With energy and fuel prices soaring, small and medium businesses (SMEs) are increasingly looking at green energy solutions to help cut costs.
The latest NatWest Sustainable Business Tracker has shown a fast growing trend among SMEs to invest in sustainable energy and transport. This comes in a variety of forms:
- Electric vehicles for their fleets
- Charging equipment for electric transport
- Solar and green energy generation
This is of particular interest for ZPN Energy!
EVs (electric vehicles) and EV Charging Infrastructure
In the last year, 15% of SMEs have taken the plunge into the EV revolution
The data from the NatWest index shows that over the next five years, some 37% of SMEs are planning to invest in EV infrastructure. This includes turning their fleets over to zero emissions vehicles and having chargers installed on their premises.
In the last year, 15% of SMEs have taken the plunge into the EV revolution, while 19% of larger businesses including parcel delivery companies, such as Amazon and DPD have tapped into the EV revolution.
Government incentives in support of EV infrastructure
This is helped with government incentives. Where it comes to company cars, for example, Benefit In Kind (BIK) taxation is significantly weighted towards EVs - a company car user will be given a BIK allowance of just2% on an EV as against a fossil fuel car of as much as 33%. This has been a significant driver in the massive uptick in new EV registrations in recent years.
The UK government is also offering an EV infrastructure grant for businesses of less than 249 employees. Companies taking advantage of this can significantly reduce their expenditure, when it comes to installing such equipment.
ZPN Energy known for electric vehicle charging systems
ZPN Energy is known for their electric vehicle charging systems. What might not be known is another piece of data from the NatWest Sustainable Business Tracker interests ZPN Energy. Over the next five years, 27% of businesses - up from 10% this year – are planning on-site energy generation.
In most cases, this means that companies will be installing solar panels on their roofs and around their land. With grid energy costs significantly impacting businesses’ bottom lines, the idea of ‘free energy’ is causing a surge in demand for such systems.
Business Energy Management Solution (BEMS)
ZPN Energy offers the Business Energy Management Solution (BEMS)
ZPN Energy offers the Business Energy Management Solution (BEMS), where energy is used in the most cost efficient way possible, in order to help keep those soaring costs down. The BEMS can be retrofitted to existing buildings, and potentially installed as part of a wider green energy strategy involving EV charging systems too.
As well as cost savings there are other benefits. One of those benefits is the Environmental, Social and Governance (ESG) reporting that can attract or repel climate conscious customers.
Having a strong focus on the climate is a known selling point, which is why business giants, such as Royal Mail, Amazon and DPD are taking the lead on such matters.
Green energy revolution
For ZPN Energy this all represents exciting times ahead. The green energy revolution is upon the world with so many UK businesses investing in sustainable energy solutions, and that can only be good for everyone.