Published on
November 22, 2024

How can SME Tenants Take Control of Their Energy Costs?

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 How can SME Tenants Take Control of Their Energy Costs?

The Hidden Cost of Inefficient Buildings

For small and medium-sized enterprises (SMEs), operating in inefficient buildings can feel like an uphill battle. From soaring energy bills to outdated systems that underperform, these inefficiencies drain resources and make it harder to stay competitive. A report by Grenke highlights that 69% of SMEs believe that access to finance is currently holding their business back.

Landlords, often reluctant to invest in retrofits without seeing a direct financial benefit, leave tenants to shoulder the cost of inefficiencies. This disconnect creates a frustrating cycle where progress stalls, buildings remain outdated, and tenants are left paying the price.

Energy Costs Are Squeezing SME Margins

Rising energy costs add another layer of complexity. While SMEs may take steps to reduce consumption, inefficient building systems often make these efforts futile. For businesses already operating on narrow margins, increasing utility bills can eat into profits and limit growth opportunities.

The stakes are even higher now, with 90% of commercial properties requiring upgrades in the next five years to meet stricter energy efficiency regulations. Without action, SMEs risk being left behind, stuck in spaces that fail to meet compliance standards or align with modern sustainability goals.

Innovative Solutions for Energy Efficiency

This is where innovative solutions like UpGreen and Tariff Tribe step in to transform the landscape for SME tenants.

  • UpGreen tackles the financial barrier by financing retrofits upfront. Meaning that SME tenants don’t pay anything upfront, and have a low monthly fee that never exceeds the savings.
  • Tariff Tribe helps SMEs reduce their energy costs by offering energy tariffs that fit their energy needs. For SMEs this means tariff structures that fit their consumption habits, and rates on average 16% cheaper.

Together, we’re creating a pathway for SMEs to reduce costs and take control of aspects that they previously couldn’t.

Take Control of Your Energy Future

SMEs can no longer afford to remain passive about energy inefficiencies. Breaking the cycle of outdated buildings and rising costs requires action—and innovative partners can help.

If you’re an SME tenant ready to modernise your building or secure better energy rates, get in touch with UpGreen for financing your solutions or reach out to Tariff Tribe for energy-saving opportunities.

   

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Dylan Johnson
Dylan Johnson
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