Survey finds UK SMEs turning to renewable energy generation

According to new research from Opus Energy there is a growing level of interest among small to medium enterprises (SMEs) in generating renewable energy from their own businesses, with one third (32%) expecting to introduce solar panels, wind turbines or anaerobic digestion for example, and 38% expecting to be generating their own renewable energy within five years.

Despite recent cuts in energy tariffs, and perhaps faced with finding new ways to generate income (42% highlight the revenue opportunity behind any decision), a large number of SME business leaders questioned in the Opus Energy survey expect to be generating renewable energy within the next five years, with younger business owners (aged 18-34) more likely to make the investment sooner.

Despite cuts in subsidies, the opportunity to generate additional income appears to be a key motivator for the growing number of SMEs looking to generate green energy, with 42 per cent citing the opportunity to create new revenue streams behind any decision to invest.

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