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    Home > Chemicals Industry > International Chemical > UK corporate energy costs could rise by 25% by 2020

    UK corporate energy costs could rise by 25% by 2020

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    If UK businesses do not take action to manage their gas and electricity consumption, they can expect to pay an additional £7.
    4bn in energy costs
    by 2019.

    UK corporate energy costs could rise by 25% by 2020

    According to a new report from energy consultancy Inenco, rising non-commodity costs, expensive carbon pricing and reduced incentives for renewable energy support programs are expected to increase energy costs by 25%
    by 2020.

    Inenco said the introduction of an energy efficiency program could significantly reduce costs up
    .
    Inenco suggests a typical retail store could avoid a £15,486 cost hike by doing so, and limit the rise to £2,875
    .

    A large business park running on around 3 GWh of electricity could raise its costs to 9 per cent, totalling around £
    15,985, the report said.
    Without clean energy measures, energy bills could reach £47,561 by 2019
    .

    If UK businesses do not take action to manage their gas and electricity consumption, they can expect to pay an additional £7.
    4bn in energy costs
    by 2019.

    Energy costs

    UK corporate energy costs could rise by 25% by 2020

    UK corporate energy costs could rise by 25% by 2020

    According to a new report from energy consultancy Inenco, rising non-commodity costs, expensive carbon pricing and reduced incentives for renewable energy support programs are expected to increase energy costs by 25%
    by 2020.

    Inenco said the introduction of an energy efficiency program could significantly reduce costs up
    .
    Inenco suggests a typical retail store could avoid a £15,486 cost hike by doing so, and limit the rise to £2,875
    .

    A large business park running on around 3 GWh of electricity could raise its costs to 9 per cent, totalling around £
    15,985, the report said.
    Without clean energy measures, energy bills could reach £47,561 by 2019
    .

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