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Wood Waste Technology’s tips for managing the energy price cap increase

  • Writer: PWT
    PWT
  • Dec 27, 2024
  • 2 min read

The rise in UK energy prices is already placing significant financial pressure on small businesses, and with the energy price cap set to increase further in early 2025, many are preparing for even greater challenges.

 

Wood Waste Technology provides a range of reliable, durable and easy-to-use wood waste heaters, which are designed to suit businesses of all sizes
Wood Waste Technology provides a range of reliable, durable and easy-to-use wood waste heaters, which are designed to suit businesses of all sizes

Managing escalating operational costs in an uncertain economic environment is proving crippling for some, leaving business owners with difficult choices: raise prices for customers or absorb the losses themselves.

 

In an economic climate where consumers and businesses alike are tightening budgets, raising prices is a risky strategy. Many company owners fear alienating existing clientele by passing on the additional costs. At the same time, absorbing these expenses can erode profit margins to unsustainable levels, particularly for energy-intensive sectors such as manufacturing.

 

Over the past few years, the steep rise in energy prices has significantly impacted small businesses, especially those reliant on high energy consumption. Yet, amid these challenges, some companies are discovering innovative ways to mitigate such costs.

 

For those that generate or have access to waste wood, investing in a wood waste heater can offer a practical and sustainable solution. These systems convert waste material into a renewable energy source, providing affordable heating while reducing both energy bills and waste disposal fees.

 

While the upfront cost of these dedicated units might seem daunting, the payback period can be remarkably short. Businesses that produce sufficient waste wood are encouraged to explore this option, as savings on energy and disposal costs often allow the investment to pay for itself in under 12 months.

 

Wood Waste Technology provides a range of reliable, durable and easy-to-use wood waste heaters, which are designed to suit businesses of all sizes. Beyond the financial savings, these heaters can significantly reduce a company’s carbon footprint, offering free heating for facilities while eliminating waste disposal charges such as skip hire, for example.

 

To find out more, contact Wood Waste Technology on 01785 250 400 or visit www.woodwastetechnology.co.uk.

 
 
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