npower Reports Medium-Sized Businesses Losing Out On Energy Savings Due To Lack Of Expertise

npower research has revealed that medium-sized businesses in the UK are missing out on significant energy savings each year by not having trained staff in placed to procure energy.

Only 4% of medium-sized businesses in the UK have a dedicated energy specialist, despite the average business spending over £180,000 on energy per annum. Of those businesses with an energy specialist, nine in ten (88%) say the introduction of the role has saved their organisation money.

The npower ‘Energy Matters’ report surveyed over 200 people responsible for energy procurement – including finance, procurement and office managers – in medium-sized businesses to assess how energy buying is managed and whether it is valued within the business. The report examined what impact having a dedicated energy specialist has on a business.

npower’s research found that just one fifth (21%) of businesses have a formalised energy strategy and over three quarters (81%) of those responsible for procuring energy say they spend more time on administrative duties than procurement.

Wayne Mitchell, industrial and commercial markets director, npower, commented: “We undertook this research into medium-sized businesses to further understand their needs when it comes to energy, following recent CBI and government campaigns to offer greater support to this sector.

“The research found that the person responsible for buying energy can have a significant impact on a business’ revenue yet the importance of this role is undervalued across the UK. Businesses are missing a trick when it comes to having a positive impact on the bottom line by not positioning energy as a board level concern and having a strategy in place to manage its procurement. This is despite findings from our previous research which showed that medium-sized businesses rank energy as the second highest business risk they face, above cash flow, legislation and security.”

The ‘Energy Matters’ research also showed that more than half (57%) felt that energy purchasing is not a valued role within their organisation and fewer than one in 10 (7%) has received any kind of formal energy procurement training. As a result, over a quarter (27%) of respondents have remained on the same contract because they haven’t had time to review it and one in five (19%) said they don’t have the expertise to switch contracts.

In those businesses that do have a dedicated energy specialist the picture was very different. As well as saving their businesses’ money, it was in this role that the most amount of time spent was spent on energy purchasing, the presence of a formalised energy strategy was highest and the value placed on the role by the business was felt to be above average.

Wayne Mitchell continued: “With office managers and not energy specialists accounting for the majority of those responsible for energy procurement in medium-sized businesses it is easy to understand why the role can be undervalued, as these people will be juggling a wide variety of tasks to keep the business afloat. Through better managing energy procurement, costs can be kept to a minimum by ensuring energy is purchased at the correct times, namely avoiding peaks in the market, and with a little knowledge businesses can take control of this themselves. Anyone wanting to find out how should source this advice from their supplier and act now to start saving.”

Via EPR Network
More Energy press releases

npower Employees Prepare To Run For Charity

npower employees in Solihull have been limbering up as they prepare to pound the pavements for charity.

More than 110 employees from npower’s offices in Solihull will be undertaking a ten kilometre run to raise money for Macmillan Cancer Support. They’ll be racing against each other to try and reach their fundraising target of £4,000. The race will start at Tudor Grange Park and participants will make their way around the surrounding area.

Ruth Worton, Charity Manager at npower, said: “This is the first time that we’ve organised a run for Macmillan in Solihull and it’s great to see so many people signed up to take part. Whatever their ability, everyone has been training really hard in the run-up to the event. Macmillan is a charity close to many of our hearts and we can’t wait to get out on the track and start raising money for such a good cause.”

Over the last eight years, npower’s partnership with Macmillan has reached more than £5 million. This has been achieved through large scale fundraising events and through individual efforts from staff who have run marathons and climbed mountains. This year there will be a number of 10K runs and charity walks taking places at npower offices throughout the UK.

Ruth continued: “We’re proud to have such a long term partnership with Macmillan Cancer Support, which is valued at more than £5 million. It’s a cause that is close to home for many of our employees and this event is another example of their passion to make a difference and help people affected by cancer.

“I’d like to wish everyone taking part good luck and thank them for their enthusiasm and support for the fantastic work that Macmillan does.”

Via EPR Network
More Energy press releases

New Energy Consulting Firm Finds Tax Credits For Building Owners

John Schultz has launched Schultz Energy Consulting, LLC, to help homeowners, developers and other entities take advantage of tax credits for meeting federal heating and cooling energy consumption requirements.

Schultz Energy Consulting conducts assessments to determine if building owners are eligible for tax benefits under the Energy Efficient Home Credit program (known as Section 45L), which was established through the Energy Policy Act of 2005.

According to Schultz, individual home owners, apartment complex owners, developers and contractors, as well as partnerships, corporations and trusts, can qualify under the 45L program for a $2,000 tax credit per unit for using energy efficient construction measures.

Eligible buildings must have had construction substantially completed after Aug. 8, 2005, and before Dec. 31, 2011. Construction includes renovations and rehabilitation.

“Most recently built homes and multi-unit residences already exceed the standards and qualify for these tax benefits,” Schultz says.

Schultz adds that eligible buildings must meet heating and cooling energy consumption requirements of Section 45L(c) and be certified in accordance with guidance from the Internal Revenue Service.

“Typical buildings that qualify for the tax credit include traditional homes, apartment complexes, condominiums and assisted living facilities,” Schultz says.

Schultz is a Residential Energy Services Network (RESNET) certified Home Energy Raters (HERS) rater. He is a longtime resident of Stevens Point and was previously employed in the commercial real estate and financial services industries.

More information is available by contacting Schultz Energy Consulting at (715) 340-2970 or at

Via EPR Network
More Energy press releases