Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Get in touch

Untitled(Required)

BUSINESS FINANCES

How business finances can benefit from renewable energy choices

Around the world, governments are finally starting to take decisive action to combat climate change.

There is now significant pressure on the energy companies to turn toward renewable energy choices and away from finite resources that produce the carbon dioxide responsible for global warming.

While the initial cost of moving over to renewable energy can be off-putting to businesses, especially in the aftermath of the COVID pandemic, some incredible benefits come from making ‘greener’ energy choices.

Firstly, your reputation and public image in the industry and, most importantly, with customers will be enhanced. The issue of climate change is now deeply rooted in the public consciousness.

Research from Deloitte reveals that 23% of the public would actively switch to using companies making efforts to reduce their carbon footprint. That percentage is significantly higher in the 18-30 age range, which makes up a majority of future customers over the coming two decades. More customers means more money.

The other significant benefit of turning to renewable energy is the financial aspect. The costs of natural gases are on the rise, and renewable energy has become more affordable in recent years, despite some misconceptions.

The problem that some businesses may have when investing in renewable energy is the initial financial investment, which can be very high in some cases. However, the long-term economic benefits are immeasurable, and the return on investment will take time but will be impressive.

Renewable energy systems are also comparatively low maintenance, making them an excellent solution for commercial premises with a high footfall. Not only will these systems save you money on repairs, but their maintenance costs are also low and highly infrequent.

Here at 001, we offer advice on how you can improve your business finances in the long term by making intelligent, measured renewal energy choices today. If you would like to chat with one of our team, get in touch, and we will endeavor to help in any way possible.