The UK’s soaring energy prices are already causing financial strain to some small businesses, and yet the energy price cap is set to rise in early 2025.
Managing spiralling operational costs in an already uncertain market is crippling some small businesses, with the only possible solutions being to raise prices for customers or absorb the losses themselves.
There are already signs that people are tightening their belts in this current economic climate. With both household and commercial budgets already being squeezed, many business owners are fearful of increasing prices in case it alienates their clientele.
Over the past few years, UK energy prices have surged. For small businesses with energy-intensive operations, such as manufacturing companies, this sharp increase has a huge effect on the bottom line.
Despite the bleak landscape, some businesses are managing to find alternative solutions. Those companies that generate or have access to waste wood could benefit from purchasing a wood waste heater. Wood waste heaters allow businesses to convert waste wood into affordable and renewable energy, slashing energy and waste disposal costs simultaneously.
Whilst the purchase of a wood waste heater requires an initial investment, the payback period can be quite short. Businesses that generate waste wood are urged to find out more and do some calculations, as with the savings on energy and waste disposal costs, some businesses can get payback on their investment in a wood waste heater in less than 12 months.
Wood Waste Technology offers a range of durable, reliable and easy-to-use wood waste heaters to suit all sizes of businesses.
By investing in a wood waste heater, a business can benefit from free factory heating whilst saving money on skips and other waste disposal charges, as well as helping reduce a company’s carbon footprint.