Local authorities are leading the way in the roll-out of cheap energy initiatives across the country, a new survey reveals.
According to a poll of public sector organisations and business leaders by the Economist Intelligence Unit, 61 per cent of local government respondents have installed smart metering, with 18 per cent saying they are in the process of doing so.
Meanwhile, less than half (49 per cent) of companies in the private sector have implemented smart metering technology.
Similarly, over a third (36 per cent) of public sector officials questioned have already installed some form of microgeneration technology, while 30 per cent are in the process of doing so. In the private sector however, just eight per cent of companies have exploited microgeneration.
The report found that the majority of respondents want to see the energy sector and particularly utilities driving efforts to improve domestic and business energy efficiency.
Four out of five companies said they expect energy and fuel prices to rise sharply, with around half saying the UK could face a significant energy supply shortage within five years.
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