In the race to achieve net-zero by 2050, the UK’s commitment under the Paris Agreement is clear. But while this deadline might seem far off, the reality is that the best time for commercial and industrial (C&I) businesses to start their sustainability shift is now. Let’s explore why immediate action is crucial. In the race to achieve net-zero by 2050, the UK’s commitment under the Paris Agreement is clear. But while this deadline might seem far off, the reality is that the best time for commercial and industrial (C&I) businesses to start their sustainability shift is now. Let’s explore why immediate action is crucial.

The most cost-effective power source vs ever-climbing fossil fuel prices

One of the primary reasons to embrace sustainability today is the rising cost of fossil fuels. Renewable technologies are more affordable, diverse, and efficient than ever before. In 2021, solar energy became the most cost-effective renewable power source in history, with prices dropping by 80% since 2010.

But renewables offer more than just competitive pricing; they provide immediate savings by reducing utility costs. Since renewables are directly linked to site performance and energy expenses, the savings you can achieve now will be more substantial compared to future savings when the grid is more saturated with renewable energy. By acting today, businesses are taking advantage of a unique moment where competitive pricing and strategic benefits align perfectly, providing your business with a long-term competitive edge.

Sustainability matters today, not just tomorrow

According to the Task Force on Climate-related Financial Disclosures (TCFD), larger C&I businesses will soon be required to report on climate-related issues, with new standards set to be introduced in early 2025. Across industries, transparency and adherence to Environmental, Social, and Governance (ESG) criteria are becoming non-negotiable.

ESG is influencing purchasing, recruitment and investment decisions. A YouGov survey found that 82% of UK consumers believe businesses have a responsibility to protect the environment, and 75% are willing to pay more for sustainable products. Clients and customers increasingly prefer companies that prioritise sustainability, report ESG accurately, and maintain a green supply chain.

An effective ESG strategy not only enhances your brand reputation but also reduces operating costs, provides tax incentives, and minimises supply chain impacts.

The power of energy independence

In 2023, the UK experienced the highest number of insolvencies in 20 years, with rising costs and interest rates being key contributors. UK industries saw a 35% increase in electricity bills between 2021 and 2022, according to Money’s UK Business Cost of Living Statistics Report of 2023. This makes achieving energy independence more critical than ever.

Many businesses have turned to green strategies to stabilise and secure energy costs, locking in stable energy costs and long term savings that can be better invested elsewhere within the business.

Don’t be left behind on the renewable energy transition

The UK’s renewable energy sector is thriving. Businesses that invest in renewables now can leverage their ESG credentials to attract customers, investors, and employees. Corporates such as Amazon, M&S, Bombardier, Tesco, McDonald’s, Lloyds, and HSBC are all entering PPAs to hedge against future volatile power prices at scale. The financial benefits of energy independence, combined with the competitive advantage of being a sustainability leader, make it clear that the best time to join the energy transition is now.

Case study: Davall Gears

Davall Gears is a leading UK precision gear designer and manufacturer specialising in industries such as aerospace, defence, medical, robotics, and industrial. In 2022, Zestec began working with Davall Gears to help them transition to green energy. Under Zestec’s PPA model, a 288kWp rooftop solar system was installed, enabling Davall Gears to generate 275,000 kWh of electricity annually.

Despite initial challenges, including the need for a full roof replacement and redesigning the solar PV system to comply with DNO export limits, Zestec’s project management and technical teams ensured a smooth and successful installation. The result? Davall Gears now saves £56,000 annually on electricity costs and reduces CO2 emissions by 62 tonnes each year.

How Zestec can help you take the first step towards sustainability

The path to a sustainable future begins with a single step. By investing in renewable technologies, your business can take advantage of lower costs, improved energy independence, and enhanced ESG credentials. The benefits are clear, but the time to act is now.

Explore our commercial solar energy solutions and join the growing number of businesses leading the way in sustainability. At Zestec Renewable Energy, we provide the expertise and solutions needed to ensure your business stays ahead in the green revolution.

Contact Zestec today to learn more about our fully funded renewable energy solutions and how we can help your business thrive and be compliant for the future.

Speak to one of our team on: 01202 018 800
Email us at: info@zestecgroup.co.uk

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