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The Met Office outlook for 2025 predicts we're facing one of the three warmest years ever recorded as far as the world's average temperature goes. 2023 broke records at 1.45°C above the all-important 1.5C over pre-industrial levels, and 2024 almost certainly went over the 1.5°C limit for the first time, a record nobody wanted to see beaten. And we all need to do our bit.
In 2024 Labour said it wants to make electricity 100% clean by 2030. The Labour government's Great British Energy initiative involves creating a UK-owned energy company to invest in next-generation renewables, reducing the country's CO2 emissions as well as cutting the cost of energy. Jürgen Maier, dedicated to clean tech and the former UK CEO of Siemens, will lead GBE with initial funding of £8.3 billion.
It's also good to know there's almost £5 billion of funding available to help businesses in the UK go greener. These green energy grants for business can be used in a variety of ways from installing LED lighting, solar PV systems and insulation to fitting more efficient heating systems. There's the RLS or Recovery Loan Scheme, the IETF or Industrial Energy Transformation Fund, Business Rates Support for Green Technology, the SEG or Smart Export Guarantee, plus Local Council Grants for Energy Efficiency and more. All of which might be able to help your company go greener, save money on energy, and even generate money from being greener. Let's take a look.
OFGEM suggests some handy business energy efficiency grants and schemes. The National Energy Foundation's YouGen website is full of excellent advice about efficient energy use and renewable energy sources. The Energy Savings Trust contains useful case studies to inspire you, also looking into energy efficiency resources. They hold events to talk about their recommendations and provide advice about energy efficient supply chains, so you may want to keep your eyes open for an event near you. And the smallbusiness.co.uk website provides great advice for everyone from SMEs and MSMEs to start-ups.
Various government business energy schemes, loans, grants and subsidisation can help smaller businesses cut their impact with energy efficiency, revised processes, investing in green equipment, managing waste better, and planning ongoing sustainable development. Your local council might prove an excellent source of advice and funding, as do various kinds of independent green energy-focused business innovation funds. With luck and a fair wind behind you, you may be able to use the Smart Export Guarantee scheme to earn money from generating your own renewable power.
You can check GOV.UK’s Energy Technology List for insight into the greenest plant equipment, delving deep into the latest and most efficient boilers, lighting, air conditioning and refrigeration tech. And there are plenty of different finance schemes provided by charities, specialist energy agencies and energy suppliers themselves.
The Clean Heat Grant, for example, provides funds for businesses to adopt green heating tech like heat pumps and biomass, and the Green Gas Support Scheme funds biomethane to boost green gas use in the national grid. Your own business energy supplier might have schemes you can tap into. And price comparison website Compare the Market compares business energy quotes from a range of suppliers to help businesses spend less on the energy they use. Cut your usage, cut the cost and you can make substantial savings as well as helping battle runaway climate change.
Combine all this potential support with contemporary low-energy, high efficiency heating, cooling and lighting technologies and there's significant potential for your business to hit its own emissions targets and contribute to the nation achieving Net Zero.
Consumers are well aware of the issues around CO2 and climate change, which means going as green as you can – and talking about it – can provide an important competitive edge, in the same way that businesses with a strong and positive focus on Environment and Social Governance are beginning to attract savvy customers and consumers.
Add all this together and you get a virtuous circle that can only benefit your business's future. So can we help you with the latest, greatest low energy heating, cooling and lighting? We're always happy to talk turkey with businesses wanting to reduce their CO2 footprint or aim for CO2 neutrality. Together, we can make it happen!