Loans for energy savings
September 1st 2009 British businesses are being forced to
'make do and mend' with old,
inefficient equipment, as over half
(52%), don't have the cash to
upgrade. Some 60% of SMEs wait
until their equipment breaks down
completely before replacing it. The
problem is costing businesses £3.3bn a
year in wasted energy according to the
Carbon Trust. The figures were
revealed in a survey of 1,500 SMEs at
the launch, by Dragon's Den star Theo
Paphitis, of the Carbon Trust's Big
Business Refit campaign.
The Big Business Refit aims to help
businesses to scrap their old powerguzzling
equipment and replace it
with new equipment that's cheaper
and more efficient. It provides expert
guidance, plus financial support with
£100m in interest free funding, which
can be paid back through the energy
savings the new equipment delivers.
"The Big Business Refit calls on all
UK businesses to scour their premises
for old equipment, from air
conditioning, to fridges, compressors
to factory machinery," says Paphitis.
"With interest-free funding available
it's an unbelievable deal."
The Big Business Refit runs until
31 March 09. 2010.
www.bigbusinessrefit.co.uk. More articles from The Carbon Trust: | 
