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23 years experience
23 years of experience
23 years of experience

17 Sep

The ROI of Green Energy: Why Sustainability Pays Off

by chris
 
As any business owner will know, making a wise investment needs to deliver some sort of return. Whether this is a financial reward or growth opportunity. As the world turns its attention to the ever-growing demand for green energy sources, businesses can play a significantly influential role in the change we can make as a society towards becoming more sustainable. Some of the biggest businesses in leading industries have already made a conscious effort to make a switch to green energy, investing in green energy projects and schemes, as well as going green across their business operations. By doing so, there is plenty of opportunity for return on investment. In this blog we explore why going green is more than just an ethical move but also a wise financial decision for any business.   How To Invest In Green Energy Whether big or small, there’s a wide range of options available for businesses hoping to invest into green energy. Putting the right foot forward towards a more sustainable approach to business and a healthier, greener planet. From renewable energy sources such as solar, wind, and hydroelectric power to innovations supporting the sustainable transformation of the energy sector, green energy investments work to replace fossil fuels with renewable sources of energy. Many renewable energy providers are emerging, allowing businesses to directly invest into green energy projects. Companies can also choose to purchase renewable energy credits or carbon offsets as a way to support the development of green energy and reduce their carbon footprint.   The Financial Benefits Of Going Green While investing in green energy may require an initial investment, it ultimately leads to long-term financial benefits for businesses. Here are just a few ways that going green can pay off financially: Cost Savings: Switching to renewable sources of energy can result in significant cost savings over time. This is because renewable sources often have lower operating costs and do not rely on finite resources such as fossil fuels which are subject to market fluctuations. Tax Incentives: Many governments offer tax incentives and rebates to businesses that invest in green energy. This can help offset any initial costs and make the transition more financially feasible. Brand Reputation: Consumers are becoming increasingly conscious of their environmental impact, and many are actively seeking out companies that align with their values. By investing in green energy, businesses can improve their brand reputation and attract a larger customer base.   The Long-Term Impact Aside from the immediate financial benefits, investing in green energy has long-term effects on both the environment and society as a whole. Reducing your business’ carbon emissions and your carbon footprint, you are contributing towards a greener planet and a healthier environment for future generations to live and grow. While the environmental impact will not happen immediately, over time the planet will benefit.   To Conclude… This is just a few examples of how to invest into green energy and the reasons why. In order to benefit from the ROI of green energy investment, now is a great time to reconsider your approach to business energy and make a positive impact on the environment.   Get in touch with our friendly team to discover D-ENERGi 100% UK Wind Power and get advice on switching to renewable energy for your business.
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Committing almost £5 billion worth of investment to help businesses across the UK achieve net zero, the UK government has committed to supporting businesses, big and small, make the changes they need to go green. With green energy incentives such as funding grants and schemes, businesses can access the financial support they need to make big changes. In this blog, uncover how you can access this financial support and what it can do for business, big or small.   Sustainability funding for small businesses For small businesses in the UK, there’s a range of options for financial support. The UK government has created their Find a Grant service, which allows businesses to search the government website for relevant grants and funding schemes. While some schemes are location-based and only applicable to certain types of businesses, the tool allows you to filter and select certain criteria, helping to pinpoint funding that your business may be eligible for. Specific local authorities may also have a budget for funding for local businesses too. Details of which can be found here.   The benefits of government-backed funding schemes By accessing green energy funding through government-backed schemes, businesses can fully embrace the transition to sustainable and environmentally-friendly practices. These incentives offer numerous benefits for businesses, including: Financial support: The most obvious benefit of these schemes is the financial support they provide. By reducing the burden of initial costs, businesses have more capital available to invest in other areas of their operations. Competitive edge: In today’s society where consumers are becoming increasingly conscious of sustainability and environmental impact, implementing green energy solutions can give businesses a competitive edge. By showcasing a commitment to reducing their carbon footprint, companies can attract eco-conscious customers and potentially increase sales. Cost savings: Implementing green energy solutions often leads to cost savings. Making running  a business a little more financially viable. Particularly in times of hardship, with rising energy costs and the high cost of living, keeping costs down, such as business energy costs, is important for all businesses to stay afloat. Positive brand image: Adopting green energy practices can also improve a company’s brand image. Customers are more likely to support businesses that align with their own values and beliefs, especially when it comes to sustainability. By showcasing commitment to reducing environmental impact, companies can build a positive reputation and gain customer loyalty. Meeting regulations and targets: Many countries have set goals for carbon neutrality or reducing emissions by a certain date. By embracing green energy solutions, businesses can stay ahead of potential future regulations and meet these targets early on.   While there may not currently be support available for your business, it is always a good idea to keep an eye out for latest updates and new schemes from the government. And, with a new Labour government in power, there’s certainly potential for updated financial support to be added to the list of current grants.   If you’re currently struggling with your business energy payments or would like more advice, do not hesitate to get in touch with our team at D-ENERGi. We can supply you with a free quote or advice and guidance to help you cover your energy payments.
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