Energy: Buy Better, Buy Less, or Both? – Key Takeaways for Plastics Manufacturers

Watch a recording of a presentation by Neil Stott from Mypower, an award winning commercial solar solutions provider.

The presentation explored practical strategies for UK plastics manufacturers seeking to reduce energy costs and improve long-term resilience. With electricity prices remaining volatile and energy consumption in the sector typically ranging from 500,000 to over 1 million kWh annually, the presentation focused on three main approaches: securing better energy purchasing agreements, improving energy efficiency, and investing in onsite solar generation.

While buying energy more effectively and reducing consumption can provide savings, onsite solar offers the greatest long-term control over energy costs.

Case studies demonstrated significant financial benefits, including annual savings exceeding £100,000 and system payback periods of just three to five years. Examples from Leeways Packaging Services and Elite Plastics showed strong returns on investment and substantial reductions in grid dependency.

The webinar also addressed common concerns surrounding solar adoption, including roof condition, planning permission, grid connections, landlord approval, and upfront capital costs. Real-world examples illustrated how these challenges can often be overcome, with financing options enabling businesses to achieve positive cash flow from the first year.

Manufacturers can reduce exposure to rising energy prices, improve sustainability, and achieve attractive financial returns by adopting onsite solar as part of their energy strategy.

Download the Presentation (PDF)
 

Contact
MyPower