Small businesses demand improvement in energy sector

Article posted

29th Nov 2023

Read time

2-4 min read

Author

Mollie Pinnington

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As the energy crisis continues to bite, a growing number of businesses are calling for significant reforms in the energy sector to ensure a more sustainable and equitable distribution of energy resources.

 

The crisis has disproportionately impacted on small businesses, many of which are struggling to cope with soaring energy costs. According to a recent survey, nearly 80% of small businesses have reported an increase in their energy bills, with some facing hikes of over 50%. These rising costs are putting a strain on small businesses' budgets, forcing them to make difficult decisions about staffing, operations, and even their future viability.

 

In response to these challenges, businesses of all sizes are advocating for a range of measures to improve the energy sector, including:

  • Improved energy efficiency measures: Businesses are advocating for stronger government policies and incentives to promote energy efficiency upgrades, which can help businesses reduce their energy consumption and costs.
  • Fairer energy pricing: Businesses are calling for a more transparent and equitable pricing system for energy, which would protect consumers from excessive price fluctuations and ensure that businesses are not unfairly penalized for energy usage.

 

These measures would not only help small businesses weather the current energy crisis but also contribute to a more sustainable and resilient energy future for all.

In addition to these policy changes, businesses are also taking steps to reduce their energy consumption and costs on their own. Many businesses are implementing energy-efficient practices, such as switching to LED lighting and upgrading their HVAC systems. They are also exploring renewable energy options, such as installing solar panels or purchasing renewable energy credits.

 

While these individual efforts are commendable, they are not enough to address the systemic challenges posed by the energy crisis. Businesses need comprehensive and effective government policies to support their efforts and ensure a more equitable and sustainable energy sector.

The energy crisis is a significant challenge for businesses of all sizes, but it is particularly difficult for small businesses. By working together, businesses can advocate for the changes needed to improve the energy sector and ensure a more sustainable and equitable future for all.

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