Small firms could be missing out on new business deals by not implementing green measures.

That’s according to an energy advisory firm, which claims using an ‘Energy Audit’ could help small and medium enterprises (SMEs) cut electricity, gas and water consumption as well as save them money. It also helps firms prioritise energy saving projects with the best return on investment.

A report by the European Commission showed almost one in nine SMEs have bid for public sector contracts, which included environmental requirements, but firms without a green policy could be ineligible for the deals even if they can compete on price and quality.

Adam Thompson, Chief Operating Officer at Utilitywise said: “Going green isn’t just about saving the planet, just as important for smaller firms in the current economy is saving money and making it easier to win new business.”

The firm claims a recent energy audit for a manufacturing firm helped save around 60,000 kWh of energy.