Confidence in energy efficiency sector plummets

Reductions in energy efficiency subsidies, concerns over perceived policy instability and a possible Brexit are all weighing heavily on the sector, a survey has found

Policy changes, cuts to ECO and Brexit concerns have reduced confidence. Photo: DECCSupply side industry confidence in the UK’s energy efficiency sector has dropped to its lowest point yet during the first quarter of 2016, a new survey has found.

The survey, in the June issue of Energy Efficiency Trends published by Bloomberg New Energy Finance in cooperation with EEVS Insight, drew on data from supplier order books, staffing levels, sale prices and government action.

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