British businesses are undertaking an increasing number of energy efficiency projects, according to a new survey.

Bloomberg New Energy Finance and Energy Efficiency Verification Specialists (EEVS) found that eight out of ten suppliers reported either stable or increasing orders over the past three months.

Smaller-value projects of between £50,000 and £100,000 drove the growth.

Heating, ventilation and air conditioning equipment posted “very strong” growth, followed by lighting.

Dip in big projects

While the total value of smaller projects increased, there was a dip in the cash coming in from big projects valued at more than £500,000.

The results pointed to a “double-edged sword”, the analysts said.

Overall, the sector was judged to be on the rebound from previously low levels of activity, the survey concluded.

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