Cost key issue as energy use grows

Almost 20% of British firms expect their energy needs to increase over the next five years while less than 10% expect them to drop, according to a survey commissioned by gas carrier Transco. Research firm Kadence (UK) interviewed over 300 senior executives from industries including chemicals, paper and steel. Half the businesses surveyed had annual […]

Almost 20% of British firms expect their energy needs to increase over the next five years while less than 10% expect them to drop, according to a survey commissioned by gas carrier Transco.

Research firm Kadence (UK) interviewed over 300 senior executives from industries including chemicals, paper and steel.

Half the businesses surveyed had annual fuel bills of £50,000-£100,000. Only 9% mentioned environmental issues in considering the needs of their sites, against 61% who said cost was the key factor. Those that expressed environmental concerns were mostly large consumers – 45% had bills of more than £500,000.

Laurence Wade, a Transco business development manager, said: `It is vital for businesses to evaluate their energy requirements to see where savings can be made.’