Market Research Sees UK Businesses Worried about Energy Supply

About The Authors

12th November 2012 17:41 - Utilities

According to a new survey by the British Chambers of Commerce, UK businesses are becoming increasingly concerned about the availability and rising cost of energy.

Of the 3,500 businesses who took part in the study, some companies are already reporting problems with energy shortages – some 10% have experienced a cut in supply on five or more occasions in the past three years alone.

Overall, 59% of large businesses, 44% of medium-sized firms and 38% of small businesses said that energy security is set to become a “major concern” in the future.

The market research also demonstrated strong support for the Government’s current policy of creating a diverse energy mix - 90% of respondents agreed this will avoid future energy supply problems.

Nevertheless, the upcoming publication of the new Energy Bill has created controversy, since the coalition has been split over its content as well as the support it will give to renewables.

Finally, the survey found that businesses are also worried about their energy bills escalating, with 40% of the respondents claiming that rising energy costs have already adversely affected their progress.

Sign up for free insights from your sector…

Support Us...

We hope that you have found this article useful. This section is freely available for all to use. Please help support it by liking us or following us on our social media platforms:

Share this article...

For updated Utilities insights please follow us on @DJS_Utilities or use our RSS feed

Other Utilities Research Findings

Other Latest Market Research Insights

© DJS Research 2022