Our research shows 90 per cent of small businesses want to be more energy efficient. Yet the cost of going green, combined with uncertainties surrounding return of investment in new technologies, can act as barriers. Flexible regulations from the Government, along with tax and business rate relief, will encourage small businesses to take up efficiency measures and lower their carbon emissions.
Action FSB have taken
Calling for a revamp of the Green Deal, so tax breaks like the Enhanced Capital Allowance Scheme are made easier to understand and use.
- Calling for flexible regulations that help small businesses go green rather than burden them with extra paperwork.
- Calling for financial incentives to be offered to small firms up front, so they can switch to energy efficient equipment.
- Informing the Competition and Market Authority (CMA) review of concerns within the energy market.
- Engaging with energy companies so they provide clear advice and support for small businesses, about their plans to roll out smart meters.
We believe the energy market needs to do more to help small businesses reduce their energy consumption, including tailored advice for smart meters. We also want more up-front, financial help for small businesses to go green. Changing to sustainable processes and product ranges or services, relies on investment. Start-ups and innovative, small businesses should be part of the emerging green industries. Investing public funds in the research and development of renewable energy technologies, will give small businesses an opportunity to be part of a lower-carbon economy.