Back on Track: What businesses need to recover from COVID-19
Governments and energy market bodies have been clear on the importance of reforming energy markets. But we believe the current economic crisis presents an opportunity to ramp-up efforts to support businesses in becoming more energy efficient.
Energy efficiency measures are no-regrets options that policy makers can use to reduce energy costs, improve energy system security and reduce greenhouse gas emissions – all while yielding savings in excess of the costs of the measures. Recent analysis by the NSW Government found that for every dollar spent in capital improvements, $2.60 is saved from businesses’ energy bills and the costs of running the electricity system.