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Energy efficiency barriers costing businesses £720m in potential cost savings

Businesses are considering ways to boost energy efficiency in heating and boiler upgrades, but don’t feel that Government incentives are enough – new research warns that they could miss out on around £720m in energy savings annually.

A new Cebr (Centre for Economics and Business Research) report ‘Powering Energy Efficiency’ published on 22 November, created in collaboration with Grundfos, surveyed 2,000 UK residents and 500 business owners to gain an understanding of how they are dealing with the cost of living crisis.

“Whilst there is plenty that the Government can and should be doing, particularly around regulation and enforcement of energy saving measures, there is clearly a large gap in knowledge that must be addressed. We, therefore, call on the Government to launch a public awareness campaign that will finally dispel the damaging myths around energy efficiency improvements and lead to the cost savings our households and businesses deserve.”

Grundfos’ UK country director Glynn Williams

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