End users shrug off Brexit energy impact, kit suppliers feel first wave of pessimism

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European CommissionThe Brexit vote appears to have had little impact from an end-user energy efficiency perspective, according to a poll of 89 people by Bloomberg New Energy Finance and EEVS, upon which the latest UK Energy Efficiency Trends report is based.

While a quarter of end users said they had felt some kind of effect on their energy efficiency investment plans, three quarters said it was business as usual following the vote.

However, more than half (55%) of those polled believe that their energy prices will increase over the next 12 months as a result of the vote’s economic impacts.

Suppliers appear to be feeling the effects more keenly. Only 35% said it was business as usual following the vote and 56% reckon it has already had a negative impact.

Of those polled, most end users (55%) thought EU energy efficiency rules should be scaled back and revised, with 39% wishing to retain current legislation. Six in ten suppliers however want to keep those EU regulations in place, which may be because the rules drive equipment sales. Some 35% thought they should be scaled back.

The Energyst is currently surveying both large and small firms for views on energy efficiency. The aim is to gauge the state of play, such as whether Esos has delivered much in the way of outcomes for large organisations, the barriers small and mid-sized companies face in making energy efficiency investments, and whether companies adequately value energy management as a resource.

What is working, what is not? Tell us. Take the survey here.

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