Lowering thermostat 'more effective' at cutting business energy costs

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.

Managers looking to reduce their commercial gas bills and considering spending money to do so could take heed of an expert's advice, suggesting it is financially better to enact simple measures.

Speaking on the Cambridge Judge Business School podcast, Dr Michael Pollit from the faculty's Electricity Policy Research Group observed that installing fixtures such as double glazing can be expensive in both initial costs and energy savings.

Instead, companies might like to try "less flashy" methods such as lowering the thermostat or lagging hot water tanks, as Mr Pollit said such practices can be more effective.

Furthermore, in order to meet the government's efficiency targets, Mr Pollit noted that a higher percentage of bills will be paid towards measures aimed at combating carbon emissions.

Last week, the prime minister visited a village in Oxfordshire, where residents have taken almost 600 different actions to address climate change. David Cameron commended the people, saying they were "getting results".

Posted by James Green

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.