Monday, July 13th 2020
Mark Sait, CEO of energy-saving specialists SaveMoneyCutCarbon advised Talk Radio listeners this morning that the Chancellor’s £3 billion energy-efficiency initiative would help businesses, services and homes.
He said that Chancellor Rishi Sunak’s measures, announced in the Summer Statement, had shown how to save money and cut carbon emissions at the same time.
“The Chancellor did something very good. He started to join up the dots between the environment and how we can actually all save money. As we come out of our lock down and we move into what’s going to be quite a brutal recession I think saving money is on everybody’s agenda.
“The energy efficiency measures make a bit difference. If you are in a business it’s important to lay the groundworks for saving that can go directly to the bottom line and that can save jobs.”
Mark advised that energy efficiency can also protect services. For example, SaveMoneyCutCarbon has completed an energy-saving LED lighting project recently at Addenbrooke’s Hospital that is saving £148,000 a year.
“That’s money that can go straight into the front line of the hospital.”
The same thing applies to the home.
“Change a 60-watt lightbulb for an LED bulb and you are going to save yourself £20-22 a year if it’s on eight hours a day. And as we’re all now working from home, and as the winter comes, we’re going to have those lights on. So there is a material money saving and carbon emissions reduction a great by product.”
Mark advised listeners that it is important to buy the right LED bulbs to be sure of the best quality light that can match or better that of the old halogen and incandescent bulbs.
“If you buy the cheap LEDs at £1.99 for three from the local hardware store, yes you will see the difference. We install these in hospitals, palaces, homes – with the right products, it’s absolutely fantastic. It has the added benefit while the old incandescent lasted 2,000 hours, the good-quality LED will last up to 50,000 hours, a big saving that also reduces landfill.”