The number of businesses cutting ties with the ‘Big Six’ and generating their own power has seen a dramatic rise in the past year, fresh figures revealed this week show.
Onsite generation of power through renewable sources, including solar PV and anaerobic digestion, has rocketed up by more than 25 per cent, with the manufacturing sector leading the way with 38 new schemes commissioned since last year, according to the latest comprehensive study into the sector industry.
According to the 2014 Energy Entrepreneurs Report, which first published last year,investment in the UK independent renewable energy generation rocketed to almost £300 million in the past year, with the number of projects soaring by 40 per cent and solar seeing the biggest surge in capacity (150 per cent). As much as £997 million worth of energy is now being produced by independent renewable energy projects – enough to power 4.67 million households – the report claims.
Onsite renewable generation by business rockets by more than 25 per cent