Five things businesses need to know about renewable energy

Darren Lemon, Managing Director of b4b renewables

As we progress towards Net Zero targets, we encourage business owners to understand what renewable energy solutions can do for their business.

Whether you’re looking to enhance your ESG credentials, save some money on operational costs and utility bills, reduce your carbon emissions or adopt a more sustainable business model, there’s a renewable energy solution to align with your business goals.

The wealth of information about renewable energy can make it challenging to know where to begin.

To help simplify the process, we have compiled the top five key things you need to know when considering renewable energy options for your business:

1. The renewable industry is fast-growing and has the potential for huge economic contribution

A recent report from KPMG, commissioned by Renewable NI, found that the solar energy industry has the potential to contribute up to £426m to the Northern Irish economy from 2025 to 2030 and to support up to 1,800 jobs annually by 2030.

The NI government have also recognised the need to switch to renewables, with a commitment to our planet as one of the three key themes of the Programme for Government. The Department for the Economy has also committed to delivering at least 80% of electricity consumption from renewable sources by 2030 and the Department for Agriculture, Environment and Rural Affairs is currently working on a ‘Green Growth’ strategy for Northern Ireland.

This demonstrates a recognition of the health of the renewable sector here in Northern Ireland and the opportunities that are available for businesses.

2. Renewable energy solutions will reduce your running costs

We understand it’s sometimes thought that it’s much more expensive to go green but employing renewable systems in your business will in fact reduce your utility bills substantially, an important consideration for businesses in the current energy climate where running costs are often a top concern.

At b4b renewables, our solar PV and smart battery storage systems provide a reliable, independent power source for your business. This will both reduce your businesses’ energy bills and your reliance on grid power, leaving your business less vulnerable to shocks in the energy market.

3. Renewable energy technologies are long-lasting and easy to run

The lifespan of renewable technologies such as solar PV systems is 20 to 25 years, whereas the average boiler lifespan is between 10 and 15 years.

Our battery storage solutions ensure that you can store the sun’s energy even after it sets, therefore keeping your business powered with clean energy day and night. This allows you to maximise self-reliance and ensures that you will never be without energy.

At b4b renewables, we explain the benefits and operations of solar panels and battery storage to our customers in detail, including reduced energy costs, increased energy independence, and improved environmental impact.

4. Customers really value a company’s ESG credentials

Especially apparent amongst the younger generation, a company’s ESG credentials and commitment to sustainability are often a big consideration when deciding whether to work for the company or purchase its products.

Recent research from YouGov¹ found that a fifth of people in the UK are willing to spend more on sustainable products.

The same research also found that consumers generally believe that industries are not doing enough to minimise their environmental impact. Therefore, by implementing renewable technologies in your business, you can set yourself apart from the crowd and get noticed by your customer base.

5. Renewable energy suits all types of businesses, including those with a high energy demand

At b4b renewables we create custom-designed solar systems tailored to your business’s specific needs and budget. What’s more, our innovative battery storage solutions power your business on your own terms, whatever the energy demands of your business.

Our solutions are also specifically designed to help businesses with high energy consumption to reduce their energy costs and improve their energy efficiency.

If you are interested in finding out more about renewable energy solutions, visit our website at www.b4brenewables.com

Reference:

1. https://business.yougov.com/content/49572-british-attitudes-towards-sustainability-on-world-environment-day-2024