UK Businesses Slash Energy Use, Surpassing Last Year’s Reduction Goals

UK Businesses Slash Energy Use, Surpassing Last Year’s Reduction Goals

Energy Snapshot: UK Businesses Light Up the Skies (and More)

POWWR, the industry veteran behind smart energy software, just dropped a fresh fact‑check: the average UK company is burning through more than 25 MWh of electricity every year.

Things Are Cooling Down

Good news? That figure dipped by 4.6% compared to last year. So, it seems the collective lightbulb flicking habit has finally hit the brakes. Still, the story isn’t all rosy—spice and pepper, the North and the South, and some big regional disparities have kept things interesting.

Iso‑lating the Energy Gaps

  • South Wales vs London: Companies down south are using about 29% more energy than their capital‑city counterparts. It’s a thick‑air puff of a difference—quite literally!
  • South Scotland vs the North: Southern‑Scots firms consume roughly 15% more power than those up north. Maybe they’re warming their offices a bit faster.

Bottom line: Even though the overall burn rate is easing, geography still plays a big part in how much electricity businesses are gulping down. Keep an eye on those numbers—it’s like watching a giant pizza slice being devoured break‑down by hand, but the slices differ depending on where you live.

Electricity Bills Drop by a Third—A Big Win for UK Business!

Recent data shows that the average UK company spends £4,584 on electricity—down by 38% compared with last year and 13% from the previous quarter. It’s a huge relief, and it means more money can go into coffee, growth, or that long‑deserved ski trip.

How The Savings Breakdown by Region

  • North Wales: £1,000 more per business per year than London
  • London: the sweet spot where energy costs are lowest

So while the numbers look good overall, not every business feels the same—some still pay more than others depending on where they’re located. But regardless, the overall trend is clear: less energy use equals lower bills, and that’s a win for everyone.

UK Businesses Are Cutting Energy Use—and It’s Paying Off

Matt Tormollen, CEO of POWWR, points out that the latest Energy Barometer highlights a genuine uptick in energy reductions across the UK, especially among the big corporations comfy under the watchful eyes of regulators and stakeholders.

  • A staggering 327,000 data points give us an inside look at how much power each business is gulping and how much the bills are burning.
  • The price cap just rolled out by Ofgem chalks a ceiling for suppliers: 6p per kWh for gas and 24p for electricity.
  • With sharper competition and falling prices, confidence is bubbling back up among business leaders. Long‑term contracts have ballooned to an all‑time high, averaging around 25 months.
  • Smaller firms are grabbing longer deals to lock in a little more financial security.

And the warm takeaway? “Businesses are doing real progress on energy efficiency, and they’re being rewarded with longer, cheaper contracts,” Tormollen smiles. “We’re still on a mission to slash carbon footprints, but after a tough few years, the horizon looks pretty bright.”

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