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SMEs overspending £82m on energybills

Source: Energy Live News

UK small and medium-sized (SMEs) businesses are wasting more than £82 million per year on their energy bills.

That’s according to new analysis from the Energy Efficiency Financing (EEF) Scheme which stated the overspending is due to inefficient technology and old equipment.

The EEF scheme is a joint initiative between the Carbon Trust and Siemens Financial Services.

They studied businesses’ use of lighting, heating and hot water, cooling and ventilation and other areas of energy consumption.

The report concluded “potential” energy savings of more than £414 million could be achieved per year if they invest in more energy efficient equipment.

Read more on this story at Energy Live News

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