Eco Environments targets commercial sector as turnover breaks £6 million barrier
Publication date: 15 May 2012
Author: Eco Environments
Leading renewable energy company Eco Environments has seen its turnover grow to more than £6million – compared to £1.3million last year.
The company, which has its head office in Liverpool, has also seen its headcount increase from 12 to 50 during the past 12 months.
It had originally forecast that revenues would rise to around £5million during 2011/12 but a combination of high take up of solar panels by domestic customers and a number of significant commercial contract wins saw the company achieve turnover of £6.4million.
However, with the Government’s feed-in-tariff incentives being slashed again from July 1, Eco Environments’ plan moving forward is to put greater focus on the commercial side of its business and the wide range of renewable energy technologies offered by the company.
Mike Clarke, Eco Environments’ Managing Director, said: “Solar PV and feed-in-tariffs have dominated the news agenda for the last couple of years, but the focus going forward will be far more about energy efficiency in the face of ever rising energy costs.
“Eco Environments is not a provider of solar panels; it is a business which offers customers the full range of renewable energy solutions of which solar panels happens to be one.”
The company designs, installs and commissions technologies including solar PV, wind turbines, solar thermal, air source heat pumps and energy efficient lighting.
David Hunt, Eco Environments’ Sales and Marketing Director, said: “While the FTSE companies and large PLCs all have sustainability policies in place, this is much less the case among the SME community.
“Many owner managers still think that renewable energy is about saving the planet when in fact harnessing the right technologies could actually help grow or even save a business at a time of ever rising energy costs.
“New research from the Forum of Private Business has revealed that energy costs are now one of the biggest issues facing small business owners.”
During 2011, Eco Environments moved to 9000sq ft of office and warehouse space on the Wellington Business Park, close to Liverpool city centre – more than six times’ the size of its previous premises in Bootle.
The business also established regional offices in Newcastle, Leeds, Birmingham, Carlisle and St Asaph.
In addition, successful industry partnerships were agreed with Hyundai Solar – the first deal of its kind with a UK renewable energy company – Kingspan Solar and Wind and German solar manufacturers K2 Systems and WINAICO. These partnerships paved the way for Eco Environments to open a wholesale division of its business.
Mark Buchanan, Eco Environments’ Commercial Director, said: “The Government’s chaotic handling of the FIT rates is killing tens of thousands of jobs in the solar industry and taking away from consumers one of the best financial investments available to them during extremely uncertain economic times.
“But as a business with a range of solutions we are reinforcing the focus on energy and helping our customers understand how a holistic energy and efficiency strategy can really pay dividends.”
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