Energy-related expenses are still a major negative issue for UK manufacturers
Energy-related costs are still putting off UK manufacturers, a new market research report released by industry body EEF has recently revealed.
As part of this survey, the EEF interviewed close to 300 major industrial energy users, more than half of which revealed that a solid commitment from the UK Government to keep prices around or below the EU average would be the single most important factor in determining more companies to establish or expand their manufacturing facilities in the country.
Terry Scuoler, EEF Chief Executive said: “Rising energy costs represent a major threat to growth and could damage efforts to support and sustain long term recovery. The UK cannot afford to pile even more unilateral costs on the manufacturing sector which is key to developing the UK’s longer term growth and stability.”
He added: “Many manufacturers now feel that they are being severely penalised by high energy costs, some of which are being unilaterally imposed and are not shared by competitor nations.”
It’s already becoming quite clear that reducing energy costs is something every company should seriously consider, and implementing a reliable and affordable solution designed specifically to reduce the overall energy-related bills is one of the most sure-fire ways to attain these cuts.
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The end result is that users still get a very good level of comfort, while in the same time saving energy and money in the process.
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