Business energy and The Green Deal
A different deal for businessesOK, here comes the fine-print…. although in our initial readings of the plan it does seem to hold together as a good idea. Firstly, there is a cap on the amount domestic users of the Green Deal can apply for. However, costs associated with business premises are obviously a lot higher and at the moment it seems there is no upper limit to the amount businesses can apply for; it’s more a case of what you can agree with the company you use to install theses technologies. Secondly, the financial savings you make must exceed the costs incurred. In other words, you can’t build a wind farm on top of your kebab shop that will never return the savings you make. In addition, if you are already signed up to some aspects of the Green Deal, such as those around climate change and carbon reduction, you may well be able to layer those existing agreements in with the new aspects of this scheme. So, some (green) food for thought. But let’s leave you with this one last consideration. This scheme has little or no upfront costs, and once costs are paid off, you will obviously enjoy the benefits of lower energy use, and therefore lower bills, for the lifetime of your business. Such measures will also make your business more attractive if the time comes to sell up.
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