5 Ways Yorkshire Businesses Can Cut Energy Costs and Carbon
Cutting energy costs and reducing carbon emissions are priorities for businesses across Yorkshire. Energy-saving strategies not only help your bottom line but also bring you closer to achieving sustainability goals. On June 4th, join Energy Oasis, Ripon BID and Ripon Together at the Ripon Racecourse Racing to Net Zero networking event, to learn actionable ways to cut costs on your journey to Net Zero. Here are five strategies to get you started.
1. The Cheapest Kilowatt Is the One You Save
The most effective way to cut costs and emissions is the most obvious one: to use less energy. Efficiency is key. Small operational changes can make a big difference, from switching to LED lighting to improving insulation and upgrading aging systems. But how do you know where your business can cut back without compromising operations?
Energy Oasis offer free energy audits to identify where your business is wasting energy and provides clear, actionable strategies to address inefficiencies. At the Racing to Net Zero event, you’ll meet experts who can guide your business through these energy-saving methods. Learn how monitoring tools, smart controls, and intelligent energy-efficient technologies can help you take immediate and impactful action.
2. Harness the Power of Solar and Renewable Energy
Investing in solar and renewable energy can reduce overhead costs and protect your business from fluctuating energy prices. By generating your own energy, you gain greater control over consumption and significantly lower your reliance on grid power.
Take, for example, Energy Oasis’s collaboration with JT Atkinson. The building supplies company, operating across multiple sites, faced annual electricity costs of £14,000 to £16,000 per location. With around 90% of this attributed to lighting, the opportunity for improvement was clear. Energy Oasis coordinated the installation of 30kW solar photovoltaic (PV) systems at 25 sites and a larger 50kW system at one additional site. The results:
Annual Savings: Approximately £3,400 per site through feed-in tariffs and reduced usage
Carbon Savings: A reduction of 1,198 tonnes of carbon emissions
ROI Timeline: A 7-year return on investment and 20 years of revenue
Whether you’re a small business or a larger enterprise, there’s a renewable solution to suit your goals. Join us at Ripon Racecourse on June 4th to learn how renewable energy could pave the way to a more sustainable and profitable future for your business.
3. Unlock Funding and Grants to Go Green
Adopting sustainable technology is often wrongly associated with high upfront costs, but the right funding can make all the difference. Did you know there are asset financing, government grants, subsidies, and even regional business funding programs specifically designed to support businesses on their path to Net Zero in Yorkshire?
At the Racing to Net Zero event, funding specialists will help demystify the process. Learn how to access resources that help cover upfront costs, making energy efficiency projects more financially feasible. The goal? To remove barriers so your business can confidently invest in impactful, sustainable energy solutions.
4. Get the Best Deal on Your Energy Contract
Securing the best green energy deal is about more than just cutting costs. It’s about ensuring your business’s resilience in a market that's constantly fluctuating. Wholesale energy prices have dropped significantly since their 2022 peaks, but understanding when to act and how to negotiate your contract remains critical for reducing energy expenses. Timing your procurements strategically, adopting the right contract type, and partnering with experts can make all the difference.
Fixed contracts can lock in rates and provide budget certainty, which is vital for smaller businesses that need predictability. Larger businesses, on the other hand, may benefit from flexible agreements, allowing you to take advantage of price fluctuations and even sell back surplus energy positions when costs are lower.
At the Racing to Net Zero event, Energy Oasis and other business specialists will share insights into market trends and contract strategies. They’ll help you understand how to avoid common pitfalls and secure deals that align with your business needs and budget. You’ll leave equipped with the tools to take control of your energy usage and spending.
5. Race to the Net Zero Event
The Racing to Net Zero event is your opportunity to discover actionable, impactful strategies directly from experts and local success stories. Connect with Yorkshire business leaders, energy professionals, and cost reduction specialists while taking part in an unforgettable evening of racing. This hands-on advice will unlock unparalleled energy and cost-saving opportunities for your Yorkshire business.
Take the Next Step Towards Energy Efficiency
Join us on June 4th at Ripon Racecourse for Yorkshire Energy Efficiency, an evening dedicated to lowering energy costs and reducing carbon emissions. Meet some of our experts at Energy Oasis, who will equip you with the knowledge to make impactful changes.
Get in touch with us today if you have any questions or to see how we can help your business take the next step to reduced costs and carbon!