Small firms are keen to become more energy efficient, but they are being held back by the high upfront cost of green investment, according to the Federation of Small Businesses (FSB).
The FSB has outlined a path to help cut carbon emissions and costs for small firms in a report.
The FSB’s report found that small businesses are keen to make investments in sustainability and to become more energy efficient through reducing their carbon footprints.
The business group says small firms across the country should be given access to the Business Energy Advice Service, which offers tailored support including free energy assessments and match-funded grants for improvements.
It also says that future solar panel grant support offered by the government should be available to commercial properties as well as domestic properties.
The current VAT zero rate for installing energy-saving materials should include commercial premises, the FSB adds.
Tina McKenzie, Policy Chair at the FSB, said:
‘The incredible inventiveness and entrepreneurialism among the small business community will be a powerful tool when it comes to cutting carbon, growing the green economy, and hitting the country’s net zero targets – if small businesses are given the tools and support they need to thrive.
‘The sustainable economy has absolutely enormous potential for growth in coming years. This is growth that we as a country need, and small firms must be given the chance to benefit from the opportunities on offer.’
Internet link: FSB website
