It has been proven that shifting to renewable energy creates jobs. With this in mind, let’s explore the relative benefits of renewable energy to the business sector of Europe. With the rising costs of energy and its production, any smart business owner would find ways to limit their consumption. However, what occurs when limiting consumption is no longer viable?
A business needs to operate in order to generate profits. If the focus is all on cutbacks, how effective will their service be? This is one of the primary reasons why corporate giants from Europe’s business sector made a massive push for sustainable and renewable energy. If you’re wondering why, let’s look at the very real benefits that business can reap.
Lower consumption costs
Renewable energies like solar or hydroelectric power can severely slash consumption costs. It is estimated to be able to halve current consumption costs. The move to renewable and sustainable energy means that a business is no longer competing to get a piece of the limited energy pie. There will be more funds available for the other facets of the business.
PR honey pot
If you’ve ever seen The Avengers, you’ll remember a scene with Tony Stark declaring his base of operations a beacon of clean and sustainable energy. Pepper Potts immediately mentioned the need to “get some press” on this new development. It’s true for the movies and it’s also true in real life.
Businesses who have moved to renewable energy are the darlings of media. It’s a smart public relations strategy. As more and more consumers are becoming aware of “going green”, there can be a significant impact in the decision of patronizing your establishment or not. Hint: if your business has gone green, you’ll be receiving more green from your customers as well.
At the start of this article, we mentioned that it has been proven that renewable energy creates more jobs. The installation, upkeep, and maintenance of solar energy and the like need more manpower. If more and more businesses patronize renewable energy, the demand will create a great need for more centers which generate clean energy.
Significant return of investment potential
Going green can cost a bit at the onset. However, the long-term effects of applying a renewable energy system to your business shall be significantly positive. When you get to save half of what you’d normally pay for the usual energy consumption and add that through the years, the savings are staggering.
Under the CCL (Climate Change Levy) your business will also receive exemption from paying duties.
Global warming is a serious issue. If steps aren’t taken to lessen greenhouse gas emissions, more damage will be done to our environment. It is important to be discerning about the form of renewable energy you choose as others still have some emissions.
To close, businesses have much to gain from choosing renewable energy. As the current form of energy is slowly but surely drying out, going green is a good way to have a secure energy supply.