without proper preparation for this drastic reduction in support, firms will have to adapt or fall flat.
“As small businesses continue to tackle the cost pressures of inflation amidst weakening government support for their energy bills, it has become crucial that firms have the resources they need to adequately plan ahead. In terms of sustainable practices, the simplest swaps – such as switching to LED lightbulbs – could make a huge difference in the rising prices they are seeing on their energy bills.
“For big change to happen, having eco-friendly appliances in the workplace is becoming less of a matter of good hygiene and more of a necessary staple in terms of survival. I think in the next few years, having proper consultation on the best sustainable practices will prove to be a make-or-break for businesses across the board. The incorporation of green behaviours into every business strategy won’t just benefit the bottom line but will add a competitive advantage to any business’s value.”
