Investment 'could help firms improve their energy efficiency'

Between 1 July 2019 and 31 December 2019, at least 10% of people who switched energy supplier for both gas & electricity with Uswitch saved £479 or more.

Companies could improve their green credentials by investing in new heating and cooling technology, according to new research.

The study by air conditioning firm Daikin UK claimed that 61 per cent of businesses believe new systems can improve their efficiency, with 69 per cent saying businesses can do more to cut their energy costs.

According to ACR News, it was also found that 92 per cent of firms are unaware of the government's Enhanced Capital Allowance (ECA), which was established to help them invest in energy efficient technology.

Mark Dyer, marketing manager for Daikin, told the website that the increasing cost of gas and electricity means energy efficiency is becoming a major issue.

"It seems we could clearly be doing more to encourage investment in new energy saving technology by raising awareness of the ECA," he added.

The publication of the report has come after NetRegs programme manager Richard Martin claimed small businesses may put other issues, such as tax, before improving their green credentials.

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