What is Renewable Energy?

Renewable energy is all of the energy that comes from sustainable sources. Sustainable sources are those which can be renewed: sunlight, wind, water, and geothermal heat. Most often, renewable energy products are considered “green” energy. With so much dependency on non-renewable energy sources such as coal and oil, renewable energy has the potential of massive growth due to its ability to be easily distributed throughout the world, unlike coal and oil, which are locally sourced and will eventually be unattainable. When these sources do run out, we need to be able to switch to alternative sources of energy, like renewables.

There are three distinct categories of renewable energy:

  • Solar Energy
  • Geothermal Energy
  • Wind Energy

The only thing that a sustainable source needs is the right technology to reap the rewards. With most of the technology already developed today, more discoveries are continually being made. This is making it easier and more affordable to adopt and incorporate renewable energy into homes and businesses

How Can Renewable Energy Help a Business?

Businesses all over the world are constantly looking for more ways that they can be more sustainable. “Going green” not only helps a company’s bottom line, but it can also help to attract new clients.

Some significant benefits a business can gain from switching to more sustainable energy sources are:

  • Lower energy bills
  • Create jobs and stimulate the economy
  • Reputation boost; new marketing approach
  • Return on investment
  • Reduced global emissions
  • Improved CSR
  • Receive incentives from the government

And the satisfaction that you’re doing your bit!

RHI (Non-domestic Renewable Heat Incentive)

As of 2017, the UK government is investing in renewable energy to bring the cost of technologies down. This includes investments (£177 million) from BEIS, the Research Councils, and Innovate UK. The UK is also working with other countries to create and develop solutions, further helping to reduce the cost of technologies. Another programme set up to help with costs of switching to renewable heat is the RHI. This incentive is a government environmental programme which provides financial incentives to businesses, the public sector, as wells as non-profit organisations.

The RHI applies to those (businesses, non-profit, and the public sector) who had equipment installed in England, Scotland, or Wales on or after July 15, 2009. Your installation must meet certain requirements. Eligible installations on renewable energy will be able to receive quarterly payments over 20 years on the amount of heat generated. It’s important to note there are two schemes under the RHI: Non-Domestic for businesses and Domestic for domestic dwellings.

British Gas business currently offers 3 renewable heating systems within our fully-funded scheme [1]. Our expert advisers can help you decide which technology is right for your business and your property estate. Non-Domestic RHI payments and any energy savings could provide financial support to make your new system more affordable [2].

Carbon Trust Certification

Known as the world’s leading independent certification, the Carbon Trust Certification recognises an organisation’s achievements in their action on climate change. Their active role includes managing and reducing greenhouse gas (CO2) emissions, ultimately demonstrating their success in cutting down their carbon footprint. This voluntary certification is not only a mark of excellence, but shows a company’s commitment to sustainability.

British Gas business is certified by the Carbon Trust Certification, guaranteeing that the electricity supplied is 100% backed by certificates of renewable energy guarantee of origin. These certificates are valid and exclusive to every business customer. It is estimated that some 12,000 businesses within the UK will be required to report on their carbon emissions and energy usage and carbon emissions starting this year, including many more reporting voluntarily. British Gas business provides all the documentation to their large business customers, showing their greenhouse gas emissions.

[1] Business Finance: The offer and the availability of finance is subject to status and a credit check.

[2] Eligibility, registration and claiming Non-Domestic RHI are the sole responsibility of the customer.

(Visited 77 time, 10 visit today)
The views, opinions and positions expressed within the British Gas Business Blog are those of the author alone and do not represent those of British Gas. The accuracy, completeness and validity of any statements made within this blog are not guaranteed. British Gas accepts no liability for any errors, omissions or representations. The copyright in the content within the British Gas Business Blog belongs to the authors of such content and any liability with regards to infringement of intellectual property rights remains with them. For more information about the mix of fuels used to generate our electricity simply visit britishgas.co.uk/business/about-us. You can find information about how to make a complaint at britishgas.co.uk/business/complaints.