Almost three quarters of businesses fail to adequately keep an eye on energy costs a new survey has revealed.
Of the 250 highly placed officials interviewed, almost 60% had no idea how much their energy bills had increased over the last five years. This comes in spite of the intense media scrutiny energy suppliers including the 'Big Six' have found themselves under as of late.
In the study by Westinghouse Solar, a range of people including chief executive officers, finance directors, managing directors and directors from small and medium businesses were interviewed.
Seven out of ten participants suggested the government needed to do more to encourage energy efficiency, this in spite of only a quarter of those surveyed admitting to making energy expenditure a regular item on their company's agenda in meetings.
Westinghouse Solar director, James Carpenter, also used the survey to point out there was still a lot of opportunities for renewable energy production from UK businesses.
He said: "There are currently 250,000 hectares of south-facing commercial rooftop space available in England and Wales according to the Department of Energy and Climate Change.
"As little as 5-10% of that space being used for solar photovoltaic deployments, whilst in many European countries, Germany for example, that figure rises closer to 50%"
More than half surveyed admitted to not taking solar into consideration as a potential energy source. Less than a quarter of those surveyed (23%) said they had considered the energy source, but had not contacted a provider.
With the government targeting more use from renewable sources however, more businesses and energy consumers will need to be encouraged to switch to renewable energy sources by the 2020 deadline.
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