In fact, the cost of the energy you use makes up an increasingly small percentage of your bill.
In 2011, energy costs represented 65% of the bill. Today, the cost of the power you use accounts for just 35% of the bill and within the next 10 years, only 20% of your bill will be for the power you have used.
Non-commodity costs will account for the other 80%. These avoidable charges include the cost of managing the power distribution and transmission network as well as environmental levies and taxes intended to support the transition to a low carbon economy.
By generating power onsite, businesses can avoid these non-commodity costs altogether and mitigate the risk posed by volatility in the market and fluctuating energy prices.
And it’s not just a guaranteed way of cutting the cost of power – the adoption of onsite renewable energy generation can be a first step towards net zero for many companies, as well as helping the UK to achieve its legally binding climate change targets.
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