How Renewable Energy Can Help with the Cost of Living Crisis
The cost of living crisis is having a negative effect on many businesses, with many struggling with their finances, therefore, turning to renewable energy sources may be the answer to helping some issues faced.
Switching to renewable energy can be quick and easy, and it should help your business move to a better financial position, all while aiding the environment.
Read on to find out how the cost of living crisis is affecting businesses and why your switch to renewable energy may be the way forward…
What is the Cost of Living Crisis?
The cost of living crisis has been affecting everyone within the UK and worldwide, with many small businesses struggling to stay afloat.
The crisis refers to the price of everyday items increasing, with record highs for petrol, food and heating crippling many families and businesses. When searching for an answer as to why this is happening, it isn’t as easy as pinpointing one specific target, but experts claim the ongoing war with Ukraine and COVID19 has had a detrimental impact on the economy.
How Will Renewable Energy Help?
Renewable energy can be very helpful when it comes to keeping your finances in check and it could be the first step towards a cheaper future.
Using renewable energy can lower your electricity bill, although most renewable sources such as solar panels and wind turbines have a high initial installation cost, they bring down the monthly bill exponentially and some renewable energy forms don’t even have an added cost after installation.
Looking towards renewable energy sources for your business can prove beneficial in more than one way…
Business Benefits of Renewable Energy
One of the biggest benefits of switching to renewable energy is saving money on your finances, which in turn will allow you to invest that money within your business rather than spending it on heating and electricity.
Initial installation costs can be expensive, however, from then on the services are pretty much free to run, with solar panels requiring little to no maintenance.
Experts predict that using wind and solar power costs just a third of what your bill would be if you were generating electricity using gas, which would mean that the two thirds you are saving on your energy bill could go towards bettering your business.
Environmental Benefits of Renewable Energy
Of course, it is expected that renewable energy will have plenty of environmental benefits – and it’s true!
Renewable energy comes in many forms including using smart meters, solar power, wind turbines and more, to reduce your carbon footprint and hopefully make a change to the environment.
Taking your business to the renewable energy side will be beneficial for both you and nature, creating a brilliant way of showing that your company cares for the environment.
How to Switch to Renewable Energy
The cost of living crisis is making more and more business struggle with their finances, a big part of the struggle being down to energy and electric bills, therefore, we are here to help you and your business make the switch.
We can fit solar PV and Thermal panels to your roofs or gardens and fields. In addition to this, we have many other solutions that may suit you better, such as tubular solar solutions that you can lay flat on the ground or hang vertically off the side of a building.
We are here to help – our dedicated team at Gaeltel will get to know you and your business and complete a free energy audit to determine the most efficient actions to cut consumption, carbon and costs.
Get in contact with us at firstname.lastname@example.org for more information