How HeatingSave Helps Businesses | Page 16

Those who have pension funds or other investors must act now to make up for the falling BP share price. More than £56 billion has now been wiped off the company’s market value, since the Deepwater Horizon rig sank, killing 11 men and causing the huge oil leak on April 20. BP was, until this crisis, Britain’s biggest company.

HeatingSave’s parent company Tensor plc has been given a certificate which rewards high standards of health and safety (H&S) among UK contractors.

Businesses have been recently feeling the pinch during the worst recession since 1945. If your company is struggling, then installing a HeatingSave system in order to cut costs could offset any fall in profits. By making your central heating set-up more efficient you could save £1000s per year.

Businesses’ energy bills could rise by 26 per cent in the next decade due to policies to cut emissions in the UK. In contrast, domestic bills would only rise by 1% in the same period, according to reports published by the Department of Energy and Climate Change. The Government is calling for input from various groups into changing the way in which the UK consumes and produces.

A HeatingSave building energy management controller can help save the planet as emissions from nations go up worldwide.

A group of leading British businesses has called on the government to protect the UK economy against a new threat of rising oil prices. The industry taskforce, which includes retailers Kingfisher, warns a new ‘peak oil’ threat is likely to be felt in the UK within the next five years. Peak oil is the point when the maximum rate of global petroleum extraction is reached, after which the rate of production enters a terminal decline. The consortium is asking for improved government support for energy efficiency measures.

Rachel Eden, councillor for Whitley, said installing solar panels would be a good investment for residents and businesses. Ms Eden said the technology would enable those in the Reading area to benefit from renewable energy sources.

Company bosses were warned not to take the issue of global warming lightly. This year’s CBI Climate Change Summit highlighted a US survey where consumers ranked climate change bottom of a list of 21 problem issues facing their country. Irwin Lee, vice president and general manager of Procter & Gamble’s UK and Ireland operations, has committed that 30% of the power used to run its factories comes from renewable energy sources by 2020.

The Committee on Climate Change (CCC) says climate effects are already being felt in the UK in the form of higher temperatures and changing seasons. This is the first time the CCC has looked into how homes, businesses and authorities should be changing in order to deal with climate impacts. Previously it has concerned itself with matters like the country’s greenhouse gas emissions and energy supply.

A council in Wales has approved a plan to reduce its carbon footprint. Wrexham will put in place energy-efficient bulbs instead of all its residential street lights. The Welsh Assembly Government has pledged £280,000 towards the scheme, which will cost £336,000.

A global warming activist group has praised US President Barack Obama’s plans to put up solar panels on the White House roof in order to heat water and provide some electric power. Previous incumbents Jimmy Carter and George W Bush also installed panels. “Solar panels on one house, even this house, won’t save the climate, of course,” said the group 350.org on their website. “But they’re a powerful symbol to the whole nation about where the future lies.”

Energy regulator Ofgem has stepped up its investigation into the ‘big six’ suppliers. Five months ago Ofgem said it had evidence the leading energy companies had pushed up prices in response to rising costs more quickly than they reduced them when costs fell.